# Aviron Announces $18.5 Million Series A Funding Round

**By Aviron Active Team · Published February 26, 2022 · Updated April 28, 2025**

Aviron, the game-first connected smart rowing machine, announced a $18.5M Series A funding round to accelerate team growth, product development, content expansion, and market reach.

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## We're Growing: Announcing Our $18.5 Million Series A Funding

We at [Aviron](https://www.avironactive.com/) are excited to announce our $18.5M Series A, led by Chris Carey and his team at Stripes, with additional investment from Global Founders Capital, Formic Ventures, and 24-Hour Fitness founder Mark Mastrov.

Aviron is a gaming-led, smart rowing machine for people who have busy lives and limited time, yet recognize the physical, mental, and emotional importance that comes with fitness. Aviron combines high intensity interval training (HIIT) workouts — short, challenging, and offering the dual benefits of burning calories while building muscle — with game-based content and psychology, making workouts fun and addictive.

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## How the Series A Funding Will Be Used

- Grow the team, with plans to double in size over the next year
- Emphasis on hiring engineers and software developers to increase product development
- Expand the library of entertainment offerings
- Expand online presence in the US market
- Enter the retail market
- Increase inventory investment to guard against supply chain issues
- Release new content and features, including the addition of popular streaming entertainment platforms like Netflix

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## New Executive Hire

Amy Curry-Staschke has joined the Aviron team as Chief Operating Officer. Her background includes tenures at Nike, Lululemon Athletica, and Burton Snowboards.

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## Aviron's Beginning and Future

**Fitness should be fun, shouldn't it?** That was the question that sparked the creation of Aviron and still drives us today.

For years, the fitness industry focused on burning calories, building strength, and toning muscles — the end result, not the workout experience itself. Fitness machines had potential but lacked enjoyment. Some companies added classes and coaching to their devices, and while that helped some users, other systems tried to add "gamified" experiences that always felt like afterthoughts rather than integrated into the original product design.

In 2018, Aviron launched as the game-first, connected smart rower. Built from the ground up, the rower was purposely designed to work as one with an ever-growing library of content including video games, streaming entertainment, live races, and virtual destinations.

The Aviron rower is a self-serve experience that offers an efficient, full-body workout combining cardio with strength training. Games feature zombies, robots, and DeLoreans in a software ecosystem that uses game psychology — achievements, leaderboards, and a sweat-equity currency — to push users toward personal goals, equating to better mental and physical health.

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## Investor Quote

> "Despite the benefits of rowing, it hasn't become mainstream like spin or running because it's so mentally challenging and boring. Andy has changed this dynamic with the Aviron rower — he's created an amazing product that is well designed and offers engaging formats where you forget you're exercising. We're excited to partner with Andy to help accelerate Aviron's investments in team and product, and to help more people advance their fitness goals."
>
> **— Chris Carey, Partner, Stripes**

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## Company Milestones

- Bootstrapped for the first couple of years
- August 2021: Raised a $4.5M seed round used to increase R&D development and software teams, and improve logistics and distribution
- Team grew to 36 people
- Paying subscriber base grew 2,700% year-over-year
- 2021 revenue increased 700% year-over-year
- New updates, features, integrations, and content released twice per quarter
- Internal data showed that nearly 100% of households with Aviron have at least 2 people using it regularly

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## Industry Context

A 2022 consumer trends survey showed that 95% of respondents prefer at least a hybrid home and gym workout experience, with 41% planning to work out 100% at home.

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## Join Aviron

- Careers: [Aviron Jobs Page](https://aviron.breezy.hr/)
- Community: [Aviron Facebook Community](https://www.facebook.com/groups/avironactive/)

**— Andy Hoang, Founder & CEO**

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## Latest Posts

- [Aviron's Second Major Update of 2026](https://www.avironactive.com/blog/second-major-update-2026) — Software · May 03, 2025
- [Aviron Launches Team Challenges](https://www.avironactive.com/blog/aviron-launches-team-based-competitions) — Software · Apr 24, 2025
- [May 2026 Content Update](https://www.avironactive.com/blog/may-2026-content-update) — Software · Apr 02, 2025
- [April 2026 Content Update](https://www.avironactive.com/blog/April-2026-content-update) — Software · Apr 02, 2025
- [March 2026 Hard Update](https://www.avironactive.com/blog/march-2026-hard-update) — Software · Mar 02, 2026
- [March 2026 Content Update](https://www.avironactive.com/blog/march-2026-content-update) — Software · Mar 02, 2025

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**Tags:** Aviron, Business

**Canonical URL:** https://www.avironactive.com/blog/were-growing-announcing-our-185m-series-a-funding-round/