Friday, August 3, 2018

Peloton raises $550M at a valuation of $4 billion – TechCrunch

Peloton today announced its Series F funding of $550 million. That brings the total amount raised, according to CrunchBase, to $994.7 million. According to the announcement, this round puts Peloton’s valuation at $4 billion — it was just last May the company hit unicorn status. TCV led the round with other participation in the round from Tiger Global, True Ventures, Wellington Management,

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