• Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
Stock

Strava to acquire Runna amid surge in demand for personalized training

by April 17, 2025
by April 17, 2025

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 comment
0
FacebookTwitterPinterestEmail

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

Morning brief: Crypto market reverses, Coca-Cola names new...

December 11, 2025

Google DeepMind expands UK science push with new...

December 11, 2025

Vietnam bets on rare earth processing: new law...

December 11, 2025

Scottish Mortgage (SMT) share price ripe for a...

December 11, 2025

Crypto ETF demand returns: BTC attracts $224M as...

December 11, 2025

SoftBank shares slide as Oracle’s earnings revive concerns...

December 11, 2025

New India branch marks JPMorgan’s next move in...

December 11, 2025

Nintendo shares fall as global memory squeeze raises...

December 10, 2025

Scale and efficiency drive fresh round of consolidation...

December 10, 2025

From Amazon to Google: Big Tech pours billions...

December 10, 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.

Recent Posts

  • Vietnam bets on rare earth processing: new law curbs exports to bolster domestic industry

    December 11, 2025
  • Crypto ETF demand returns: BTC attracts $224M as ETH, SOL, XRP funds log inflows

    December 11, 2025
  • SoftBank shares slide as Oracle’s earnings revive concerns over AI investment payoffs

    December 11, 2025
  • New India branch marks JPMorgan’s next move in fast-growing market

    December 11, 2025
  • Oracle plunge in premarket after results spark concerns over cloud profitability

    December 11, 2025
  • Dow futures plunge after Oracle’s earnings shock: 5 things to know before Wall Street opens

    December 11, 2025

Editors’ Picks

  • 1

    Pop Mart reports 188% profit surge, plans aggressive global expansion

    March 26, 2025
  • 2

    Meta executives eligible for 200% salary bonus under new pay structure

    February 21, 2025
  • 3

    New FBI leader Kash Patel tapped to run ATF as acting director

    February 23, 2025
  • 4

    Walmart earnings preview: What to expect before Thursday’s opening bell

    February 20, 2025
  • 5

    Anthropic’s newly released Claude 3.7 Sonnet can ‘think’ as long as the user wants before giving an answer

    February 25, 2025
  • 6

    Cramer reveals a sub-sector of technology that can withstand Trump tariffs

    March 1, 2025
  • 7

    Nvidia’s investment in SoundHound wasn’t all that significant after all

    March 1, 2025

Categories

  • Economy (3,474)
  • Editor's Pick (359)
  • Investing (235)
  • Stock (2,357)
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Read alsox

How tech giants are transforming old European...

August 5, 2025

Asia-Pacific markets mixed as Japan inflation data,...

February 21, 2025

Europe markets open: FTSE 100 slips 0.4%...

September 25, 2025