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Strava Eyes 2026 IPO Amid $2.2 Billion Valuation

9/19/2025

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Summary

Story summary

Strava is planning a U.S. initial public offering (IPO) and has contacted investment banks like Goldman Sachs, JPMorgan, and Morgan Stanley.
Valued at $2.2 billion after a May funding round, Strava has over 150 million users across 185 countries.
The IPO may happen as early as 2026, depending on market conditions.
Strava recently appointed a chief financial officer, signaling progress toward the IPO.
The U.S. IPO market raised over $4 billion last week.

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Story summary

Strava is planning a U.S. initial public offering (IPO) and has contacted investment banks like Goldman Sachs, JPMorgan, and Morgan Stanley.
Valued at $2.2 billion after a May funding round, Strava has over 150 million users across 185 countries.
The IPO may happen as early as 2026, depending on market conditions.
Strava recently appointed a chief financial officer, signaling progress toward the IPO.
The U.S. IPO market raised over $4 billion last week.