American Invest Hub
  • Politics
  • Investing
  • Business
  • Latest News

American Invest Hub

  • Politics
  • Investing
  • Business
  • Latest News
Business

Strava to acquire Runna amid surge in demand for personalized training

by admin April 17, 2025
April 17, 2025
Strava to acquire Runna amid surge in demand for personalized training

Strava, the fitness tracking platform with over 150 million users globally, announced on Thursday that it has entered into a definitive agreement to acquire Runna, a UK-based tech company known for its personalized running training plans and coaching.

The move signals Strava’s growing ambitions in the booming running space and its intent to broaden offerings beyond workout tracking.

The financial terms of the deal were not disclosed, but Strava confirmed the transaction remains subject to customary closing conditions.

Strava taps into rising interest in running

The acquisition comes at a time when global interest in running is surging.

According to Strava’s internal data, nearly one billion runs were logged on the platform in 2024, making running the fastest-growing sport globally.

Notably, Gen Z users have turned to running not just for fitness but as a way to find community and purpose.

“Coming off Strava’s accelerated innovation and unprecedented growth last year, it was the right time to look for complementary businesses that could create even greater value for our users,” said Michael Martin, chief executive officer of Strava.

“Runna’s mission to give every runner a personalized plan to achieve their goal is a perfect fit.”

The company highlighted that 43% of its users are aiming to complete a major race or event in 2025, driving a spike in demand for customized training plans.

Runna to remain independent for now

Runna, founded in 2021 by Dom Maskell and Ben Parker, has grown rapidly, becoming one of the most highly rated running apps across iOS and Android.

Officially launched in 2022, the app is now available in over 180 countries and was a finalist for Apple’s App of the Year in 2024.

Strava plans to keep Runna operating as a separate app for the foreseeable future while investing in its continued growth.

“I have been deeply impressed with Dom, Ben and the Runna team,” said Martin.

“Our plan is to keep the apps separate for the foreseeable future, to invest in growing the Runna team and further accelerate the development of the Runna app,” he said.

Co-founder Dom Maskell expressed enthusiasm about the acquisition. “We are delighted to become part of Strava,” he said.

“We’ve spent many hours with the Strava leadership and are excited to be on the same team.” Co-founder Ben Parker added that the partnership will allow Runna to enhance its services for runners around the world.

Broader commitment to open fitness ecosystem

The deal also aligns with Strava’s efforts to strengthen its developer ecosystem.

Over 100 training apps currently integrate with Strava’s API, and the company emphasized that this acquisition will not alter its commitment to being an open platform for developers.

“Strava is the community for all active people regardless of sport, skill level, location, app or device,” Martin said.

“We’re proud to recognize and invest in an API developer like Runna.”

As Strava continues to build on its position as a hub for active lifestyles, the acquisition of Runna reflects its broader strategy to offer more personalized, goal-driven experiences to its user base.

The post Strava to acquire Runna amid surge in demand for personalized training appeared first on Invezz

0
FacebookTwitterGoogle +Pinterest
previous post
Herbalife stock forms rare triangle pattern pointing to a drop to $5
next post
Japan reports record $63B US trade surplus amid high-stakes tariff talks

Related Posts

Shell profit dips amid lower oil prices, weaker...

July 31, 2025

CAC 40 forecast ahead of Thales, Kering, Hermes...

October 17, 2024

Europe markets open: equities dip as US tariff...

July 22, 2025

Warren Buffett’s Berkshire Hathaway sold nearly half its...

August 6, 2024

US stocks pause after strong week as investors...

February 15, 2025

Europe markets open higher as US tariffs force...

September 26, 2025

Intel CEO Pat Gelsinger’s sudden exit: what’s next...

December 3, 2024

Why did Olive Garden finally partner with Uber?

September 21, 2024

Some experts have raised the odds of a...

August 15, 2024

Lloyds share price forecast ahead of BoE interest...

September 16, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest News

    • Europe bulletin: London stocks rise amid Storm Goretti, French turmoil

      January 11, 2026
    • US midday market brief: S&P 500 rises 0.7% as jobs data lifts sentiment

      January 11, 2026
    • Kansas crop woes fuel wheat rally ahead of USDA winter acreage estimate

      January 11, 2026
    • Evening digest: US job numbers, Iran unrest, OpenAI-SoftBank back AI push

      January 11, 2026
    • India’s economy looks strong with low inflation—but do people feel it

      January 11, 2026

    Categories

    • Business (5,048)
    • Investing (3,204)
    • Latest News (2,150)
    • Politics (1,541)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: americaninvesthub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 americaninvesthub.com | All Rights Reserved