• Hydrow, a connected rower manufacturer, has raised USD 55 million in Series D funding led by Constitution Capital with participation from L Catterton, RX3 Ventures, Liberty Street, and others. Following this funding round, the company’s total funding stands at over USD 255 million.

• The company plans to utilize the funding for further product development, to expand reach globally, improve brand awareness, and scale production to meet growing demand.

• Hydrow also revealed that it has achieved 3x YoY revenue growth in 2021 and currently has more than 200,000 users. 

<ul><li> Analyst QuickTake: Today’s news comes six months after Hydrow raised an undisclosed amount of funding from celebrity backers to meet the anticipated holiday-season demand, expand into international markets, and create more live and on-demand workout content for its users.</ul>