Fitbit - About the company
Fitbit is an acquired company based in San Francisco (United States), founded in 2007 by James Park and 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 593 active competitors, including 91 funded and 35 that have exited. Its top competitors include companies like Withings, Whoop and AliveCor.
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 Oct 31, 2019
Investors
Ranked
2nd among 593 active competitors
Annual Revenue
$1.43B as on Dec 31, 2019
Employee Count
1,221 as on Apr 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, Inc. CIN: 1447599 , United States, Active | Aug 28, 2013 | $1.43B (As on Dec 31, 2019) | 1182 (As on Dec 31, 2022) | - |
FITBIT INDIA PRIVATE LIMITED CIN: U74900DL2015FTC282558 , India, Active | Jul 08, 2015 | $5 (As on Mar 31, 2024) | - |
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 19 institutional investors.
Here is the list of recent funding rounds of Fitbit:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 29, 2020 | 2584211 | Grant (prize money) | 3709843 | 7060892 | 2473550 | 6681820 |
May 04, 2017 | 2019165 | Post IPO | 8815204 | 1803040 | 4895987 | 3747633 |
Aug 13, 2013 | 5090938 | Series D | 2878390 | 3747798 |
View details of Fitbit's funding rounds and investors
Fitbit's founders and board of directors
Founder? Claim ProfileHere are the details of Fitbit's key team members:
- James Park: CEO and Co-Founder of Fitbit. They are also an angel investor in 17 startups and serve on the board of 1 company.
- 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, James Park, Eric Friedman, Timothy Roberts, Steve Murray, 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 7m | |
qmkagxp | Independent board member | - | Current | 3y 3m |
bsnmee{ | Independent board member | - | Current | 1y 9m |
ybk{pur | Independent board member | - | Current | 1y 6m |
lz{ingv | Independent board member | - | Current | 2y 3m |
qzvaigz | Independent board member | - | Current | 1y 7m |
tievqjy | Independent board member | - | Current | 7y 8m |
v{ohnch | Independent board member | - | Current | 5y 2m |
ckvtdqq | Independent board member | - | Current | 4y 9m |
ypwyhen | Independent board member | - | Current | 8y 2m |
oacqsgu | Independent board member | - | Current | 9y 8m |
kin{zfs | Independent board member | - | Current | 1y 2m |
View details of Fitbit's Founder profiles and Board Members
Fitbit's employee count trend
Fitbit has 1,221 employees as of Apr 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 AliveCor. 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 | 83/100 | ||
2nd | Fitbit 2007, San Francisco (United States), Acquired | Internet-first brand offering smartwatches and fitness trackers | $65.1M | 78/100 | |
3rd | Whoop 2012, Boston (United States), Series G | Provider of wearable fitness trackers that monitor health and wellness data | $979M | 74/100 | |
4th | AliveCor 2010, Mountain View (United States), Series F | Developer of remote cardiac monitoring solutions and related analysis software | $114M | 73/100 | |
5th | Developer of AI-powered voice interaction and generative AI technologies | $255M | 69/100 | ||
6th | Shot Scope 2014, Edinburgh (United Kingdom), Series B | Provider of wearable devices for golf performance tracking | $23.3M | 67/100 | |
7th | Garmin International 1989, Olathe (United States), Public | Provider of smartwatches, wearable technology, marine equipment, and aviation products | - | 65/100 | |
8th | Zepp Labs 2011, San Jose (United States), Acquired | Developer of wearable devices and digital health management platform solutions | $20M | 65/100 | |
9th | STATSports 2008, Newry (United Kingdom), Acquired | Players performance tracking solution | - | 65/100 | |
10th | Coros 2015, Tustin (United States), Seed | Provider of connected performance tracking devices for athletes | $6.1M | 63/100 |
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:
Filter this list
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
News related to Fitbit
Media has covered Fitbit for a total of 20 events in the last 1 year, 19 of them have been about company updates and 1 about partnerships.
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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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Fitbit's Health Coach Gets New Features and Fewer PaywallsAndroid Police•Mar 31, 2026•Google, Fitbit
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Select Galaxy Devices to Get AirDrop Support via Quick ShareSamMobile•Mar 22, 2026•Samsung, Apple, Google, Tubi and 1 other
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Google Upgrades its AI Health Coach on Fitbit with New FeaturesPhoneArena•Mar 19, 2026•Google, Fitbit
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