Wellness technology firm Therabody has announced the close of its growth equity round with a total financial backing of $165 million. The capital raise, led by private equity firm North Castle Partners, includes existing investors such as Kevin Hart’s HartBeat Ventures and Aaron Rodgers’ Rx3 Ventures. J.P. Morgan served as Therabody’s financial advisor in connection with the transaction. The capital will be used to continue investments in hardware, software, services and digital content, said Therabody.
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