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Ergatta Rower Valued at $200 Million Just 13 Months After Launching

This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Ergatta was valued at $200 million in a $30 million funding round led by Advance Venture Partners. The company makes a premium rower and gamified software which it sells via subscription. Demand for the rower has boomed during the pandemic. Connected-fitness startup Ergatta has been valued at $200 million. The company told Insider that it had raised $30 million in Series A funding in a round led by Advance Venture Partners (AVP). Greycroft, Fifth Wall, Gaingels, and Hans Tung, a managing partner at GGV, also took part in the funding round.

Peloton Interactive, Inc (NASDAQ:PTON), Zynga Inc (NASDAQ:ZNGA) - Peloton Peer Ergatta Raises $30M At $200M Valuation: Bloomberg

Peloton Interactive, Inc (NASDAQ:PTON), Zynga Inc (NASDAQ:ZNGA) - Peloton Peer Ergatta Raises $30M At $200M Valuation: Bloomberg
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.

Hans Tung Archives - AlleyWatch

AlleyWatch 90% of Americans who exercise regularly say they will continue at-home workouts even after gyms fully reopen. The convenience of rolling out of bed combined with a growing number of options to exercise at home has led consumers to splurge on sophisticated at-home fitness equipment. Ergatta provides an at-home connected rowing machine and subscription service that incorporates interactive gaming elements to provide a full-body workout. From a 17.3-inch interactive screen, rowers can choose a personalized experience based on their goals. The Ergatta Rower, which retails at $1,999 with an additional $29/month subscription fee, satisfies the needs of those who are interested in building a results-driven workout routine that’s competitive without having to participate in classes. AlleyWatch caught up with Cofounder and CEO Tom Aulet to learn more about the experience of launching at the onset of the pandemic, the company’s impressive traction, latest round of funding fro

Ergatta - AlleyWatch

AlleyWatch Ergatta Ergatta is a fitness startup that provides competitive games to deliver full-body workouts through home fitness services. Founded by Alessandra Gotbaum and Tom Aulet in 2019, Ergatta is backed by investors that include Earl Stevens, Techstars, Greycroft, Mark Pincus, and Nat Turner and is headquartered in Brooklyn. INDUSTRY:Fitness, Health Care, Wellness FOUNDERS:Alessandra Gotbaum, Tom Aulet 90% of Americans who exercise regularly say they will continue at-home workouts even after gyms fully reopen. The convenience of rolling out of bed combined with a growing number of options to exercise at home has led consumers to splurge on sophisticated at-home fitness equipment. Ergatta provides an at-home connected rowing machine and subscription service that incorporates interactive gaming elements to provide a full-body workout. From a 17.3-inch interactive screen, rowers can choose a personalized experience based on their goals. The Ergatta Rower, which retails a

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