Hyperice is a technology-driven wellness company headquartered in Houston, TX, led by CEO Jim Huether. Its product portfolio includes percussion devices (Hypervolt), dynamic air compression (Normatec), vibration tools (Vyper and Hypersphere), thermal technology (Venom), mind technology (Core by Hyperice) and contrast therapy (Hyperice X). The company serves elite athletes, leagues and teams as well as consumer markets and applies its technology across fitness, hospitality, healthcare, massage, physical therapy, sports performance and workplace wellness on a global scale. Hyperice has pursued growth through acquisitions, including Normatec, RecoverX and Core, which the company says have accelerated its innovation agenda. The firm recently secured new capital to support its next stage of global growth. Management intends to use the funds to expand operations and broaden the company’s business reach. Hyperice builds recovery and wellness hardware and software across percussion (Hypervolt), dynamic air compression (NormaTec), vibration (Vyper/Hypersphere), thermal (Venom), mind technology (Core) and contrast therapy (Hyperice X). The company has expanded into holistic high-performance wellness through product innovation and a new brand identity, and recently acquired mental-wellness firm Core—its third acquisition in 18 months following Normatec and RecoverX. Recent product launches include the Hyperice X portable contrast therapy device, Hypervolt 2, Hypervolt 2 Pro, Vyper 3 and Vyper Go, with multiple products now available across several global markets. Hyperice says its offerings serve elite athletes, leagues and consumers and has industry partnerships across sports and esports. The company reports a global footprint in more than 60 countries as it pursues broader consumer and international expansion. Hyperice makes medical and consumer devices designed to help athletes and fitness enthusiasts recover after workouts and games. The company sells therapy hardware and has partnerships positioning its products into professional sports leagues. Hyperice recently secured a $47.8 million investment that values the business at $700 million. The new capital is earmarked for sales and marketing and product development. Hyperice has inked official recovery-technology partnerships with the NBA and the UFC. The company plans to launch a software service to monitor and manage athlete performance and recommend recovery timing using integrated wearable data and services such as Apple Health and Strava. The deal brings high-profile athlete investors and league investment arms into the cap table, reinforcing Hyperice’s go-to-market with professional sports.

Total raised

$148M

Funding rounds

3

Latest round

Equity

Latest activity

Jul 2023