Peloton

New York, NY Connected Fitness Public

Peloton Interactive is a connected fitness company that designs and sells internet-connected exercise equipment (stationary bikes, treadmills, rowers, and the Peloton Guide strength device) paired with a subscription service offering live and on-demand instructor-led classes across cycling, running, strength, yoga, and meditation. Founded in 2012 in New York City and listed on NASDAQ in September 2019, the company combines hardware, content, software, and a community platform to deliver studio-style workouts at home.

Public Company

Peloton is publicly traded

IPO'd on Sep 26, 2019

PTON NASDAQ

This company is no longer available on our private secondary market. Shares can be traded publicly under PTON.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2012

Employees

2,300–2,400

Total Funding

$994.8M

7 rounds

Last Private Valuation

$4.15B

Aug 3, 2018

Funding

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Total raised $994.8M across 7 rounds

Last updated 06-25-2026

DateRoundAmount RaisedValuationLead Investors
Aug 3, 2018 Series F TechCrunch $550M $4.15B TCV
May 24, 2017 Series E Fortune $325M $1.25B Wellington Management, Fidelity Investments, Kleiner Perkins, True Ventures
Dec 1, 2015 Series D $75M L Catterton

Valuation Trajectory

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

$1B $2B $5B 2018 Peloton

Entry · Series E

$1.3B

May 2017

Peloton today

$4.2B

Aug 2018 · latest mark

Peloton multiple

3.3x

valuation uplift since first round

Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.

Leadership

  • Peter Stern

    President and CEO

  • Saqib Baig

    Interim CFO and Chief Accounting Officer

  • Charles Kirol

    Chief Operating Officer

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • iFIT (NordicTrack)

    Connected fitness platform powering NordicTrack and ProForm equipment with subscription content and global route training.

  • Tonal

    AI-driven, wall-mounted connected strength training system with digital weights and personalized coaching.

  • Hydrow

    Connected rowing machine with live and on-demand outdoor rowing classes.

  • Lululemon (Mirror)

    Apparel brand whose Mirror connected fitness display competes in at-home interactive workouts.

  • Apple Fitness+

    Apple's subscription fitness service offering instructor-led video workouts integrated with Apple Watch.

  • Echelon Fitness

    Affordable connected fitness equipment maker offering bikes, treadmills, and rowers with subscription classes.

Peloton Investment FAQ

Peloton FAQ

Yes, Peloton is publicly traded under the ticker symbol PTON on the NASDAQ. The company went public in Sep 26, 2019.

Peloton trades under the ticker symbol PTON on the NASDAQ. It began trading in Sep 26, 2019.

Peloton (PTON on the NASDAQ) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker PTON to place an order.

Peloton went public in Sep 26, 2019 via ipo, with an offering valuation of approximately $4.15B. Peloton went public on NASDAQ on September 26, 2019, under the ticker PTON, pricing 40 million shares at $29 to raise approximately $1.16B at an initial valuation of ~$8.1B. The company remains publicly traded.

Peloton raised $994.8M across 7 disclosed funding rounds prior to its public listing.

Peloton is headquartered in New York, NY.

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