Tech Company Financing Transactions

Zwift Funding Round

Zwift, based in Long Beach, raised $120 million in investment from Highland Capital Partners Europe, Causeway Media Partners and Novator Partners.

Transaction Overview

Company Name
Announced On
12/20/2018
Transaction Type
Venture Equity
Amount
$120,000,000
Round
Series B
Investors

Highland Capital Partners Europe (Lead Investor) (Tony Zappala)

Causeway Media Partners (Wyc Grousbeck)

Novator Partners (Birgir Ragnarsson)

True Ventures (Paul Cocker)

Proceeds Purpose
This investment allows Zwift to present an even more advanced offering to a growing audience of cyclists and runners in need of new ways to train and remain active indoors.

Company Information

Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
301 E. Ocean Blvd. 1950
Long Beach, CA 90802
USA
Phone
Undisclosed
Email Address
Overview
Zwift has big ambitions that extend well beyond the hard-core cyclists who've found the company on their own.
Profile
Zwift LinkedIn Company Profile
Social Media
Zwift Company Twitter Account
Company News
Zwift News
Facebook
Zwift on Facebook
YouTube
Zwift on YouTube

Management Team

Title
Name
Email & Social
Co-Founder
Scott Barger
  Scott Barger LinkedIn Profile  Scott Barger Twitter Account  Scott Barger News  Scott Barger on Facebook
Co-Founder
Jon Mayfield
  Jon Mayfield LinkedIn Profile  Jon Mayfield Twitter Account  Jon Mayfield News  Jon Mayfield on Facebook
Co-Founder
Eric Min
  Eric Min LinkedIn Profile  Eric Min Twitter Account  Eric Min News  Eric Min on Facebook
Co-Founder
Alarik Myrin
  Alarik Myrin LinkedIn Profile  Alarik Myrin Twitter Account  Alarik Myrin News  Alarik Myrin on Facebook


 

 

Browse more venture capital transactions:

Prev: 12/20/2018: Neuraptive Therapeutics venture capital transaction
Next: 12/20/2018: Annexon Biosciences venture capital transaction

 

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We report on every notable VC transaction. VC investment data records on this site come from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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