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Market Chatter: Fitness Tracking App Strava Eyes US IPO
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Market Chatter: Fitness Tracking App Strava Eyes US IPO
Oct 13, 2025 2:15 AM

04:54 AM EDT, 10/13/2025 (MT Newswires) -- Fitness and exercise-tracking app Strava aims an initial public offering in the US, the Financial Times reported Monday, citing Chief Executive Michael Martin.

The firm has an "intention to go public at some point," Martin reportedly said. Such a move "provides easy access to capital in case we wanted to do more and bigger acquisitions" the FT reported, citing Martin.

Reuters recently reported that Strava had invited Goldman Sachs ( GS ) , JPMorgan ( JPM ) and other banks to pitch for roles on a potential US IPO.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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