Diligence memo · auto-generated · as of July 2, 2026
Interactive Strength, Inc.
Interactive Strength, Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Interactive Strength, Inc. operates in Other Technology, based in CARSON CITY.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Interactive Strength, Inc. has raised $111M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $70M on 2021-07-23.
Most recent recorded round closed around 2022-03-10.
Valuation (modeled)modeled
Provath models Interactive Strength, Inc. at approximately $728M (range $146M–$1.5B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.09× the median modeled value of Series C Other Technology companies in 2022–2024 (187 peers) — value vs value, same stage and era. Within the normal band (109% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 14 months.
Last raise 4.3 yr ago; this sector typically re-raises about every 13 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.5× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 97% of Other Technology peers (21302 compared).
Modeled value ranks above 94% of those peers.
Closest niche peers: LinkSquares, Inc., Semperis Ltd., Veev Group, Inc., GPI Acquisitions, Inc., DVX Ventures LLC.
Peoplefiled
7 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.