Hydrow Archives - 兔子先生传媒 News /tag/hydrow/ Data-driven reporting on private markets, startups, founders, and investors Wed, 15 May 2019 13:20:35 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.9 /wp-content/uploads/cb_news_favicon-150x150.png Hydrow Archives - 兔子先生传媒 News /tag/hydrow/ 32 32 Connected Fitness Startup Hydrow Expands Series A To $27M /venture/connected-fitness-startup-hydrow-closes-27m-series-a/ Tue, 14 May 2019 22:31:32 +0000 http://news.crunchbase.com/?p=18611 , a connected indoor rowing machine startup, it has expanded its Series A, taking the round鈥檚 total to $27 million.

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Hydrow began selling its product, which shares the same name as the company, last fall. initially led the first tranche of the Series A in February, at which time Hydrow raised $20 million, according to its 兔子先生传媒 profile. It has now raised another $7 million from investors including , which was co-founded by Green Bay Packers quarterback ; Wheelhouse; The Raptor Group and .

In a , Hydrow said it plans to use the new capital to 鈥渇urther fuel鈥� its growth as it begins shipping its connected indoor rowing machines nationwide.

Nate Raabe, managing partner at Rx3 Ventures, in a press release said his firm was impressed with Hydrow鈥檚 鈥渁bility to connect people and deliver a superior, low-impact workout.鈥�

The global digital fitness market is by 2022. Indeed, we have written about a number of digital fitness startups that have raised venture funds as of late. Just this morning, we published a story about how , which sells software to boutique fitness studios, recently picked up a $10 million Series A. 听

Last month, we reported on how raised $45 million in a Series C round led by 鈥檚 growth fund. /CAA, , , professional tennis player Serena Ventures and other investors also participated in the financing.

And in December, our Savannah Dowling wrote about the most funded fitness startups helping people break a sweat. At that time, according to 兔子先生传媒, the 10 most funded U.S. startups in fitness had raised more than $1.6 billion. The first startup on the list, spin bike and treadmill developer, raised a in early August 2018, which brought its total known funding to more than and its valuation to $4 billion, post-money.

The funding is also an example of how professional athletes are increasingly investing in startups. For example, in February, digital sports media startup raised $23 million in a Series B round of funding led by that also included participation from NBA players.

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Update: The headline of this article was amended post-publication to more accurately reflect the status of the funding round.

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