Connected Rowing Company Gets $200 Million Valuation
Ergatta, the Brooklyn-based startup which sells a $2,199 (plus $29 per month) connected home rowing machine that gamifies workouts, has raised $30 million in new equity at a $200 million valuation. The funding round was led by Advance Venture Partners along with participation from Greycroft, Fifth Wall, and Gaingels. GGV Capital partner Hans Tung also invested. Ergatta’s seed round in Mar. 2020 was $5 million and included an investment from Zynga founder Mark Pincus. The company ... Log in to view full article.