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Peloton raises $325 million Series E, valuation soars to $1.25 billion

Peloton, a New-York based home fitness juggernaut, has raised $325 million in Series E funding. The company has raised $450 million to date and is now valued at $1.25 billion, with IPO talk on the horizon. The investment was led by Wellington Management, Fidelity Investments, Kleiner Perkins and True Ventures. Comcast NBCUniversal, GGV Capital, Balyasny and QuestMark, also contributed to …

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Away raises $20 million as it expands into a full-fledged lifestyle brand

Away, a New York-based smart luggage brand, has raised a $20 million in Series B funding. With the new investment, the company has raised a total of $31 million. The investment round was led by the company’s existing investor Global Founders Capital with participation from other previous investors Forerunner Ventures, Comcast Ventures and Accel Partners. Ludwig Ensthaler, a director at …

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Madhuri Parson partners with Maiyet to honor women

For New York based jewelry designer, Madhuri Parson, being a woman is at the center of why and what she designs. “My [jewelry is] inspired by the incredibly strong, compassionate and accomplished women that I meet every day,” Madhuri. “These women are mothers, daughters, entrepreneurs, creators and collaborators. When I’m designing, I have all of these facets in mind so …

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The New Stand is becoming an NYC transit staple

The New Stand is subtly working towards becoming a NYC transit staple. The commuter convenient store and app has just become available city-wide with the launch of 20 new boats that will be incorporated into the NYC Ferry System. As of now, six of the boats have been equipped with the New Stand. By July, 16 of the 20 boats …

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