Posted by Alumni from Crunchbase
March 27, 2024
Over the past four years, as the pandemic boom in home workouts slowly gave way to a return to the gym, investors in fitness companies can attest. Valuations for both public and private companies have declined, investment is down, and fitness-related consumer spending remains tough to forecast. Changing circumstances are reflected in startup funding. In 2023, global seed through growth-stage funding reported in the Crunchbase fitness category hit the lowest point in years. This year is off to a sluggish start as well, as evidenced in the chart below. !function(e,n,i,s){var d="InfogramEmbeds";var o=e.getElementsByTagName(n)[0];if(window[d]&&window[d].initialized)window[d].process&&window[d].process();else if(!e.getElementById(i)){var r=e.createElement(n);r.async=1,r.id=i,r.src=s,o.parentNode.insertBefore(r,o)}}(document,"script","infogram-async","https://e.infogram.com/js/dist/embed-loader-min.js"); Of course, some deals are still getting done. Last week, for... learn more