Chattanooga’s Echelon Fitness completes $65 million raise
Echelon Fitness, the Chattanooga-based company focused on at-home services and products, has completed a $65 million financing package. It was led by Goldman Sachs Growth, along with participation from existing investor, North Castle Partners.
Founded in 2000, Echelon is benefiting from the explosion in at-home fitness at least partially as a result of the COVID-19 pandemic. The company offers a line of connected products – bikes, rowers, fitness mirrors, treadmill – and an app experience that allows its members to participate in both live and on-demand fitness classes.
Learn more about the raise here.