When was Zwift founded?

Zwift was founded in 2014 and became a unicorn in 2020, reaching the milestone in 6 years. It raised its 1st funding round 2 years after its incorporation.

Where is Zwift located?

Zwift is headquartered in Long Beach, United States.

Who is the current CEO of Zwift?

Eric Min of Zwift. They have also founded 1 company and are angel investors in 2 startups.

How many employees does Zwift have?

As of Apr 30, 2026, the latest employee count at Zwift is 378.

Is Zwift a funded company?

Zwift is a funded company, having raised a total of $620M across 4 funding rounds to date. The company's 1st funding round was raised for an undisclosed amount in a Seed round on Mar 02, 2016.

How much is Zwift worth?

The latest valuation of Zwift is $1B as of Sep 16, 2020.

When was the latest funding round of Zwift?

Zwift's latest funding was a $450M Series C round on Sep 16, 2020, with participation from 10 investors. Its primary sector is Fitness & Wellness Tech. In United States, the Fitness & Wellness Tech sector has seen $939M in funding in 2026 to date.

Is Zwift a Fitness & Wellness Tech company?

The primary sectors of Zwift are Fitness & Wellness Tech and Sports Tech.

Where does Zwift rank among its competitors?

Zwift ranks 1st amongst 121 active competitors, of which 9 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Digital Darwin, which secured $178K in Oct, 2023.

Who are the top competitors of Zwift?

Zwift's top competitors include Rouvy, Nex and Bkool. Among them, Digital Darwin secured the most recent funding round in October, 2023.

Zwift - 2026 Company Profile, Team, Funding & Competitors

Zwift is a series C company based in Long Beach (United States), founded in 2014 by Scott Barger, Eric Min, Alarik Myrin and Jon Mayfield. It operates as a Developer of an online platform for indoor cycling and running. Zwift has raised $620M in funding from investors like KKR, COLOPL and Highland Europe, with a current valuation of $1B. The company has 121 active competitors, including 9 funded and 3 that have exited. Its top competitors include companies like Rouvy, Nex and Bkool.

Sectors and market segments that Zwift operate in

Zwift serves in the HealthTech market segments.The primary business model of Zwift is:

HealthTech > Fitness & Wellness Tech > ***** **** > ***** ******

Company Details

Developer of an online platform for indoor cycling and running. The platform provides structured workouts, virtual routes, and training plans. It offers group rides and races for various skill levels. The platform allows users to unlock levels and in-game rewards. It also provides how-to videos, support, and community forums.

Website: www.zwift.com/
Social
Email ID: *****@zwift.com

Key Metrics

Founded Year

2014

Location

Long Beach, United States

Stage

Series C

Total Funding

$620M in 4 rounds

Latest Funding Round

Series C, Sep 16, 2020, $450M

Post Money Valuation

$1B as on Sep 16, 2020

Investors

KKR & 21 more

Ranked

1^st among 121 active competitors

Employee Count

378 as on Apr 30, 2026

Investment & Acquisitions

Rouvy & 1 more

Similar Companies

Rouvy & 140 more

View Zwift's full profile

Zwift is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Zwift UK Limited CIN: 4281821 , Belgium, Active	Sep 04, 2001	-	90 (As on Dec 31, 2024)	-

Zwift has raised a total funding of $620M over 4 rounds. Its first funding round was on Mar 02, 2016. Its latest funding round was a Series C round on Sep 16, 2020 for $450M. 10 investors participated in its latest round. Zwift has 21 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Zwift:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 16, 2020	$450M	Series C	$1B	-	KKR	Highland Europe, Novator Partners, True Global, Zone 5 Ventures, Alexa Fund, Bryant Stibel, Causeway, Permira, Ilkka Paananen
Dec 19, 2018	$120M	Series B	-	-	Highland Europe	Novator Partners, True Global, Causeway
Nov 16, 2016	$27M	Series A	-	-	Novator Partners	Samchuly, Shasta Ventures, B-FLEXION

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View details of Zwift's funding rounds and investors

The founders of Zwift are Scott Barger, Eric Min, Alarik Myrin and Jon Mayfield. Eric Min is the CEO of Zwift.

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

Scott Barger: Former Co-Founder of Zwift. They are also an angel investor in 1 startup.
Eric Min: Co-Founder, CEO and Chairman of Zwift. They are also an angel investor in 2 startups and serve on the board of 1 company.
Alarik Myrin: Co-Founder of Zwift. They serve on the board of 1 company.
Jon Mayfield: Co-Founder & Head Of Product of Zwift.

Zwift's Board of Directors

Zwift's board has 2 active members. Eric Min and Alarik Myrin are part of team.

Here is the list of Zwift's board of directors:

Name	Type	Representing	Status	Duration
Eric Min	Team	-	Current	24y 6m
Alarik Myrin	Team	-	Current	24y 6m
Thurstan Roger Ralph Bannister	Independent board member	-	Past	6y 7m

View details of Zwift's Founder profiles and Board Members

Zwift's employee count trend

Zwift has 378 employees as of Apr 26. Here is Zwift's employee count trend over the years:

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Top competitors of Zwift include Rouvy, Nex and Bkool. Here is the list of Top 10 competitors of Zwift, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Zwift 2014, Long Beach (United States), Series C	Developer of an online platform for indoor cycling and running	$620M	Shasta Ventures, Inovia Capital & 20 others	72/100
2nd	Rouvy 2016, Strakonice (Czech Republic), Acquired	Developer of an application for virtual indoor cycling and training	$6M	Pale Fire Capital	63/100
3rd	Nex 2017, San Jose (United States), Series B	Provider of game-based fitness training solutions for the consumers	$40M	Blue Pool Capital, HBSE Ventures & 17 others	57/100
4th	Bkool 2009, Las Rozas de Madrid (Spain), Acquired	Interactive bicycle trainer and cycling simulator	-	-	50/100
5th	paceUP 2016, Sigtuna (Sweden), Unfunded	Mobile-based application for employee fitness management	-	-	44/100
6th	Digital Darwin 2021, Delhi (India), Seed	AI-powered tools for health, sports, and physical wellness	$215K	Spring Star Capital, IIMA & 22 others	43/100
7th	Tension Board 2022, United States, Unfunded	Provider of a climbing and training app for the Tension Board	-	-	42/100
8th	Trion 2020, Bromma (Sweden), Unfunded	Provider of an AI-based gamified app to provide personalised coaching	-	-	41/100
9th	Zario 2021, Zurich (Switzerland), Funding Raised	Mobile app offering gamification-based fitness training programs	-	MassChallenge, Venture Kick & 1 others	41/100
10th	RGT Cycling 2019, Bucharest (Romania), Acquired	VR based app connected with a cycling bike	-	Techcelerator	41/100