The Fitbit Force was displayed in the Fitbit booth at the 2014 International CES held in January at the Las Vegas Convention Center Photo by Justin SullivanGetty Images

The Fitbit Force was displayed in the Fitbit booth at the 2014 International CES held in January at the Las Vegas Convention Center. Photo by Justin Sullivan/Getty Images.

Three Fitness Companies Named to Top 25 'Most Innovative' List

Fitbit, TRX and Flywheel are among the top 25 most innovative consumer and retail brands cited by Entrepreneur magazine.

Fitbit, TRX and Flywheel are among the top 25 most innovative consumer and retail brands cited by Entrepreneur magazine.

The list was compiled by CircleUp, an equity-based crowdfunding website. CircleUp focused only on privately held companies and excluded companies it was working with or had worked with in the past. More than 200 nominations were received from a network of experts that consisted of private equity firms, consumer trade publications and third-party data providers, among others.

CircleUp chose Fitbit for its influence in the growing wearables market, TRX for developing a different method of working out and Flywheel for its impact on indoor cycling studios.

Read more about what CircleUp founder and CEO Ryan Caldbeck wrote about these and the rest of the top 25 companies in the Entrepreneur article.

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