When was Echelon founded?

Echelon was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Where is Echelon located?

Echelon is headquartered in Chattanooga, United States.

Who is the current CEO of Echelon?

Lou Lentine of Echelon. They have also founded 1 company.

How many employees does Echelon have?

As of Mar 31, 2026, the latest employee count at Echelon is 241.

Is Echelon a funded company?

Echelon is a funded company, having raised a total of $65M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 11, 2019.

How much is Echelon worth?

The latest valuation of Echelon is $***** as of Jul 11, 2019.

When was the latest funding round of Echelon?

Echelon's latest funding was a $***** Series A round on Apr 28, 2021, with participation from 3 investors.

Where does Echelon rank among its competitors?

Echelon ranks 3rd amongst 28 active competitors, of which 5 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Technogym, which secured $57.4K in Mar, 2024.

Who are the top competitors of Echelon?

Echelon's top competitors include Peloton, Wahoo Fitness and Technogym. Among them, Technogym secured the most recent funding round in March, 2024.

Echelon - 2026 Company Profile, Team, Funding, Competitors & Financials

Echelon is a series A company based in Chattanooga (United States), founded in 2017 by Lou Lentine. It operates as a Provider of smart indoor exercise bike with live training classes. Echelon has raised $65M in funding from investors like Goldman Sachs, North Castle Partners and United Talent Agency, with a current valuation of $*****. The company has 28 active competitors, including 5 funded and 4 that have exited. Its top competitors include companies like Peloton, Wahoo Fitness and Technogym.

Company Details

Echelon Fitness offers smart indoor exercise bike with live training classes. The company has developed the Connect EX1 bike and the Echelon Fit app. The smart bike connects to monitoring devices to track the speed, calories, heart rate, and other parameters. The app is used to access live bike classes or on-demand training classes for scenic rides, yoga, stretching, etc. The user can select the classes or the trainer based on the type of training.

Website: echelonfit.com
Social
Email ID: *****@echelonfit.com
Phone Number: +1 **********

Key Metrics

Founded Year

2017

Location

Chattanooga, United States

Stage

Series A

Total Funding

$65M in 3 rounds

Latest Funding Round

Series A, Apr 28, 2021, $*****

Post Money Valuation

$***** as on Jul 11, 2019

Investors

Goldman Sachs & 3 more

Ranked

3^rd among 28 active competitors

Employee Count

241 as on Mar 31, 2026

Investment & Acquisitions

ThriveX

Similar Companies

Peloton & 38 more

View Echelon's full profile

Echelon is associated with 6 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ECHELON FITNESS MULTIMEDIA LLC CIN: 673161 , United States, Active	Jun 09, 2021	-	-	-
ECHELON FITNESS MULTIMEDIA, LLC CIN: 841761928 , United States, Active	Dec 31, 1999	-	112 (As on Dec 31, 2024)	-
ECHELON FITNESS MULTIMEDIA LLC CIN: 183374991 , United States, Active	Jun 09, 2021	-	-	-
Echelon Fit CIN: 889069001 , France, Deadpooled	Sep 18, 2020	-	-	-
ECHELON INTERNATIONAL LLC CIN: 32059634199 , United States, Active	Feb 17, 2016	-	-	-
ECHELON FITNESS UK LIMITED CIN: 11694932 , United Kingdom, Active	Nov 22, 2018	-	11 (As on Dec 31, 2024)

Echelon has raised a total funding of $65M over 3 rounds. Its first funding round was on Jul 11, 2019. Its latest funding round was a Series A round on Apr 28, 2021 for $*****. 3 investors participated in its latest round. Echelon has 4 institutional investors.

Here is the list of recent funding rounds of Echelon:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 28, 2021	5404113	Series A	3536218	8201215	7803158	5446632
Dec 28, 2020	8492796	Series A	1770515	4500443	4096493	North Castle Partners
Jul 11, 2019	7599124	Seed	1127866	5749599	North Castle Partners	4369474

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View details of Echelon's funding rounds and investors

The founders of Echelon is Lou Lentine. Lou Lentine is the CEO of Echelon.

Here are the details of Echelon's key team members:

Lou Lentine: Founder & CEO of Echelon.
Contact Info: 1 email address

View details of Echelon's Founder profiles and Board Members

Echelon's employee count trend

Echelon has 241 employees as of Mar 26. Here is Echelon's employee count trend over the years:

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Top competitors of Echelon include Peloton, Wahoo Fitness and Technogym. Here is the list of Top 10 competitors of Echelon, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Peloton 2011, New York City (United States), Public	Provider of smart fitness training equipment and training platforms	$996M	Tiger Global Management, TCV & 39 others	84/100
2nd	Wahoo Fitness 2010, Atlanta (United States), Series A	Online platform offering fitness equipment	$950K	Norwest Equity Partners, Rhone Group	73/100
3rd	Echelon 2017, Chattanooga (United States), Series A	Provider of smart indoor exercise bike with live training classes	$65M	Schechter, Goldman Sachs & 2 others	67/100
4th	Technogym 1983, Germany, Public	Provider of cloud-based smart gym equipment and software	-	Arenja Holdings, Ministerstvo Hospodárstva Slovenskej Republiky ... & 1 others	64/100
5th	NordicTrack 1975, Logan (United States), Unfunded	Home and Exercise Equipment by NordicTrack - Treadmills and Ellipticals \| NordicTrack	-	-	48/100
6th	Volava 2017, Barcelona (Spain), Acquired	Provider of cycles for indoor training	$4.15M	Inveready, Wayra & 1 others	41/100
7th	Schwinn Fitness 1997, Bengaluru (India), Acquired	Developer of smart cycling bikes	-	-	40/100
8th	Mobisport 2014, Shanghai (China), Series B	Gym management software and smart hardware devices	$10M	IDG Capital, Joy Capital & 2 others	36/100
9th	Interactive Fitness 2003, Sunnyvale (United States), Acqui-Hired	Cardio gaming company making fitness fun with embodied health products	$41.3M	Enterprise Partners Venture Capital, SVB & 2 others	33/100
10th	Gym Warehouse 2021, Abbenes (Netherlands), Unfunded	Online shop for fitness equipment	-	-	26/100