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Thursday, February 29, 2024

Tonal

Lululemon Desperately Wants Out Of Struggling Connected Fitness Space

Lululemon is attempting to sell Mirror for far less than its $500 million purchase price.
June 23, 2023
Someone working out with a Tonal machine.

Tonal Raises $130M After Big Value Drop

Tonal raised $130 million at a reported valuation of between $550-600 million.
April 11, 2023
tonal home gym

Tonal’s Valuation Could Drop to $500M As Connected Fitness Fades

Tonal’s valuation peaked at $1.9 billion in September behind a $100 million funding round.
February 15, 2023
Nautilus

Nautilus Announces Strategic Review, Considers Sale

Nautilus reported a 70.3% year-over-year decline in Q4 revenue.
September 27, 2022