United Kingdom · 
Who invested in Zwift?
Zwift's investors include Novator Partners, Highland Europe/ True and Causeway Media Partners. Highland Europe/ True led its latest round.
20172018
$27MSeries A$120MRoundUnited Kingdom · Funded startup
Who invested in Zwift
2 rounds we have observed, with the 3 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.
Funding summaryUpdated 26 Oct 2026
$147Mraised across 2 rounds since 2016, from 2 sources
$27MSeries A$120MRound
- Latest round
- Round, $120MDec 2018
- Led by
- Highland Europe/ True
- Step-upi
- 4.4×
- Investors
- 3 (1 led)
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Series A, $27M Nov 2016
- Biggest round
- $120M Round · Dec 2018
- Between rounds
- 2.1 years from the last two
The rounds
- Dec 2018Round$120M2 new1 returning
- Highland Europe/ TrueLead
Causeway Media Partners
Novator Partners
Reported by TechCrunch
- Nov 2016
Who was in which round
The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.
Everyone who backed them
Highland Europe/ Trueno record of our own yet1round, led 1
Missing a round, or an investor who was in one? Tell us.
Also claim to have backed them
These 3 firms list Zwift as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.
Quick answers about Zwift
How much has Zwift raised?
Zwift has raised $147M across 2 rounds since 2016.
When did Zwift last raise?
Zwift's most recent round was an Undisclosed round of $120M in Dec 2018, led by Highland Europe/ True.
What was Zwift's biggest round?
Its most recent round, $120M in Dec 2018, is also its largest on record.
Who backed Zwift first?
Zwift's first round on record, in Nov 2016, was backed by Novator Partners.
What stage is Zwift at?
Zwift's latest named round is an Undisclosed round, in Dec 2018.
Where is Zwift based?
Zwift is based in the United Kingdom.
Who led Zwift's rounds?
Highland Europe/ True led the Undisclosed round in 2018.
Companies like Zwift
In the same sector, and raised in the last eighteen months.
Find investors like these
Search every investor by what they have actually funded, then narrow to your stage and market. Free.