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Synopsis
Constitution Capital, an alternative asset manager and L Catterton, a global consumer-focused private equity firm, led a $55m Series D round in Hydrow, a company which develops a connected indoor rowing machine designed for full-body workouts, with participation from RX3 Ventures, Liberty Street, Activant Capital and Sandbridge Capital. "As more and more people embrace a hybrid approach to fitness, we continue to see extraordinary adoption, and our top priority is ensuring we can keep meeting that demand. This latest round of funding will not only allow us to do that, but will give us the opportunity to further invest in our product offering and drive innovation, so we can continue to deliver a best-in-class experience for our members," Bruce Smith, Hydrow CEO and Founder.
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