/C O R R E C T I O N -- STRAVA, INC./

In the news release, Strava to Acquire Runna, A Leading Running Training App, issued 17-Apr-2025 by STRAVA, INC. over PR Newswire, we are advised by the company that in the "About Runna" section, the following should have been omitted: "or try out Runna with xCODE for 2 weeks of running coaching free today!" The complete, corrected release follows:

Strava to Acquire Runna, A Leading Running Training App

The world's biggest team has a new coach

SAN FRANCISCO, April 17, 2025 /PRNewswire/ -- Strava, the app for active people, today announced that it has entered into a definitive agreement to acquire Runna, a UK-headquartered tech company developing personalized running training plans and coaching. The acquisition unites the world's largest fitness community with a leading app in the fiercely competitive running training space, creating compelling value for users and shareholders of both companies.

"Coming off Strava's accelerated innovation and unprecedented growth last year, it was the right time to look for complementary businesses that could create even greater value for our users," said Michael Martin, chief executive officer, Strava. "Running is booming worldwide—nearly 1 billion runs were recorded on Strava in 2024. Runna's mission to give every runner a personalized plan to achieve their goal is a perfect fit."

According to Strava's Year In Sport data, running is the fastest growing sport globally, and Gen Z in particular are turning to running to create community and connection. This has created a sharp increase in race participation, with 43% of Strava users wanting to conquer a big race or event in 2025. Demand for training plans has grown quickly as more athletes look for personalized guidance.

"We are delighted to become part of Strava as we continue to focus on bringing the world the most customized and personalized training plans available," said Dom Maskell, co-founder and chief executive officer, Runna. "We have spent many hours together with Strava senior management and we couldn't be more excited to be on the same team," he added. "Our passion is to give every runner a training plan and access to amazing coaching and this investment allows us to make even more improvements to everything we do at Runna, benefiting runners worldwide" said Ben Parker, co-founder.

"I have been deeply impressed with Dom, Ben and the Runna team," said Martin. "Our plan is to keep the apps separate for the foreseeable future, to invest in growing the Runna team and further accelerate the development of the Runna app."

The deal is part of Strava's ongoing initiatives to innovate for its 150+ million registered users and represents deep investment in Strava's API developer community. Over 100 training apps currently connect to Strava's API in order to provide users with enhanced features and functionality. Strava remains firmly committed to maintaining this role as the open platform for fitness and to supporting all developers, alongside Runna. "We are thrilled to have this opportunity to recognize and invest in an API developer like Runna," said Martin. "Strava is the community for all active people regardless of sport, skill level, location, app or device." 

The transaction is subject to customary closing conditions. Additional terms of the acquisition were not disclosed.

About Strava
Strava is the app for active people. With over 150 million athletes in more than 185 countries, it's more than tracking workouts—it's where people make progress together, from new habits to new personal bests. No matter your sport or how you track it, Strava's got you covered. Find your crew, crush your goals, and make every effort count. Start your journey with Strava today.

Join the Strava Club or follow Strava on Instagram, X, Facebook, YouTube and LinkedIn.
Visit www.strava.com for more information.

About Runna 
Runna, one of the world's top-rated running coaching apps on iOS and Android, was founded in 2021 by running enthusiasts Dom Maskell and Ben Parker. Officially launching in March 2022, the subscription-based app helped millions of runners complete their first race. Now available in over 180 countries, Runna was selected as one of three finalists for Apple's App of the Year in 2024.

To learn more about the company and follow along on this amazing journey check out the latest by following us on Instagram, Reddit and LinkedIn.

Media Contact: 
press@strava.com

Photo - https://mma.prnasia.com/media2/2666830/Strava___Runna.jpg?p=medium600 

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Strava to Acquire Runna, A Leading Running Training App

PALM BEACH, Fla., May 1, 2025 /PRNewswire/ -- U.S. Immigration Fund, a leading EB-5 Regional Center operator, is pleased to welcome Kiem Nguyen as Vice President of Business Development, Head of Southeast Asia Market. With over a decade of experience in the EB-5 investment industry, Kiem brings a deep understanding of investor needs and a strategic vision to further expand U.S. Immigration Fund's presence in Southeast Asia.

Born and raised in Vietnam, Kiem moved to the United States as a teenager, where he pursued his education, earning a B.A. in Economics and an MBA in International Business. Having lived and worked in both corporate roles and with the U.S. government, he offers a unique perspective on the immigration and business landscapes in both regions. Over the years, he has successfully guided numerous investors through the EB-5 process, helping families relocate, establish businesses, and build their futures in the U.S.

Kiem's extensive experience includes living in California, Florida, and North Carolina, giving him firsthand insight into the diverse economic and cultural environments that new immigrants encounter. His expertise allows him to provide valuable guidance to families looking to invest, live, work, and grow businesses in the U.S.

In his new role at U.S. Immigration Fund, Kiem will focus on strengthening relationships with investors and partners across Southeast Asia, ensuring they have access to top-tier EB-5 investment opportunities. He is committed to enhancing education and transparency around the EB-5 program, empowering investors with the knowledge and confidence to make informed decisions about their future.

"I am excited to join U.S. Immigration Fund and work with a team dedicated to excellence in the EB-5 industry," said Kiem. "For many investors in Southeast Asia, EB-5 is not just about immigration—it's about securing better opportunities and a brighter future for their children. I look forward to helping families make informed decisions and achieve their long-term goals."

Ashley Flucas, Chief Strategy Officer & General Counsel of U.S. Immigration Fund, underscores the firm's commitment to investor support: "Kiem Nguyen brings a wealth of experience and an extensive network in the Southeast Asian market, making him an invaluable addition to our team as Vice President of Business Development, Head of South East Asia. His expertise will allow us to further support investors in navigating the EB-5 program with confidence. We look forward to working alongside Kiem as we continue our mission of providing world-class service and opportunities for those seeking to invest in the United States."

Since its founding, U.S. Immigration Fund has helped thousands of families navigate the EB-5 process, successfully funding large-scale real estate projects with billions in investment capital. With Kiem's leadership, U.S. Immigration Fund will continue expanding its global reach, providing exceptional service and investment opportunities to families in Southeast Asia seeking U.S. residency.

For more information or to schedule a consultation with Kiem Nguyen, use the links below.

Book a Consultation with Kiem

Visit our website

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

U.S. Immigration Fund Welcomes Kiem Nguyen as Vice President of Business Development, Head of Southeast Asia Market