Fitness Tracking App Strava Files for IPO

SummaryStrava has reportedly taken the first step toward becoming a public company by submitting a confidential IPO filing, with a potential stock market debut expected as early as spring 2026Following a significant surge in growth during the pandemic, the fitness social network was recently valued at $2.2 billion USD, backed by prominent venture capital firms like Sequoia Capital and TCVThe company aims to leverage the public listing to capitalize on its massive global community and expand its ...