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Company profile: Fitbit

1.1 - Company Overview

Fitbit Logo

Fitbit

Headquarter: United States
Founded: 20XX🔒
Employees: 100-500🔒

Company description

  • Provider of compact, wireless wearable sensors and health devices that track daily activity to promote a healthy lifestyle, including the Fitbit Tracker for calories burned, sleep quality, steps, and distance; smartwatches (Versa 4, Sense 2), fitness trackers (Inspire 3, Luxe), the Aria Air smart scale, and Fitbit Premium for personalized fitness guidance, workout libraries, and wellness insights.

Products and services

  • Fitbit Premium: A subscription-based service delivering personalized fitness guidance, workout libraries, and wellness insights for health and wellness support
  • Fitbit Sense 2: A wireless smartwatch offering stress management, sleep tracking, and notifications, with a 6+ day battery life for extended wear
  • Fitbit Versa 4: A wireless wearable smartwatch that tracks sleep, SpO2, and stress metrics, with over 6 days of battery life

Key contacts

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Financial details

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1.2 - Competitors and similar companies to Fitbit

Onera Health Logo

Onera Health

HQ: The Netherlands Website
  • Description: Provider of sleep diagnostics and monitoring solutions, offering Onera STS—a patch-based, no-wire PSG system for home and clinical settings; a cloud Digital Health Platform for PSG initiation, data analysis, and report generation; Polysomnography-as-a-Service; and devices like The Pod and The Patch with sensors capturing EEG, EMG, EOG, respiratory signals and more.
  • 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 Onera Health company profile →
Learn to Live Logo

Learn to Live

HQ: United States Website
  • Description: Provider of online CBT-based mental health programs addressing depression, stress, anxiety, and others. Offers self-paced digital programs, live clinician coaching via phone, email, and text, monthly webinars, and marketing toolkits, including dedicated Depression and Stress, Anxiety & Worry programs.
  • 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 Learn to Live company profile →
Gini Health Logo

Gini Health

HQ: Canada Website
  • Description: Provider of actionable personalized nutrition via iOS and Android apps using DNA, health and quantified self data, and comprehensive healthcare services, including diabetes management solutions in North India, chronic disease management, personalized health plans, nutrition and lifestyle coaching, comprehensive health testing, same-day digital urgent care, and PCOS management.
  • 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 Gini Health company profile →
FitStar Logo

FitStar

HQ: United States Website
  • Description: Provider of digital health and fitness apps, including FitStar Personal Trainer, which delivers personalized workout sessions tailored to individual fitness levels and goals, and FitStar Yoga, offering guided yoga sessions to improve flexibility, strength, and mindfulness, designing products and experiences that fit seamlessly into everyday life.
  • 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 FitStar company profile →
WeightWatchers Logo

WeightWatchers

HQ: United States Website
  • Description: Provider of wellness technology promoting healthy behavior change through interactive digital experiences, offering the Points Programme assigning food Points based on nutritional content, coach-led workshops in-person and online, a Diabetes Programme guided by health organizations, a GLP-1 programme focusing on nutrition and activity targets, and the WW App with tracking tools, barcode scanner, recipes, and social support.
  • 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 WeightWatchers 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 Fitbit

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Buyer group 1: ████████ ████████

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Key Products: ████████, ████████, ████████, ████████
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Buyer group 2: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms

3.1 - Buyout funds investing in similar companies to Fitbit

2.2 - Growth funds investing in similar companies to Fitbit

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4 - Top valuation comps for Fitbit

4.2 - Public trading comparable groups for Fitbit

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4.3 - M&A Transactions similar to Fitbit

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

About Fitbit

What does Fitbit do?

Fitbit is a provider of compact, wireless wearable sensors and health devices that track daily activity to promote a healthy lifestyle, including the Fitbit Tracker for calories burned, sleep quality, steps, and distance; smartwatches (Versa 4, Sense 2), fitness trackers (Inspire 3, Luxe), the Aria Air smart scale, and Fitbit Premium for personalized fitness guidance, workout libraries, and wellness insights.

Who are Fitbit's competitors?

Fitbit's competitors and similar companies include Onera Health, Learn to Live, Gini Health, FitStar, and WeightWatchers.

Where is Fitbit headquartered?

Fitbit is headquartered in United States.

How many employees does Fitbit have?

Fitbit has 1,000 employees 🔒.

When was Fitbit founded?

Fitbit was founded in 2010 🔒.

What sector and industry vertical is Fitbit in?

Fitbit is in the Enterprise Software 🔒 sector and industry

M&A Buyers & Acquirers for Fitbit

Who are the top strategic acquirers in Fitbit's sector and industry

Top strategic M&A buyers and acquirers in Fitbit's sector include ████████, ██████████, ██████, ████████, and ██████████ 🔒.

Which M&A buyer groups are most relevant for Fitbit?

Top strategic M&A buyers groups and sectors for Fitbit include █████████████████ , ████████████████, █████████████, ████████████, and ████████████████ 🔒.

Financial Investors investing in Fitbit's sector and industry vertical

Which are the top PE firms investing in Fitbit's sector and industry vertical?

Top PE firms investing in Fitbit's sector and industry vertical include ████████, ██████████, ████████, and ██████████ 🔒.

Who are the top buyout funds acquiring in Fitbit's sector and industry vertical?

Active PE funds and buyout funds acquiring companies in Fitbit's sector and industry vertical include █████████, ██████████, ████████████, and ████████████ 🔒.

Who are the top growth equity funds investing in companies in Fitbit's sector and industry vertical?

Growth funds and venture capital funds investing in companies similar to Fitbit include █████████, ██████████, ████████████, and ████████████ 🔒.

Valuation benchmarks of companies in Fitbit's sector and industry

Which are the key public companies that are relevant trading comps benchmarks for Fitbit?

The key public trading comparables and valuation benchmarks for Fitbit include █████████, ██████████, ████████████, and ████████████ 🔒.

Which are the key trading comparable groups for Fitbit for public valuation benchmarks?

Our platform tracks detailed public trading comparable groups and valuation benchmarks for Fitbit with complete valuation multiples, growth metrics, and profitability data. Access the full database to benchmark your company against relevant public comparables.

What are recent M&A transactions in Fitbit's sector and industry vertical?

Our platform tracks relevant M&A transactions comparables and valuation benchmarks for Fitbit with complete deal terms, valuation multiples, and strategic rationale. Access the full database to benchmark pricing and identify active acquirers.

What are recent capital raises and funding rounds in Fitbit's' sector and industry vertical?

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