# Zwift

Zwift is a Virtual cycling and running simulation platform based in Long Beach, United States.

## Overview

- **Organization type:** Virtual cycling and running simulation platform
- **Headquarters:** Long Beach, United States
- **Region:** Europe
- **Address:** Long Beach, CA, United States
- **Founded:** 2014
- **Assets under management:** Undisclosed
- **Website:** us.zwift.com
- **LinkedIn:** https://www.linkedin.com/company/zwift

## Regulatory record

- **Reports private funds:** No

## About

Zwift is a software company founded in 2014 in Long Beach, California. It provides a platform for virtual cycling workouts and online group rides.

## Sectors

- Fitness & Wellness
- Digital Health
- Gaming
- Software & SaaS
- Media & Entertainment

## Offices

- Atlanta, GA, United States
- Zurich, Switzerland
- Moscow, Russia

## People

- Eric Min — Co-Founder & CEO
- Jon Mayfield — Co-Founder & COO

## Questions

### 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.

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Last updated: 2026-06-03T20:00:00.000Z

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