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MARIA SHARAPOVA INVESTS IN GLOBAL TECH WELLNESS BRAND THERABODY

Published September 2, 2020
Published September 2, 2020
Photo: via Therabody

Tennis champion and entrepreneur Maria Sharapova has made an investment in Therabody, formerly known as Theragun, the global leader in tech wellness and percussive massage therapy.

WHO: Theragun was created in 2008 and officially launched in 2016 by chiropractor Dr. Jason Wersland after suffering a life-altering injury. Building on over a decade of research and development, the brand’s Theragun Percussive Massage Therapy devices use proprietary state-of-the-art technology to effectively reduce muscle tension, accelerate recovery, and improve performance. In 2020, Theragun rebranded to Therabody, continuing its mission to provide natural wellness solutions through innovation in the percussive massage therapy space as well as launching its own US grown and USDA Certified Organic CBD line, TheraOne.

Maria Sharapova is a world-class tennis champion and entrepreneur. Outside of tennis, Maria is the founder and CEO of her premium candy brand Sugarpova, where she oversees the day-to-day decision-making and growth of the company. She is also an active investor and mentor, supporting the next generation of entrepreneurs. In addition to her work as an athlete and entrepreneur, Maria is passionate about design and architecture and brings a creative and hands-on approach to all of her projects.

IN THEIR OWN WORDS: “Throughout my career, as both an athlete and entrepreneur, it’s been important to me to work with brands and partners that have great potential and can have a positive impact,” said Sharapova. “Since Therabody’s launch, they have continued to demonstrate they are on the cutting-edge of combining technology, fitness, and wellness, bringing more balance to people’s lives. I’m thrilled to join the team as they continue their mission to transform and revolutionize the tech wellness space.”

“I am proud to welcome Maria Sharapova to our Therabody family as an investor and strategic advisor,” said Benjamin Nazarian, CEO of Therabody. “As we continue to innovate and offer whole-body wellness products, Maria shares Therabody’s vision to improve people’s lives with natural wellness solutions. As a former professional athlete, she knows exactly how to recover and take care of her body on and off the court. The Therabody team is excited to work with Maria to use that experience to share with our growing community to continue to change people’s lives.”

DETAILS:

  • Maria Sharapova has made an investment in Therabody. The terms of the deal were not disclosed.
  • Sharapova will play an instrumental role in supporting the company’s global growth strategy as a member of its Advisory Board.
  • Sharapova’s involvement will also help expand the company’s future wellness offerings, developing new products beyond its two current divisions of Theragun and TheraOne.
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