Hyperice Valued at $700M After NBA, NFL Investments
October 9, 2020
Source: Sports Business Journal
Sports technology company Hyperice has reached a valuation of $700 million following investments from the NBA and NFL. The company specializes in recovery and performance technology, offering products like massage devices and compression wraps. The investments from professional sports leagues demonstrate the growing interest in sports technology and its potential to enhance athletes’ performance and recovery. Hyperice has been expanding its partnerships with prominent athletes and sports teams to promote its products and drive innovation in the field. The increased valuation reflects the company’s success and its position as a leader in the sports technology industry.