Exclusive-Fitness tracking app Strava looks to hire banks for IPO
Yahoo Finance·2025-09-18 01:43
By Echo Wang and Milana Vinn -Strava, the popular fitness tracking platform, is looking to hire investment banks for its U.S. initial public offering, people familiar with the matter said. The San Francisco-based company, valued at $2.2 billion in a funding round completed in May, has invited banks including Goldman Sachs, JPMorgan and Morgan Stanley to pitch for roles on the IPO, the people said, asking not to be identified because the matter is confidential. That financing round was led by Sequoia Cap ...