Tech Company Financing Transactions
iFit Funding Round
iFit, operating out of Logan, secured $200 million from Pamplona Capital Management and private investors.
Transaction Overview
Company Name
Announced On
12/16/2019
Transaction Type
Venture Equity
Amount
$200,000,000
Round
Undisclosed
Investors
Pamplona Capital Management (Lead Investor)
Proceeds Purpose
This capital raise will allow iFit to further accelerate its rapidly growing interactive fitness platform in the connected home and club fitness industries.
Company Information
Company Status
Private & Independent
Industry
Consumer
Mailing Address
1500 South 1000 West
Logan, UT 84321
USA
Logan, UT 84321
USA
Phone
Undisclosed
Website
Email Address
Overview
iFit is owned by Icon Health and Fitness - The worlds largest home fitness equipment manufacturer. The world leader in fitness technology, iFit is pioneering the way people interact with exercise equipment and technology.
Management Team
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