Hey everyone - this morning, Zwift is announcing news to the financial world about our next round of capital investment. We’re very excited to secure this funding so we can continue improving our core products, and develop new ones.
We’ve been through an extraordinary year together as COVID-19 forced everyone indoors, fueled a worldwide cycling boom, and introduced many people to new ways of exercising at home.
It’s easy to forget Zwift is still a young business. Fundraising is an essential part of our growth and allows us to make the investments we need to develop - new people, more servers, more capabilities.
This Series C funding will allow Zwift to accelerate the development of new product features, more roads, more content and new experiences, for a more immersive and easier to use experience.