Strava is gearing up to go public, riding a wave of explosive growth that's seen the fitness tracking app nearly double its user base to 50 million monthly active users. The timing couldn't be better - Gen Z is ditching dating apps for running clubs, and the cultural shift toward alcohol-free socializing is fueling unprecedented demand for fitness communities.
Strava just became the poster child for perfect IPO timing. The 16-year-old fitness tracking app is preparing to go public as a cultural earthquake reshapes how young people socialize, exercise, and build relationships around wellness rather than nightlife.
CEO Michael Martin confirmed to the Financial Times that the San Francisco company plans to list "at some point," eyeing capital for strategic acquisitions. The company's last valuation hit $2.2 billion in May, backed by heavyweight investors including Sequoia Capital, TCV, and Jackson Square Ventures.
The numbers tell a remarkable growth story. Strava's user base has exploded to 50 million monthly active users in 2025, according to Sensor Tower data - nearly double its closest competitor. Downloads surged 80% year-over-year, positioning the app at the center of what industry analysts are calling the "fitness social revolution."
But this isn't just about running faster or tracking miles. Strava's growth coincides with a fundamental cultural shift, particularly among Gen Z users who are increasingly seeking alcohol-free ways to socialize and build meaningful connections. The mental health benefits of finding support networks through running communities have become a major draw, with some users even finding romance through fitness rather than traditional dating apps.
The broader running boom provides compelling market validation. Applications for the 2026 London Marathon jumped 31% this year to 1.1 million people, signaling sustained demand that extends far beyond app downloads. Running clubs in major cities report waitlists, and "soft launching" relationships through group runs has become a defining trend among younger demographics.
Strava's genius lies in gamifying fitness through social mechanics that turn workouts into social currency. The app's signature "kudos" system and split comparisons transform individual achievements into community experiences, creating sticky engagement that traditional fitness apps struggle to match. Users don't just track their runs - they build their identity around shared accomplishments and friendly competition.
