Wahoo Fitness
| Company type | Private company |
|---|---|
| Industry | Technology |
| Founded | Atlanta, U.S. (2009) |
| Founder | Chip Hawkins |
| Headquarters | Atlanta ,United States |
Area served | Worldwide |
| Products | Bicycle trainer, Heart rate monitor, Cycling computer, Cycling sensor |
Number of employees | 200-300 (2021) |
| Website | https://www.wahoofitness.com |
Wahoo Fitness is a fitness technology company based in Atlanta.[1] Its CEO is Gareth Joyce.[2] Founded in 2009 by Chip Hawkins, Wahoo Fitness has offices in London, Berlin, Tokyo, Boulder and Brisbane.[3]
Wahoo's portfolio of cycling industry products includes the KICKR family of Indoor Cycling Trainers and Accessories, the ELEMNT family of GPS Cycling Computers and sport watches, the TICKR family of Heart Rate Monitors, SPEEDPLAY Advanced Road Pedal systems and the Wahoo SYSTM Training App.
History
- September 2019 – Pedal manufacturer, Speedplay[4]
- July 2019 – Indoor training platform, The Sufferfest, later rebranded to Wahoo SYSTM[5]
- April 2022 – Indoor training platform, RGT (Road Grand Tour) later rebranded to Wahoo RGT[6]
In 2022, Wahoo accused Zwift of infringing on its copyright when the latter launched the Hub bike trainer. The trainer was manufactured by Jet Black. Wahoo filed a patent infringement lawsuit against Zwift and Jet Black. After a year-long battle in the court, Wahoo and Zwift announced that they had reached an amicable agreement.[7]
Funding and investment
- 2010 – Private Investment
- July 2018 – Norwest Equity Partners[8]
- Q3 2021 – Rhône Group[9]
- May 17, 2023 – Wahoo announces Wahoo Fitness Founder Buys Company Back from Banks
Team sponsorship
Wahoo is an official sponsor for:[10]
Women's cycling teams
- EF Education–Tibco–SVB
- Le Col–Wahoo
- Team DSM
- Trek–Segafredo
- Ceratizit-WNT
- Arkéa
- Bingoal Casino-Chevalmeire
- Rally Cycling
- Twenty24
Men's cycling teams
- EF Education–EasyPost
- Bora-Hansgrohe
- Alpecin–Fenix
- Hagens Berman Axeon
- Deceuninck–Quick-Step
- AG2R Citroën
- Team DSM
- Trek–Segafredo
- Cofidis
- Arkéa–Samsic
- Novo Nordisk
- Rally Cycling
- WiV SunGod
- Maloja Pushbikers
- Ribble Weldtite
- P&S Metalltechnik
- Trinity Racing
- Tirol KTM
References
- ^ "Behind the Scenes at Wahoo Fitness HQ". DC Rainmaker. 13 August 2014. Retrieved 16 September 2015.
- ^ "CEO Announcement". Wahoo Fitness. Retrieved 2024-08-05.
- ^ Pokorny, Ali (2021-08-10). "#95: Chip Hawkins, Founder & Chairman of Wahoo Fitness". Fitt Insider. Retrieved 2024-08-05.
- ^ "Wahoo acquires Speedplay pedals". CyclingTips. September 24, 2019.
- ^ "Wahoo Announces Acquisition of RGT Cycling, Consolidated Wahoo X Subscription". DC Rainmaker. 26 April 2022.
- ^ "Wahoo Announces Acquisition of RGT Cycling, Consolidated Wahoo X Subscription". DC Rainmaker. 26 April 2022.
- ^ Ali, Tariq (2023-09-05). "Wahoo and Zwift Settle Patent Lawsuit". SMART Bike Trainers. Retrieved 2024-10-18.
- ^ "Norwest Equity Partners Expands Active Lifestyle Investment Platform with Wahoo Fitness". Norwest Equity Partners.
- ^ "Wahoo Fitness receives investment from global private equity firm".
- ^ "Wahoo Sponsored Teams & Athletes".