{"id":279914,"date":"2026-01-11T21:50:19","date_gmt":"2026-01-11T21:50:19","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/279914\/"},"modified":"2026-01-11T21:50:19","modified_gmt":"2026-01-11T21:50:19","slug":"fitness-tracking-app-strava-confidentially-files-for-ipo-information-reports","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/279914\/","title":{"rendered":"Fitness tracking app Strava confidentially files for IPO, Information reports"},"content":{"rendered":"<p>Jan 8 (Reuters) &#8211; Fitness tracking app Strava has confidentially filed for an initial public offering in recent weeks, the Information reported on Thursday, citing people with direct knowledge of the matter.<\/p>\n<p>The San Francisco-based company&#8217;s offering could come as soon as this spring, the report said.<\/p>\n<p data-testid=\"promo-box\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf article-body-module__promo-box__hVl8h\"> Sign up  <a data-testid=\"Link\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/business\/fitness-tracking-app-strava-confidentially-files-ipo-information-reports-2026-01-08\/undefined?location=article-paragraph&amp;redirectUrl=%2Fbusiness%2Ffitness-tracking-app-strava-confidentially-files-ipo-information-reports-2026-01-08%2F\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC\" rel=\"nofollow noopener\" target=\"_blank\">here.<\/a><\/p>\n<p>IPOs are expected to pick up in 2026 as anticipated rate cuts boost investor confidence and risk appetite, while a backlog of companies that delayed listings during a prolonged government shutdown rushes to go public early in the year.<\/p>\n<p>Earlier this week, Brazilian digital bank PicPay <a data-testid=\"Link\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/business\/finance\/digital-bank-picpay-files-us-ipo-2026-01-05\/\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC\" rel=\"nofollow noopener\" target=\"_blank\">filed for an IPO<\/a> in the United States, after scrapping its initial plans in 2021 amid weak market conditions.<a data-testid=\"Link\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/business\/finance\/fitness-tracking-app-strava-looks-hire-banks-ipo-2025-09-17\/\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC\" rel=\"nofollow noopener\" target=\"_blank\">Reuters reported last year<\/a> that Strava was looking to hire investment banks for its U.S. IPO.<\/p>\n<p>The company was valued at $2.2 billion in a funding round completed in May. The financing round was led by Sequoia Capital, along with existing investors such as Jackson Square Ventures, TCV and Go4it Capital Partners, according to PitchBook.<\/p>\n<p>Founded in 2009, the fitness platform blends workout tracking with social networking, allowing users to monitor performance across multiple sports, set goals, share progress and stay motivated. Its popularity surged during the pandemic as fitness enthusiasts embraced features such as giving &#8220;kudos&#8221;, comparing results with friends and measuring themselves against elite athletes.<\/p>\n<p>Strava&#8217;s IPO would provide a potential exit for some of its longtime backers, including Sequoia Capital and TCV, the Information report said.<\/p>\n<p>The company did not immediately respond to a Reuters request for comment.<\/p>\n<p data-testid=\"SignOff\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__extra_small__8Buss body-module__full_width__kCIGb body-module__extra_small_body__Bfz20 sign-off-module__text__LQAMP\">Reporting by Prakhar Srivastava in Bengaluru; Editing by Shilpi Majumdar<\/p>\n<p data-testid=\"Body\" dir=\"ltr\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf article-body-module__element__5eCce article-body-module__trust-badge__5mS3f\">Our Standards: <a data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.thomsonreuters.com\/en\/about-us\/trust-principles.html\" rel=\"noopener nofollow\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__small__sph8i link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76\">The Thomson Reuters Trust Principles., opens new tab<\/a><\/p>\n<p><a href=\"https:\/\/www.reutersagency.com\/en\/licensereuterscontent\/?utm_medium=rcom-article-media&amp;utm_campaign=rcom-rcp-lead\" target=\"_blank\" dir=\"ltr\" class=\"button-module__link__A3sD0 button-module__secondary__70gBu button-module__round__QDFgq button-module__w_auto__Sem-F\" data-testid=\"LicenceContentButton\" rel=\"nofollow noopener\">Purchase Licensing Rights<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Jan 8 (Reuters) &#8211; Fitness tracking app Strava has confidentially filed for an initial public offering in recent&hellip;\n","protected":false},"author":2,"featured_media":279915,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[278],"tags":[82519,82499,82758,36586,84105,82500,82502,82543,82538,82546,82549,82541,141163,82550,82530,82528,82531,82555,82542,82547,82539,82557,96120,82540,82548,82551,18,55396,82520,32356,97937,82503,525,82516,135,19,82766,82767,94731,11092,17,107248,134034,107249,82506,82524,83810,82510,87218,115982,84106,84107,82801,753,30150,107,95608,82518],"class_list":{"0":"post-279914","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-fitness","8":"tag-amers","9":"tag-bact","10":"tag-bisv","11":"tag-biz","12":"tag-blr","13":"tag-cmpny","14":"tag-deal1","15":"tag-destabn","16":"tag-destabx","17":"tag-destbnx","18":"tag-destdnp","19":"tag-deste","20":"tag-destfma","21":"tag-destfun","22":"tag-destocabsm","23":"tag-destoukbsm","24":"tag-destousbsm","25":"tag-destpco","26":"tag-destpcu","27":"tag-destpsc","28":"tag-destrast","29":"tag-destrbn","30":"tag-destreuff","31":"tag-destrnp","32":"tag-destu","33":"tag-destucdptest","34":"tag-eire","35":"tag-emea","36":"tag-europ","37":"tag-fin","38":"tag-fine1","39":"tag-fins","40":"tag-fitness","41":"tag-gb","42":"tag-health","43":"tag-ie","44":"tag-invbis","45":"tag-invm","46":"tag-invm1","47":"tag-ipo","48":"tag-ireland","49":"tag-isu","50":"tag-list1","51":"tag-mevn","52":"tag-mrg","53":"tag-namer","54":"tag-privt","55":"tag-publ","56":"tag-pve","57":"tag-sofapp","58":"tag-sofw","59":"tag-sofw1","60":"tag-swit","61":"tag-tech","62":"tag-tmt","63":"tag-us","64":"tag-vencap","65":"tag-weu"},"share_on_mastodon":{"url":"","error":"Validation failed: Text character limit of 500 exceeded"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/279914","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=279914"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/279914\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/279915"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=279914"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=279914"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=279914"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}