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Soul Cycle

609 Greenwich Street, New York, NY, 10014, United States

Overview

SoulCycle's full-body workout has revolutionized indoor cycling and taken the world of fitness by storm. Combining inspirational coaching and high-energy music, SoulCycle offers an engaging workout that benefits both the mind and the body. Each SoulCycle ride delivers an intense full-body workout with a fun and energizing atmosphere. Not only do riders burn calories and get their hearts pumping, but using the SoulCycle Method, riders also work their core and use hand weights to tone their upper bodies. SoulCycle was founded by Elizabeth Cutler and Julie Rice in 2006 and is headquartered in New York.

Total investments
1
Lead investments
0
Investments · 12mo
0
Active investors
6

Sector focus

  • Cycling
  • Fitness
  • Health Care
  • Wellness
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Investment portfolio

  • Yumi

    Participated · Equity · Dec 2019

    Yumi sells completely plant-based, clean-label meals and snacks for infants and toddlers via a subscription model that delivers highly customizable weekly meals directly to families. The company uses algorithms to help parents choose tailored meal plans and says it developed its nutrient-dense flavors with a nutritionist. Since launching in California in 2017 and expanding nationwide in 2019, Yumi has delivered more than 10 million meals and now feeds roughly 3% of U.S. babies. The brand reports anticipating nearly $100 million in sales next year and has benefited from strong growth during and after the pandemic. Product offerings span developmental stages and include single-flavor and more elaborate recipes designed to meet clean-label standards. Yumi offers fresh, delivered baby food alternatives (including purees and pouches) positioned against shelf-stable incumbents. The company emphasizes nutrients parents want and says shelf-stable competitors like Gerber lack key nutrients. Yumi's stated goal is to change standards for childhood nutrition and upend what it means to be a food brand in America. Sales have reportedly risen tenfold in the last year, though absolute figures were not disclosed. The market is large and crowded—Zion Market Research estimates the global baby food market could reach $76 billion by 2021. Yumi has attracted strategic support from several well-known consumer founders and brands as it scales. Yumi is a baby food delivery service co-created by Evelyn Rusli and Angela Sutherland and based in Los Angeles. The company delivers chef-prepared, perfectly pureed baby meals designed without excess sugar and preservatives, with menu items such as bell pepper soup and rose water overnight oats. Parents choose a plan online and receive meals in insulated containers with ice packs to keep them fresh. Prices start at $50 per week for six meals, with discounts for subscription plans. Yumi has launched commercially and raised $4.1 million in seed funding from VC firms and angels. The service currently delivers throughout California and faces potential competition from startups like Little Spoon as well as the uncertainty of previous failed attempts at this model.

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