- Strava, a San Francisco, CA-based social platform for athletes, raised $110m in a Series F financing
- The round was led by TCV and Sequoia Capital, with participation from Dragoneer Investment Group and existing investors
- The company intends to use the funds to build more features for athletes and expand its business reach
- Strava is a large sports community which enables motivation through competition, camaraderie, and accountability
- In 2020, Strava has added more than 2 million athletes per month to its community and rolled out over 60 new features
- The company also made Strava Metro free for urban planners and city governments
