COMPANY PROFILE

Therabody

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Providing effective and natural whole-body wellness solutions to help people feel better and do more of what moves them

Los Angeles, United StatesFounded 2016Wellness Beauty

Headcount 100–500 Current team size

Total funding $100–500M Disclosed equity funding

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About Therabody

In 2008, Dr. Jason Wersland, a chiropractor, faced a personal challenge after a motorcycle accident left him with debilitating pain. Seeking a non-invasive solution, he developed the first prototype of what would become the Theragun, a percussive therapy device designed to alleviate muscle pain.

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Dr. Wersland's invention quickly gained traction among athletes and physical therapists, leading to the founding of Theragun in 2016. The company rebranded as Therabody in 2020, reflecting its broader commitment to wellness technology beyond just the Theragun.

Therabody's journey has been marked by significant milestones, including a major growth equity round in 2022, where the company secured $165 million in funding. This financial boost, led by North Castle Partners, enabled Therabody to expand its product line and solidify its position as a leader in the wellness industry.

Throughout its evolution, Therabody has remained focused on innovation, launching multiple new products that cater to a wide range of wellness needs. The company's commitment to improving health and well-being through technology continues to drive its growth and success in the competitive wellness market.

Source: Dealroom company data