Lululemon, Karlie Kloss invest in buzzy fitness startup Mirror - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 54 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Lululemon just made a bet that the $1,500 interactive workout Mirror is the future of fitness, and it should terrify boutique workout studios

, the New York-based startup that makes an interactive workout mirror, announced Wednesday that it had raised $34 million in a new round of funding led by hedge fund Point72. Lululemon and Karlie Kloss also invested in this round.

The company behind the $1,500 interactive fitness mirror announced Wednesday that it raised $34 million in a round of funding led by Steve Cohen's hedge fund Point72. Lululemon and model-turned-entrepreneur Karlie Kloss were among the other investors contributing to the funding round. "MIRROR is an example of how Lululemon's purpose to unleash the full potential within every one of us comes to life. We're proud of Brynn's journey from being one of our ambassadors to CEO of an incredible company committed to helping people become the best versions of themselves," Celeste Burgoyne, Lululemon's EVP of the Americas and global guest innovation, said in a statement to the press announcing the news.

continues to heat up. It also signals that America's best-known athleisure brand has confidence in this model being the future of fitness. In the past few years, home fitness concepts have become more advanced at being able to recreate the experience of going to a fitness class without having to leave your home.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

You liked the Grizzleton you’ll love “Grizzle.Gaper”. (Say it w a 🇩🇪 accent) Thomas, Jonny, any chance we get a video w you lads in sweatbands rocking it out infront of a grizzlegaper? I really wanted “Grizzlespeculum”, but Grizzlegaper sounds better LamboJohnny thomasg_grizzle

Would be great without the mirror

I'm still not paying £80 for a pair of leggings.

InfinitusCap lol

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Saudi Arabia reportedly considers investing in SoftBank Vision Fund 2 - Business InsiderThe Saudi Arabian Public Investment Fund (PIF) invested $45 billion in SoftBank's first Vision Fund in 2016. Sign us up for some of that WeWork winning. Please fund my startup The ultimate definition of dumb money Anyway at the end of the day, WeFucked
Source: BusinessInsider - 🏆 729. / 51 Read more »

Signal AI: Series C $25 million pitch deck for AI tech startup - Business InsiderThe startup secured funding from Redline Capital, MMC Ventures, Hearst Ventures, and GMG Capital taking its total funds raised to $51.6 million.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Career tips from the 'Warren Buffett of bonds,' day-trading insights from a former engineer, and 13 top dividend-paying stocksInvesting Insider is your one-stop shop for high-profile investor interviews, trade recommendations, and actionable analysis.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Facebook's business is running 'almost flawlessly': analysts - Business InsiderIgnore all the scandals and negative headlines — Facebook is still an extraordinarily successful cash-printing machine. It's a private company, people always tend to forget that. $elling it's customers data is a good business, especially since the customers GIVE it away for a few likes. F'n hilarious !!! 😂😂😂😂 Yeah but how many users did they lose besides me?
Source: BusinessInsider - 🏆 729. / 51 Read more »