Dallas Texas based Therabody is raising $165,000,000.00 in New Equity Investment.
Dallas, TX – According to filings with the U.S. Securities and Exchange Commission, Therabody is raising $165,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Benjamin Nazarian played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Therabody
Therabody is a pioneer in the wellness technology space, developing products and services that optimize human performance and unlock the bodys natural ability to achieve health and well-being. Founded by Dr. Jason Wersland to alleviate his own debilitating pain after a traumatic accident, he invented the category-defining percussive therapy device, Theragun which has been rooted in more than a decade of research and development. We empower people around the world to live healthier lives through a deeper understanding of their bodies and minds. Since our founding, the company has continued to pave the way with an innovative ecosystem of wellness solutions backed by science, including pneumatic compression (RecoveryAir), electrical stimulation (PowerDot), vibration therapy (Wave series), and USDA Certified Organic CBD (TheraOne). Science is fundamental to Therabodys DNA; using existing science combined with internal and external research to validate products and services.
To learn more about Therabody, visit http://www.therabody.com/
Contact:
Benjamin Nazarian, Chief Executive Officer
866-480-3526
https://www.linkedin.com/in/benjamin-nazarian-8681a4a/
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