E-Tools

Conversation: Strava eyes IPO as Gen Z trades dating apps for running clubs Crunch

A: Hey there! Got any scoop on the latest tech news?

B: Not really, what's up?

A: Strava, remember that fitness app we use? They're planning to go public!

B: No way! When did they decide that?

A: Well, according to Financial Times, their CEO said "at some point". They want more money for acquisitions.

B: Cool! So, how much are they worth now?

A: Last valued at $2.2 billion in May! And guess what? Their user base has almost doubled compared to their closest competitor.

B: That's impressive! What's their secret?

A: Turning workouts into social currency with "kudos" and split comparisons, seems like it's working out for them!

B: That sounds pretty clever. Any idea about their revenue?

A: Sensor Tower estimates consumers spent over $180 million on its subscription tier through September, but Strava says that underestimates actual revenue. They also earn from sponsored challenges and brand partnerships.

B: Wow, looks like they're doing great!

A: Definitely! And here's something more interesting - applications for the 2026 London Marathon jumped 31% this year to 1.1 million people. Seems like running is becoming a popular way to socialize and find support networks, even romance!

B: That's awesome! Let's keep an eye on Strava's journey then. Cheers to their success!
Summary
Strava, a fitness app, is planning to go public with a valuation of $2.2 billion. Their user base has nearly doubled compared to their closest competitor. The company's success can be attributed to turning workouts into social currency via "kudos" and split comparisons. Consumers have spent over
Statistics

211

Words

1

Read Count
Details

ID: 537acf84-a6e5-412d-987b-c80993afe29c

Category ID: conversation_summary

URL: https://techcrunch.com/2025/10/12/strava-eyes-ipo-as-gen-z-trades-dating-apps-for-running-clubs/#conversation

Date: Oct. 13, 2025

Notes: 2025-10-13

Created: 2025/10/13 14:20

Updated: 2025/12/08 00:32

Last Read: 2025/10/13 14:23