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ZWIFT
Zwift
Fitness / Gaming · Long Beach, California · United States · Founded · 2014 · ≈ · 510 · employees

Zwift Funding History: Rounds, Investors & Valuation

Private

Zwift has raised $614.5M across 8 funding rounds.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Zwift funding · at a glance
Total raised, all rounds
$614.5M
some round sizes not disclosed
Funding rounds
8
priced rounds
Latest round
Sep 2020
Sep 2020
Lead on that event
KKR
lead investor
2020
About Zwift

Zwift raised $120 million in Series B funding from Highland Europe in December 2018, and in September 2020 KKR made a $450 million minority investment in the company.

Funding timeline

The Zwift funding timeline

8 funding rounds, the latest highlighted.

2014
Zwift founded

Zwift was founded in 2014, United States.

JAN 2014
Seed

A primary round — the company sells new shares to investors it selects. $350K raised.

Valuation basisAmount$350KPrice / shareLead
SEP 2014
Angel

A primary round — the company sells new shares to investors it selects. $7M raised.

Valuation basisAmount$7MPrice / shareLead
JAN 2016
Angel

A primary round — the company sells new shares to investors it selects. $10M raised, led by COLOPL.

Valuation basisAmount$10MPrice / shareLeadCOLOPL
NOV 2016
Series A

Shasta Ventures, Max Levchin, Waypoint Capital, Samchuly participated. $27.1M raised, led by Novator Partners.

Valuation basisAmount$27.1MPrice / shareLeadNovator Partners
JAN 2018
Secondary sale

Existing holders selling; buyers approved by the company. Led by Ion Pacific.

Valuation basisAmountPrice / shareLeadIon Pacific
DEC 2018
Series B

A primary round — the company sells new shares to investors it selects. $120M raised, led by Highland Europe.

Valuation basisAmount$120MPrice / shareLeadHighland Europe
APR 2019
Secondary sale

Existing holders selling; buyers approved by the company. Led by Ion Pacific.

Valuation basisAmountPrice / shareLeadIon Pacific
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

Zwift funding rounds in full

8 dated rounds, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Minority Investment LATEST
Sep 2020
$450M
—
—
KKR
—
Secondary sale
Apr 2019
—
—
—
Ion Pacific
—
Series B
Dec 2018
$120M
—
—
Highland Europe
—
Secondary sale
Jan 2018
—
—
—
Ion Pacific
—
Series A
Nov 2016
$27.1M
—
—
Novator Partners
Shasta Ventures, Max Levchin, Waypoint Capital, Samchuly participated
Angel
Jan 2016
$10M
—
—
COLOPL
—
Angel
Sep 2014
$7M
—
—
—
—
Seed
Jan 2014
$350K
—
—
—
—
Zwift · investors

Investors

KKRLEADIIon PacificLEADHighland EuropeLEADNNovator PartnersLEADCCOLOPLLEAD

Frequently asked questions

How can I get exposure to Zwift?›

The routes section explains what is realistically available for a company at this stage.

Is Zwift publicly traded?›

No. Zwift is a private company; its shares do not trade on a public exchange.

Who has invested in Zwift?›

Lead investors for each round are in the funding timeline.

Who are Zwift's competitors?›

The closest fitness / gaming peers are on the competitors page.

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