fitness app

By Jonah Comstock May 23, 2018
Amsterdam-based fitness app company Virtuagym has raised $7 million (6 million euros) in its second round of funding. European tech investor Endeit Capital led the round.  "Technology is gaining momentum in the health and fitness industry," Hugo Braam, CEO of Virtuagym, said in a statement. "As a front-runner in the space we've been promoting technology for over a decade now, and it's great to...
By Dave Muoio March 30, 2018
Under Armour has notified users of its MyFitnessPal food and nutrition app of a large-scale user data breach that occurred in late February. The company’s investigation into the breach is ongoing, according to a statement, but so far indicates that the usernames, email addresses, and passwords of approximately 150 million users have been compromised. “We understand that you value your privacy and...
By Dave Muoio February 12, 2018
HealthifyMe, an Indian company offering a weight loss and fitness app that features an artificial intelligence-powered assistant, has raised $12 million in Series B funding. The round was led by Sistema Asia Fund, with Samsung NEXT, Atlas Asset Management, Dream Incubator, and others supporting the company for the first time. Returning investors IDG Ventures India, Inventus Capital, Blume...
By Laura Lovett January 18, 2018
Earning a little extra toward workout products and fitness classes could be as easy as tracking the steps you take outside. London-based Sweatcoin, a company which “pays” users a digital currency based on their daily steps, has just landed $5.7 million in a funding round led by Goodwater Capital with participation from  Seedcamp, Greylock Partners, Rubylight, SmartHub, and several angel investors...
By Dave Muoio December 19, 2017
London-based Fiit announced that it has secured $3.2 million (£2.4 million) in funding for its app-based fitness coaching service with an accompanying wearable tracker. The round was led by London-based Connect Ventures, with participation from JamJar, Rooks Nest Ventures, and Westminster Capital. “Traditional gyms and studios have limitations for most people because they haven’t successfully...
By Laura Lovett December 19, 2017
Last week Japanese sports apparel company ASICS announced the launch of its new mobile fitness app, ASICS Studio. The app gives users access to on-demand workouts, including trainer-led audio, curated playlists and visual cues.  The company aims to replicate workouts at boutique fitness classes. The workouts have all been created by professional trainers and are paired with a curated music...
By Jonah Comstock December 5, 2017
Under Armour announced a number of executive changes that affect the sports apparel company’s Connected Fitness business, including the departure of MyFitnessPal founders Mike and Albert Lee, the company’s Chief Digital Officer and SVP Digital Product, respectively. “We're appreciative of the nearly three years that Mike and Al have fully and generously served at Under Armour following the...
By Heather Mack June 19, 2017
New York-based ClassPass, a virtual fitness membership network, has raised $70 million in Series C funding in a round led by Temasek. Existing investors Acequia Capital, CRV, General Catalyst, GV, M13 and Thrive also contributed to the funding, which ClassPass will use to expand operations and develop new products. ClassPass, which was founded in 2013, uses an app to connect users to fitness...
By Heather Mack May 30, 2017
Backed by $3.7 million in funding led by Greylock Partners, San Francisco-based fitness app company Gixo has officially launched its subscription-based live workout app to Android and iOS. Cowboy Ventures and xSeed Capital also contributed funding to the round. It’s hardly the only fitness app out there, but Gixo is trying to set itself apart by being one of the most approachable and easy to fit...
By Heather Mack February 22, 2017
Digital diabetes management company Omada Health has brought on federal policy veteran Lucia Savage as their new Chief Privacy and Regulatory Officer. Savage, who previously worked as Chief Privacy Officer at the Office of the National Coordinator for IT, will lead Omada’s legal and compliance team. In her new role, Savage will lead Omada’s regulatory strategy and ensure the privacy and security...

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