Zwift, an online fitness training that allows cyclists and runners to train virtually, has raised $450 million in the recent investment round. The company currently has already received $620 million in funding, with a market value of up to $1 billion.
According to Tech Crunch, the company, which has just created a really popular app, with 2.5 million people across the globe have already signed up since its founding in 2015. Outside magazine described Zwift as "part social-media platform, part personal trainer, part computer game," which made it appealing to both recreational and professional riders who want to train regardless of the outdoor conditions.
- Provides a great workout and cycling experience that gets more challenging as players level up. It is quite addictive, though.
- Easy to set up indoors, so users can proceed with the workout regardless of the weather and save gas and time traveling to the gym.
- Does not require an amazing bike, even an old one can do.
Upon signing up, users will be billed $20 per month for access to the app. However, aside from the subscription fee, users would also need to acquire a part of smart trainers. The cost will depend on the technology, but a direct drive turbo trainer costs around $1600.
Users would also no need to consider the cost of speed or power sensor, which sends information to the app as well as a compatible smartphone, computer, or tablet. More importantly, users should consider the space where to put the set up because the bike could eat up so much space.
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Written by CJ Robles
