TCV leads Peloton's $550 mln round
Peloton said Aug. 3 that it raised $550 million in a Series F financing round led by TCV. Nearly all of Peloton's existing institutional investors, including Tiger Global, True Ventures, Wellington Management, Fidelity (FMRCo), NBCUniversal, Kleiner Perkins and Balyasny participated in this round. New investors include Felix Capital, Winslow Capital and other mutual fund partners. J.P. Morgan served as the sole placement agent to Peloton on the transaction. Peloton, of New York, provides high end cycling equipment for the home.
3 August 2018•4 mins read
