https://techcrunch.com/2018/08/03/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 — it was just last May the company hit unicorn status.

TCV led the round with other participation in the round from Tiger Global, True Ventures, Wellington Management, Fidelity, NBCUniversal, and Kleiner Perkin, along with new investors – BlackRock, Franklin and Winslow Capital.

“We are truly honored to partner with TCV and with Jay Hoag personally,” said John Foley, founder and CEO of Peloton, in a released statement. “TCV’s reputation, experience, and involvement in businesses like Netflix, Spotify and Facebook will be invaluable as we build Peloton into one of the most unique and influential global consumer product and media companies of our day.”