Strava eyes IPO as Gen Z trades dating apps for running clubs and builds real-life connections.
Matilda
Strava IPO: Gen Z Runs Past Dating Apps Strava Eyes IPO As Gen Z Trades Dating Apps For Running Clubs Strava eyes IPO as Gen Z trades dating apps for running clubs — and the move couldn’t come at a better time. The 16-year-old fitness tracking app is preparing to go public, signaling a new era for the San Francisco-based company and the growing “social fitness” movement. Image Credits:lzf / Getty Images CEO Michael Martin confirmed to the Financial Times that Strava plans to list “at some point,” aiming to raise capital for future acquisitions. With backers like Sequoia Capital, TCV, and Jackson Square Ventures, the company’s most recent valuation hit $2.2 billion in May — and momentum is only accelerating. From Tracking Runs To Building Real Communities Strava’s transformation from a niche training app to a social platform mirrors how Gen Z connects today. According to Sensor Tower, the app now boasts 50 million monthly active users in 2025 , nearly double that of its nearest rival. Downloads have surged 80% year-over-year, driv…
