Tech Company Financing Transactions
Strava Funding Round
On 1/12/2011, Strava raised $3.5 million in financing from Sigma Prime Ventures and private investors.
Transaction Overview
Company Name
Announced On
1/12/2011
Transaction Type
Venture Equity
Amount
$3,500,000
Round
Undisclosed
Investors
Sigma Prime Ventures (Lead Investor) (Gregory Gretsch)
Proceeds Purpose
Strava will put funding towards building its stellar team, adding products and services for athletes in sports beyond its current offerings for avid cyclists, and broadening and deepening the Strava Mobs -- the communities of avid athletes using Strava now in 50 U.S. states and 67 countries.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
500 3rd St. 110
San Francisco, CA 94107
USA
San Francisco, CA 94107
USA
Phone
Undisclosed
Website
Email Address
Overview
The company provides an online service that tracks and gives in-depth feedback and analytics for GPS tracked exercise.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mark Gainey
President
Michael Horvath
VP - Bus. Development
David Lorsch
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We report on tech company VC transactions. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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