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Strava’s Valuation Surges to $2.2 Billion Amidst Declining Fitness Startup Investments

Strava, the popular fitness app, has achieved a valuation of $2.2 billion following a new funding round, which included debt financing. This marks a significant increase from its last valuation of $1.5 billion in 2020, providing a substantial boost to the company even as funding for fitness startups wanes.

Crunchbase
Crunchbase