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Zwift
Zwift is a virtual cycling and running simulation platform based in Long Beach, founded 2014; the Altss profile covers its classification, headquarters,...
Zwift
Zwift is a software company founded in 2014 in Long Beach, California. It provides a platform for virtual cycling workouts and online group rides.
General information
Firm type
Virtual cycling and running simulation platform
Year founded
2014
Location
Region
Europe
Country
United States
City
Long Beach
Corporate office
Long Beach, CA, United States
Additional offices
Atlanta, GA, United States · Zurich, Switzerland · Moscow, Russia
Principals
Eric Min
Co-Founder & CEO
Jon Mayfield
Co-Founder & COO
Sector focus
Frequently asked questions
Who operates Zwift's investment decisions?
Zwift is a private company controlled by its co-founders and major investors like Amazon, True Ventures, and Wipro. The board includes representatives from these firms, with CEO Eric Min holding operational control. No single family office manages capital for Zwift.
How does Zwift generate revenue?
Revenue comes from monthly subscriptions ($14.99) for cycling and running accounts, hardware sales (smart trainers like the Zwift Hub), and in-game monetization including virtual race series and corporate sponsorships. The business model resembles a digital gym membership bundled with equipment.
Is Zwift a venture-backed company?
Yes, Zwift has raised approximately $1.2B in total funding from VCs and corporate investors. The largest rounds were a $450M Series C in 2020 and a $620M total round including prior Series A/B per public filings. Investors include Amazon's Alexa Fund, True Ventures, and Wipro.
What geographies does Zwift operate in?
Zwift's headquarters is in Long Beach, California, with additional offices in Atlanta, Zurich, Switzerland, and Moscow, Russia. Its user base spans 190 countries, with events like the UCI Cycling Esports World Championships having a global reach.
Does Zwift participate in direct investing or fund commitments?
Zwift is not an investment firm; it operates as a business entity that has raised venture capital. It does not manage outside capital or participate in fund structures. The company's capital allocation is limited to R&D, marketing, and hardware development.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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