Strava to Acquire UK Running App Runna
Deal News | Apr 17, 2025 | PR Newswire Cision STRAVA, INC.
Strava, a leading app for active individuals, has announced a definitive agreement to acquire Runna, a UK-based company specializing in personalized running training plans and coaching. This acquisition aims to combine Strava's extensive fitness community with Runna's excellence in the competitive running training market. The deal is part of Strava's initiative to innovate for its massive user base of over 150 million users worldwide and reflects a strategic move to increase its influence in the booming running industry. The acquisition builds on Strava's recent growth and targets the increasing global demand for personalized running guidance. While financial details remain undisclosed, the collaboration is expected to enhance Strava's API developer community and underline its commitment as a universal platform for fitness enthusiasts. The transaction awaits customary closing conditions.
Sectors
- Technology
- Fitness
Geography
- United Kingdom – Runna is headquartered in the UK, where it has been developing personalized training plans.
Industry
- Technology – The acquisition involves tech companies, specifically app developers in the fitness industry.
- Fitness – Strava and Runna operate in the fitness app space, providing training plans and tracking for athletes.
Financials
- Not Disclosed – The financial terms of the acquisition deal between Strava and Runna have not been disclosed.
Participants
Name | Role | Type | Description |
---|---|---|---|
Strava | Bidding Company | Company | Strava is a leading global app for tracking fitness activities with over 150 million users. |
Runna | Target Company | Company | Runna is a UK-based app offering personalized running training plans and coaching. |
Michael Martin | CEO of Strava | Person | Michael Martin is the Chief Executive Officer of Strava, overseeing the strategic acquisition of Runna. |
Dom Maskell | Co-founder and CEO of Runna | Person | Dom Maskell is a co-founder and CEO of Runna, involved in the integration with Strava. |
Ben Parker | Co-founder of Runna | Person | Ben Parker is a co-founder of Runna, playing a crucial role in its success and acquisition. |