Peloton raises $550M at a valuation of $4 billion

Peloton today announced its Series F funding of $550 million. That brings the total amount raised, according to CrunchBase, to $994.7 million. According to the announcement, this round puts Peloton’s valuation at $4 billion. TCV led the round with other participation in the round from Tiger Global, True Ventures, Wellington Management, Fidelity, NBCUniversal, and Kleiner […]...