Total amount raised
$147.8 Millions
Latest funding date
07/01/2023
Location
Hyperice has successfully raised significant funding through various rounds, with notable investors such as Atlas Credit Partners and Mark Gillespie. The company specializes in providing advanced recovery and movement enhancement technology for athletes and consumers.
Keep reading to explore the intricacies of Hyperice's fundraising journey and the investors backing this innovative wellness brand.
What Is Hyperice?
Hyperice, founded in 2011 by Anthony Katz, is a wellness brand based in Irvine, California. The company specializes in providing advanced recovery and movement enhancement technology for athletes and consumers.
With a focus on vibration, percussion, and thermal technology, Hyperice aims to accelerate recovery time, prevent injury, and enhance the body’s ability to move efficiently. Their products are widely used in professional and collegiate training rooms and fitness facilities globally.
Currently, Hyperice employs between 101-250 people, contributing to its mission of improving athletic performance and overall wellness.
How Much Funding Has Hyperice Raised?
- Debt Financing
- Amount Raised: $100M
- Date: July 2023
- Lead Investors: Atlas Credit Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand Hyperice's operations and business reach.
- Funding Round
- Date: January 2023
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: Not publicly disclosed
- Secondary Market
- Date: June 2021
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: Not publicly disclosed
- Series A
- Amount Raised: $47.8M
- Date: October 2020
- Lead Investors: Main Street Advisors, SC.Holdings
- Valuation at Round: $700M
- Motivation Behind the Round: To support Hyperice’s growth and expansion.
- Venture Round
- Date: January 2020
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: Not publicly disclosed
- Seed Round
- Date: February 2011
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: Not publicly disclosed
Total Amount Raised: $147.8M
Current Valuation: Not publicly disclosed
Key Investors
- Atlas Credit Partners
- Details: Atlas Credit Partners is an asset management firm specializing in providing strategic growth capital facility investments. They focus on partnering with growth-oriented businesses to accelerate their expansion and create long-term value.
- Investment Focus Areas: Growth-oriented businesses, providing non-dilutive capital, accelerating growth.
- Notable Investments: Hyperice.
- NBA
- Details: The National Basketball Association (NBA) is a professional basketball league in North America, consisting of 30 teams. It is one of the major professional sports leagues in the United States and Canada.
- Investment Focus Areas: Sports, athlete performance, entertainment.
- Notable Investments: Hyperice.
- NFL’s 32 Equity
- Details: NFL’s 32 Equity is the investment arm of the National Football League, representing the league's 32 teams. It focuses on ventures that benefit the league and its teams.
- Investment Focus Areas: Sports, media, technology.
- Notable Investments: Hyperice.
- OneTeam
- Details: OneTeam is a collective of professional athletes' unions that invests in various ventures. It aims to support professional athletes and their interests.
- Investment Focus Areas: Sports, athlete welfare, media.
- Notable Investments: Hyperice.
- Main Street Advisors
- Details: Main Street Advisors is an investment firm that provides strategic advisory and investment services. They focus on partnering with companies to drive growth and create value.
- Investment Focus Areas: Media, entertainment, technology.
- Notable Investments: Not publicly disclosed.
What's Next for Hyperice?
Hyperice stands on the brink of significant expansion, bolstered by a $100 million investment from Atlas Credit Partners. This capital infusion will enable the company to broaden its reach across various industries, including fitness, healthcare, and workplace wellness. The opportunity to enhance their product lines and leverage strategic partnerships with major sports leagues presents a substantial growth potential.
Future fundraising appears promising, given the company's track record and the substantial backing from Atlas Credit Partners. Hyperice's innovative approach and strong market presence make it an attractive candidate for further investments. However, the company must navigate challenges such as maintaining its competitive edge and scaling operations globally while ensuring product quality.
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