Grokker Closes Series B Funding

 

SAN FRANCISCO  Grokker, an expert-led online and on demand fitness, yoga, meditation, and cooking video service, has closed a Series B round in financing, bringing the wellness startup to $22 million in total funding from SV Angel, First Round Capital, Khosla Ventures, Aspect Ventures, Interwest Partners, Comcast, and Correlation Ventures.

Yoga lovers can access Grokker’s network of renowned teachers on Comcast for $6.99 a month. In addition to the programming partnership, Comcast is also investing in Grokker’s latest round of funding.

“We are passionate about helping our subscribers enjoy yoga and fitness at home or on-the-go,” said Amy Banse of Comcast Ventures. “Grokker is the very best of the wellness and fitness apps, and with yoga as such a growing segment in the U.S., we believe our partnership and commitment to this holistic approach to health is a win-win for our shareholders, Grokker, and health minded consumers everywhere.”

Since launching its subscription service in 2015, Grokker has become the go-to resource for enthusiasts at every fitness level with a network of over 135­­ experts in yoga, fitness, meditation and healthy cooking. In addition to partnering with major cable providers, Grokker’s enterprise business has also seen rapid growth; companies including Pinterest and Synaptics leverage Grokker’s all-in-one wellness network as an employee wellness benefit package.

Grokker CEO and founder Lorna Borenstein said, “From the very beginning, we built Grokker with a mission to offer wellness to everyone, everywhere,” said Lorna Borenstein. “What better way to share the gift of wellness than to make it easily and very affordably available on Comcast? This partnership, in addition to our recent round of funding, and enterprise side of the business, is creating a new era for Grokker and helping us to connect with even more individuals in search of a health program that fits their lifestyle.”