Valuation
$2.2B
2025 Revenue
$500M
Customers
76M
Funding
$151.9M
YOY
47.9%
Avg ACV
$7
Team · 2026
964
Founded
2009
Strava Revenue, Valuation & Funding (2025)
Strava generated $500M in revenue in 2025.
Strava is a privately held company that was founded in 2009 and is headquartered in San Francisco, California. The company offers a social network and fitness tracking service for athletes, primarily focused on cycling and running. Strava's platform allows users to track and analyze their workouts, connect with other athletes, and participate in challenges and events. As of 2021, Strava has over 70 million registered users worldwide and has raised over $100 million in funding from investors.
Last updated
Strava Revenue
In 2025, Strava's revenue reached $500M. The company previously reported $500M in 2025. Since its launch in 2009, Strava has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2025 | Strava Hit $500m revenue in May 2025 | builtinsf.comEstimated |
| 2024 | Strava Hit $338m revenue in December 2024 | Not recorded |
| 2023 | Strava Hit $275m revenue in June 2023 | businessofapps.com |
| 2022 | Strava Hit $110m revenue in July 2022 | Not recorded |
| 2021 | Strava Hit $91m revenue in November 2021 | Not recorded |
| 2020 | Strava Hit $72m revenue in November 2020 | Not recorded |
| 2009 | Launched with $0 revenue |
Strava Valuation, Funding Rounds
Strava reached a $2.2B valuation in 2025, set during its None round.
Strava has raised $151.9M in total funding across 5 rounds, most recently a $12.6M Series B round in 2022.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | None | - | $2.2B | - | Not recorded |
| 2025 | Valuation | - | $2.2B | - | builtinsf.com |
| 2022 | Series B | $12.6M | $1.5B | 1% | Not recorded |
| 2020 | Series F | $110M | $1.5B | 7% | Not recorded |
| 2014 | Series D | $18.5M | - | - | Not recorded |
| 2013 | Series C | $7.3M | - | - | Not recorded |
| 2011 | Series A | $3.5M | - | - | Not recorded |
Founders
Michael Horvath
Cofounder
Michael Horvath is the Co-Founder and CEO of Strava. He earned his degree at Harvard University.
Customers
Strava serves 76M customers.
Strava Employees & Team Size
Strava employs approximately 964 people as of 2026, up from 665 in 2025, including 8 sales reps that carry a quota. It serves 76M customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2026 | Reached 964 employees (May 2026) | press.strava.comEstimated |
| 2025 | Reached 665 employees (November 2025) | Not recorded |
| 2024 | Reached 540 employees (October 2024) | Not recorded |
| 2023 | Reached 484 employees (November 2023) | Not recorded |
| 2022 | Reached 403 employees (November 2022) | Not recorded |
| 2022 | Reached 403 employees (July 2022) | Not recorded |
| 2021 | Reached 397 employees (November 2021) | Not recorded |
| 2020 | Reached 390 employees (November 2020) | Not recorded |
| 2020 | Reached 390 employees (November 2020) | Not recorded |
Frequently Asked Questions about Strava
What is Strava's revenue?
As of 2025, Strava generated $500M in revenue.
Who founded Strava?
Strava was founded by Michael Horvath.
Who is the CEO of Strava?
The CEO of Strava is Michael Martin.
How much funding does Strava have?
Strava raised $151.9M across 5 rounds.
How many employees does Strava have?
As of 2026, Strava had 964 employees.
Where is Strava headquartered?
Strava is headquartered in San Francisco, California, United States.
Compare Strava to the industry
See how Strava ranks against the best Vertical Industry Software companies by revenue and funding.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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