VC-backed fitness startup Peloton Interactive targets $1.33 bln IPO: Reuters


New York-based Peloton Interactive, a fitness startup, is seeking to raise up to $1.33 billion for its IPO, reported Reuters. Goldman Sachs, J.P. Morgan, BOfA Merrill Lynch and Barclays are among the underwriters for the IPO. Peloton’s backers include TCV, Felix Capital, Tiger Global, Kleiner Perkins, Wellington Management and NBCUniversal, according to Crunchbase.