Zwift

Zwift

Virtual training platform for cycling and running

About Zwift

Simplify's Rating
Why Zwift is rated
A-
Rated A on Competitive Edge
Rated B on Growth Potential
Rated A on Rating Differentiation

Industries

Consumer Software

Consumer Goods

Company Size

201-500

Company Stage

Growth Equity (Venture Capital)

Total Funding

$614.6M

Headquarters

Long Beach, California

Founded

2014

Overview

Zwift focuses on virtual training for cycling and running, offering an app that turns indoor workouts into engaging experiences. Users can train, compete, and socialize in virtual worlds, making fitness enjoyable for both casual and serious athletes. The app features structured workouts, group rides, and virtual races, catering to a global community of fitness enthusiasts. Zwift operates on a subscription model, allowing new users a 7-day free trial, followed by a monthly fee. Additionally, the company sells training equipment and apparel through its online shop. Zwift's unique blend of exercise and gaming elements sets it apart from competitors, aiming to enhance motivation and enjoyment in indoor fitness.

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Simplify's Take

What believers are saying

  • Integration with wearable tech enhances real-time fitness tracking and training experience.
  • Gamification trend boosts user engagement, making workouts more rewarding and enjoyable.
  • 5G technology improves app connectivity, offering smoother and interactive user experiences.

What critics are saying

  • Emerging fitness platforms with similar features may dilute Zwift's market share.
  • Free or lower-cost apps could pressure Zwift to adjust its pricing strategy.
  • Technological advancements in VR/AR may outpace Zwift's current offerings.

What makes Zwift unique

  • Zwift transforms indoor workouts into immersive, interactive experiences using gaming technology.
  • The platform connects users globally, fostering a social and competitive fitness community.
  • Zwift offers structured workouts and virtual races, catering to both casual and serious athletes.

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Funding

Total Funding

$614.5M

Above

Industry Average

Funded Over

5 Rounds

Growth Equity VC funding comparison data is currently unavailable. We're working to provide this information soon!
Growth Equity VC Funding Comparison
Coming Soon

Benefits

Performance Bonus

Company Equity

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-6%

2 year growth

0%
Escape Collective
Mar 21st, 2025
The UCI's rocky roadmap for cycling esports

The sport took a decisive step down the traditional path in September 2019 when Zwift and the UCI agreed to terms to host the first UCI Cycling Esports World Championships.

Bikerumor
Mar 18th, 2025
Zwift Drop Shop Offers New Halo Bikes Like the Cannondale R4000 Roller Blade

Zwift just rolled out Bike Upgrades in the Drop Shop, giving riders more ways to fine-tune their virtual machines.

Endurance
Nov 20th, 2024
Return of Jarvis Island, as Zwift continues to mark 10-year anniversary

Celebrating its 10th anniversary this year, Zwift has unveiled the latest change to its Watopia virtual world, with the return of the Jarvis Island route.

Endurance Sports Wire
Nov 12th, 2024
JOIN Cycling App Announces Seamless Integration with Zwift Through New Zwift Link API Implementation

JOIN Cycling app announces seamless integration with Zwift through new Zwift Link API implementation.

Road Bike Rider
Oct 9th, 2024
Newsletter Issue No. 1142

Zwift has introduced its new Zwift Racing Score-a ranking system aimed at making virtual racing more competitive, fair, and accessible.

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