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Zwift

Consumer Services · Long Beach, United States · Founded 2014

A massive, multiplayer video game technology that caters to the cycling, running and fitness communities MoreLess

Zwift is a dynamic startup that operates in the fitness technology market, specifically focusing on virtual training for cycling and running. The company offers an innovative app that transforms indoor workouts into immersive, interactive experiences. By creating virtual worlds where users can train, compete, and socialize, Zwift aims to make fitness more engaging and enjoyable.

Zwift primarily serves cyclists, runners, and triathletes who seek to enhance their indoor training routines. The app is designed to cater to both casual fitness enthusiasts and serious athletes looking to achieve specific training goals. Users can participate in structured workouts, join social group rides, and compete in virtual races against real athletes from around the globe.

The business model of Zwift is subscription-based. New users can try the app for free with a 7-day trial. After the trial period, the service costs $14.99 per month plus tax. This recurring revenue model ensures a steady income stream for the company. Additionally, Zwift generates revenue through the sale of training equipment, accessories, and apparel via its online shop. This includes items like bike trainers, which are essential for connecting a bike to the app, and other gear to optimize the training experience.

Zwift's market is global, with a community of users from various countries who are passionate about fitness and technology. The app's ability to connect people worldwide and provide a sense of community and competition is a significant draw for its users.

In summary, Zwift is revolutionizing indoor fitness by combining exercise with gaming elements, making workouts more fun and motivating. The company's subscription-based model, coupled with sales of related gear, positions it well for sustained growth in the expanding fitness technology market.

Keywords: virtual training, cycling, running, fitness app, subscription, global community, interactive workouts, indoor exercise, gaming elements, fitness technology.

Valuation $1–2.5B
Revenue $100–500M
Headcount 100–500
Total funding $500M–1B
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Zwift and the history behind them.

Talent graph

Zwift's talent

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Team profiled 46 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

13 investors on Zwift's cap table

Sourced from Dealroom's funding history. Investor profile links are shown where available.

Seed 2 investors entered at this stage
Alarik Myrin
Eric Min
Series A 7 investors entered at this stage
Novator
Shasta Ventures
Max Levchin
B-FLEXION
Highland Europe
Causeway Media Partners
True.
Series B+ 4 investors entered at this stage
Ion Pacific
KKR
Zone 5 Ventures
Permira

Global footprint

Where Zwift has talent and traffic

Workforce by country
15 countries with
team presence
🇺🇸 United States60.8%
🇬🇧 United Kingdom25.5%
🇧🇷 Brazil7.3%
🇦🇺 Australia1.1%
🇵🇹 Portugal0.7%
Top 5 of 15 shown
Web traffic by country
1.3M monthly visits
across markets
🇺🇸 United States17.9%
🇬🇧 United Kingdom12.5%
🇩🇪 Germany8%
🇪🇸 Spain5.7%
🇩🇰 Denmark4.9%
Top 5 markets shown

Patent intelligence

$2M patent portfolio · 14 active families

Estimated portfolio value
$2M
0.23% of valuation · 20.8× smaller than top peer Peloton Interactive ($49M)
14 active patent families
Where Zwift innovates Chain linkClientControl theoryEmbedded systemMultimedia

Where Zwift concentrates vs peers

Each axis is a top-10 topic across Zwift and its closest peers. #1 = 100, #10 = 10, absent = 0.

Compare against

Source: Dealroom Patent Intelligence · Patsnap. Request a demo for the full per-sub-category breakdown, individual records, and quality-score history.

Market sentiment

What the market is saying about Zwift

An AI-synthesized read of the highest-engagement posts about Zwift on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

See Zwift on the full Dealroom platform

Live deal flow, founder pedigree, hiring signals, revenue trajectory, and the full cap table.