Maria Sharapova has recently embarked on a new chapter in her post-tennis career by forming a long-term partnership with Therabody, a leading name in wellness technology. Known for its innovative Theragun massage devices, Therabody has become a favorite among athletes and celebrities, making it a fitting choice for Sharapova’s investment portfolio.
Since hanging up her racket in February, Sharapova has been actively seeking investment opportunities that resonate with her passion for health and wellness. Her investment strategy focuses on companies that offer groundbreaking solutions and innovative approaches, particularly in the wellness sector.
Sharapova’s investment endeavors have included a notable appearance on “Shark Tank,” where she teamed up with Mark Cuban to invest $900,000 in Bala Bangles, a company known for its stylish weighted wrist and ankle bands. Her latest venture with Therabody underscores her commitment to supporting pioneering health technologies.
Therabody: Revolutionizing Wellness
Sharapova was attracted to Therabody due to its state-of-the-art technology, which she describes as unmatched in the wellness industry. Her involvement will go beyond financial investment; she will also serve as an advisory board member and consultant, contributing to the brand’s global expansion and product development strategies.
While Sharapova has not disclosed the exact details of her investment, she has expressed her dedication to nurturing the company’s growth and innovation. She is committed to supporting brands that exhibit a unique approach and possess strong leadership with a forward-thinking vision.
Diversifying Her Investment Portfolio
Sharapova’s business acumen is evident in her diverse investment portfolio. In addition to Therabody and Bala Bangles, she has invested in Supergoop, a premium sunscreen brand, and launched her own candy company, Sugarpova, in 2012. Her investments reflect a strategic focus on brands that offer differentiation and potential for long-term success.
Throughout her career, both on and off the court, Sharapova has learned the importance of surrounding herself with knowledgeable experts and strong teams. She advises aspiring investors to conduct thorough research and due diligence before making investment decisions.
As Sharapova continues to expand her influence in the business world, her strategic investments in innovative wellness brands are poised to enhance her legacy as both a successful athlete and a savvy entrepreneur.