Runna Acquired by Strava to Expand Fitness App Portfolio

Deal News | Apr 17, 2025 | Business Cloud

Runna Acquired by Strava to Expand Fitness App Portfolio

In a strategic move indicative of the growing convergence between digital fitness solutions and traditional exercise methods, Strava, the California-based workout tracking app boasting over 150 million registered users, has acquired Runna, a London-headquartered company renowned for its personalised running training plans and coaching. This acquisition represents Strava’s continued commitment to diversifying and enhancing its service offerings while tapping into the booming global running trend, where nearly 1 billion runs were recorded on its platform in 2024. Both companies express mutual enthusiasm about the merger, highlighting aligned missions to personalise running experiences for users. Despite the merger, both Strava and Runna will maintain separate app operations for the near future, with plans to grow the Runna team further. This demonstrates Strava’s focus not only on expanding functionalities through acquisitions but also on cultivating its developer community through such strategic investments. While financial terms remain undisclosed, Strava's CEO, Michael Martin, accentuates the complementary nature of this acquisition aligning with the firm's goals to foster greater user value and innovation.

Sectors

  • SportTech
  • Fitness Apps

Geography

  • United States – Strava, the acquiring company, is based in California, USA, influencing the geography classification due to its pivotal role in the acquisition.
  • United Kingdom – Runna, the target company, is headquartered in London, England, making the UK notable in the geographical context of this acquisition.

Industry

  • SportTech – The article is centered around the acquisition by Strava of Runna, both of which operate within the burgeoning SportTech sector, delivering fitness tracking and coaching technologies.
  • Fitness Apps – Both Strava and Runna operate in the Fitness Apps industry, providing digital platforms and personalised solutions for fitness enthusiasts.

Financials

  • – The financial terms and amounts regarding the acquisition of Runna by Strava were not disclosed.

Participants

NameRoleTypeDescription
StravaBidding CompanyCompanyStrava is a California-based company known for its fitness tracking app with over 150 million registered users globally.
RunnaTarget CompanyCompanyRunna is a London-headquartered tech company specializing in personalised running training plans and coaching.
Michael MartinCEO of StravaPersonMichael Martin is the CEO of Strava and provided insights into the strategic reasons behind the acquisition of Runna.
Dom MaskellCo-founder and CEO of RunnaPersonDom Maskell is the co-founder and CEO of Runna, and expressed excitement about the acquisition by Strava.