Tech Company Financing Transactions

Peloton Interactive Funding Round

On 12/2/2015, Peloton Interactive announced $75 million in financing from L Catterton Partners.

Transaction Overview

Announced On
12/2/2015
Transaction Type
Venture Equity
Amount
$75,000,000
Round
Undisclosed
Investors

L Catterton Partners (Marc Magliacano)

Proceeds Purpose
Catterton's investment will allow Peloton to accelerate innovation in the at-home fitness category and rapidly expand awareness and market share.

Company Information

Company Status
Publicly-held
Industry
Consumer
Mailing Address
125 W 25th St. 11th Floor
New York, NY 10001
USA
Email Address
Overview
Peloton (Nasdaq: PTON) is changing the way people workout at home with our designer indoor cycle and first-in-class, interactive live and on-demand classes. Instructors will teach at Peloton's flagship NYC studio to a full roster of riders.
Profile
Peloton Interactive LinkedIn Company Profile
Social Media
Peloton Interactive Company Twitter Account
Company News
Peloton Interactive News
Facebook
Peloton Interactive on Facebook
YouTube
Peloton Interactive on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
John Foley
  John Foley LinkedIn Profile  John Foley Twitter Account  John Foley News  John Foley on Facebook
Chief Operating Officer
Thomas Cortese
  Thomas Cortese LinkedIn Profile  Thomas Cortese Twitter Account  Thomas Cortese News  Thomas Cortese on Facebook
Chief Technical Officer
Yony Feng
  Yony Feng LinkedIn Profile  Yony Feng Twitter Account  Yony Feng News  Yony Feng on Facebook
VP - General Counsel
Hisao Kushi
  Hisao Kushi LinkedIn Profile  Hisao Kushi Twitter Account  Hisao Kushi News  Hisao Kushi on Facebook
VP - Human Resources
Amy Stoldt
  Amy Stoldt LinkedIn Profile  Amy Stoldt Twitter Account  Amy Stoldt News  Amy Stoldt on Facebook
VP - Marketing
Johnny Jiang
  Johnny Jiang LinkedIn Profile  Johnny Jiang Twitter Account  Johnny Jiang News  Johnny Jiang on Facebook
VP - Operations
Ben Holstein
  Ben Holstein LinkedIn Profile  Ben Holstein Twitter Account  Ben Holstein News  Ben Holstein on Facebook
VP - Sales
Timothy Shannehan
  Timothy Shannehan LinkedIn Profile  Timothy Shannehan Twitter Account  Timothy Shannehan News  Timothy Shannehan on Facebook


 

 

Browse more venture capital transactions:

Prev: 12/2/2015: Netsertive venture capital transaction
Next: 12/2/2015: Cognitive Systems venture capital transaction

 

Share this article

 


About Our VC Transactions Data

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

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary