Company profile: Garmin
1.1 - Company Overview
Company description
- Provider of marine, aviation, and consumer technologies suitable to run on positioning systems, including smartwatches for health, fitness, and outdoor activities with GPS tracking, health monitoring, and smart notifications; Forerunner GPS smartwatches for runners and triathletes; Edge GPS bike computers; Varia rearview radar with camera and tail light; Approach golf GPS devices; and Descent dive computers that also function as smartwatches.
Products and services
- Garmin Edge Series: GPS-enabled bike computers for cyclists, delivering advanced performance monitoring and ride insights for training and race-day application
- Garmin Forerunner Series: Athlete-grade GPS smartwatches for runners and triathletes, offering training metrics, recovery insights, and bright displays to guide workouts and optimize post-run recovery
- Garmin Smartwatches: Consumer-grade wearables for health, fitness, and outdoor activities, featuring GPS tracking, health monitoring, and smart notifications to support daily wellness and adventure planning
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Garmin
Whoop
HQ: United States
Website
- Description: Provider of a performance optimization system that monitors sleep, strain, training, and recovery, providing athletes, coaches, and trainers continuous insight to balance training, reduce injuries, predict performance, and help elite athletes and teams win.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
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- Total funding raised: $●●●m
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Found
HQ: United States
Website
- Description: Provider of an evidence-based weight care platform offering personalized weight loss medication plans (including GLP-1s and Saxenda), tailored programs with nutrition and habit-building guidance, virtual clinical care by board-certified clinicians trained in obesity medicine, and 1:1 health coaching, using MetabolicPrint to identify root causes based on biology, history, and habits.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Tone It Up
HQ: United States
Website
- Description: Provider of an on-demand fitness app with workout videos (yoga, cardio, barre, boxing, kettlebell, strength), daily moves, new classes weekly, and guided meditations. Also offers plant-based protein powders, shakes, cookies and bars; collagen powders and creamers; plant-based gummies and capsules for digestion, stress, immune support and collagen synthesis; plus curated meal plans and recipes.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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InsideTracker
HQ: United States
Website
- Description: Provider of a health analysis platform that tracks key biochemical and physiological markers, combining blood tests, DNA analysis, biological age assessment, and wearable device data to deliver personalized health recommendations and action plans for nutrition, supplements, exercise, and lifestyle; offerings include subscriptions, comprehensive packages, blood biomarker testing, DNA analysis, and wearable device integration.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full InsideTracker company profile →
eMindful
HQ: United States
Website
- Description: Provider of evidence-based mindfulness solutions and programs for everyday life and chronic conditions, delivered via eM Life with live and on-demand sessions to reduce stress, boost mood, and improve sleep; offerings include Mindfulness at Work Stress Reduction, QuitSmart Mindfully (with free nicotine replacement therapy), Weight Balance for Life, Mindful Leadership Series, and Living Well With Chronic Pain.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full eMindful company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Garmin
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Buyer group 2: ████████ ████████
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Garmin
2.2 - Growth funds investing in similar companies to Garmin
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4 - Top valuation comps for Garmin
4.2 - Public trading comparable groups for Garmin
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