A bunch of cycling enthusiasts just helped Peloton Cycle raise $325 million — betting it could be ‘the Apple of fitness’

Peloton, the indoor-fitness company, has raised $325 million from investors including Wellington Management, Fidelity Investments, Kleiner Perkins, and Comcast NBCUniversal. The deal, likely to be the last financing round before the company goes public, was put together by a number of cycling enthusiasts. The company is on a steep-growth curve: It has tripled annual revenue, Continue reading A bunch of cycling enthusiasts just helped Peloton Cycle raise $325 million — betting it could be the Apple of fitness
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