Fitbit - About the company
Fitbit is an acquired company based in San Francisco (United States), founded in 2007 by Eric Friedman. It operates as an Internet-first brand offering smartwatches and fitness trackers. Fitbit has raised $65.1M in funding from investors like Felicis Ventures, SoftBank Capital and Foundry, with last known valuation of $*****. The company has 598 active competitors, including 91 funded and 32 that have exited. Its top competitors include companies like Withings, Whoop and Zepp Labs.
Company Details
Internet-first brand offering smartwatches and fitness trackers. The company claims that the devices can be used to track day-long activities like exercise, sleep, and weight. The platform also allows users to take a quiz to get personalized recommendations for products. The application is available on both iOS and Android platforms.
- Website
- fitbit.com
- Email ID
- *****@fitbit.com
Key Metrics
Founded Year
2007
Location
San Francisco, United States
Stage
Acquired
Total Funding
$65.1M in 6 rounds
Latest Funding Round
Last Known Valuation
$***** as on Jun 29, 2020
Investors
Ranked
3rd among 598 active competitors
Annual Revenue
$1B+ as on Dec 31, 2019
Employee Count
1,297 as on Sep 30, 2026
Investment & Acquisitions
Exit Details
Acquired by Google (Oct 31, 2019)
Legal entities associated with Fitbit
Fitbit is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Fitbit, Inc CIN: 20-8920744 , United States, Active | Dec 31, 2008 | - | 1134 (As on Dec 31, 2020) | - |
FITBIT INDIA PRIVATE LIMITED CIN: U74900DL2015FTC282558 , India, Active | Jul 08, 2015 | 0 - ₹10 Cr (As on Mar 31, 2024) | - | |
Fitbit, Inc. CIN: 1447599 , United States, Active | Aug 28, 2013 | $1B+ (As on Dec 31, 2019) | 1182 (As on Dec 31, 2022) | - |
Fitbit's acquisition details
Click here to take a look at Fitbit's acquisition in detail
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Fitbit's funding and investors
Fitbit has raised a total funding of $65.1M over 6 rounds. Its first funding round was on Oct 10, 2008. Fitbit has 20 institutional investors.
Here is the list of recent funding rounds of Fitbit:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 29, 2020 | 2860001 | Grant (prize money) | 4561758 | 3198600 | 8026252 | 2932488 |
May 04, 2017 | 9182226 | Post IPO | 2699710 | 1186247 | 2781294 | 9280943 |
Aug 13, 2013 | 6417359 | Series D | 7636351 | 3337016 |
View details of Fitbit's funding rounds and investors
Fitbit's founders and board of directors
Founder? Claim ProfileThe founders of Fitbit is Eric Friedman. Bharat Modha is the CEO of Fitbit.
Here are the details of Fitbit's key team members:
- Eric Friedman: Former Co-Founder & CTO of Fitbit and founder of 1 other company. They serve on the board of 1 company.Contact Info: 1 email address
Fitbit's Board of Directors
Fitbit's board has 12 active members. Brad Feld, Jon Callaghan, Eric Friedman, Timothy Roberts, Steve Murray, James Park, Jonathan Callaghan, Hansgregory Hartmann, William Zerella, Christopher Paisley, Andy Missan and Edward Scal are independent board members.Here is the list of Fitbit's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 15y 11m | |
abjugpz | Independent board member | - | Current | 1y 3m |
vmhsdrw | Independent board member | - | Current | 8y 4m |
ewdqsin | Independent board member | - | Current | 3y 2m |
talhlvm | Independent board member | - | Current | 5y 3m |
tk{pr{h | Independent board member | - | Current | 2y 2m |
gadqmsx | Independent board member | - | Current | 1y 7m |
rmmmpjz | Independent board member | - | Current | 9y 9m |
jnhznuw | Independent board member | - | Current | 9y 9m |
ptlboya | Independent board member | - | Current | 4y 8m |
spwrmij | Independent board member | - | Current | 2y 9m |
mwdvkvz | Independent board member | - | Current | 8y 7m |
View details of Fitbit's Founder profiles and Board Members
Fitbit's employee count trend
Fitbit has 1,297 employees as of Sep 26. Here is Fitbit's employee count trend over the years:
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Fitbit's Competitors and alternates
Top competitors of Fitbit include Withings, Whoop and Zepp Labs. Here is the list of Top 10 competitors of Fitbit, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Developer of an array of connected products | $93.8M | 82/100 | ||
2nd | Whoop 2012, Boston (United States), Series G | Provider of wearable trackers to monitor fitness data | $979M | 78/100 | |
3rd | Fitbit 2007, San Francisco (United States), Acquired | Internet-first brand offering smartwatches and fitness trackers | $65.1M | 79/100 | |
4th | Zepp Labs 2011, San Jose (United States), Acquired | Developer of wearable devices and digital health management platform solutions | $20M | 75/100 | |
5th | AliveCor 2010, Mountain View (United States), Series F | Developer of remote cardiac monitoring solutions and related analysis software | $114M | 74/100 | |
6th | Developer of AI-powered voice interaction and generative AI technologies | $255M | 69/100 | ||
7th | Shot Scope 2014, Edinburgh (United Kingdom), Series B | Provider of wearable devices for golf performance tracking | $23.3M | 67/100 | |
8th | Garmin International 1989, Olathe (United States), Public | Provider of smartwatches, wearable technology, marine equipment, and aviation products | - | 65/100 | |
9th | Coros 2015, Tustin (United States), Seed | Provider of connected performance tracking devices for athletes | $6.1M | 63/100 | |
10th | Misfit Wearables 2011, Burlingame (United States), Acquired | Provider of wearable devices | $63M | 61/100 |
Looking for more details on Fitbit's competitors? Click here to see the top ones
Fitbit's Investments and acquisitions
Fitbit has made 1 investments in companies including Sano Intelligence. Fitbit has also acquired 6 companies including Twine Health and VECTOR TECHNOLOGIES.Here is the list of investments & acquisitions:
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Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Feb 13, 2018 | Acquisition | 2013 | Cambridge (United States) | |
Jan 12, 2018 | Investments | 2011 | San Francisco (United States) | |
Jan 10, 2017 | Acquisition | 1988 | Gdynia (Poland) |
See all acquisitions by Fitbit
Reports related to Fitbit
Here is the latest report on Fitbit's sector:
News related to Fitbit
Media has covered Fitbit for a total of 26 events in the last 1 year, 24 of them have been about company updates and 1 about partnerships.
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Fitbit Edge Tracker Teased by Google for October 12 LaunchAndroid Police•Oct 10, 2026•Fitbit, Google
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Google Pixel Watch's Health Guardian to Monitor Blood Pressure and Insulin ResistanceEngadget•Aug 12, 2026•Fitbit, Google
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Google Fitbit Air Reinvents the Fitness Tracker With a Smarter AI Health CoachiTech Post•Jul 07, 2026•Fitbit
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Google invests in AI research at newly independent Eve Online developerNotebookcheck Publishing GmbH•May 08, 2026•Google, Fitbit
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Fitbit App Gets Major Update With Fitness Plans, Coaching Chat, and Sleep InsightsGizmochina•Apr 25, 2026•Fitbit
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Steph Curry Teases New Google Wearable That Looks Like a Whoop BandPCMag•Apr 01, 2026•Google, Fitbit
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