As working out goes virtual, Moxie raises $6.3 M seed+ round led by Resolute Ventures

As working out goes virtual, Moxie raises $6.3 M seed+ round led by Resolute Ventures

With the pandemic sending out the world inside to exercise, the at-home fitness market has boomed. It was just in October last year that three-year-old Future closed $24 million in Series B and Playbook (streaming for personal fitness instructors) raised $9.3 million in a Series A. Into this market launched Moxie, a platform that enabled fitness […] Moxie has actually now raised a $6.3 million “seed+” financing round led by Resolute Ventures, with involvement from Bessemer Ventures, Greycroft Ventures, Gokul Rajaram and additional investors. Jason Goldberg, CEO and creator, said in a declaration: “Moxie was born throughout the pandemic along with thousands of independent fitness instructors who were forced out of studios and fitness centers and suddenly had to become entrepreneurs and browse the new frontier of virtual physical fitness. Now we are seeing widespread adoption of online fitness into individuals’s lives, and Moxie’s development proves that these shifts in consumer behavior have staying power. Definitely, Moxie has actually handled to capitalize on the truth that while fitness centers are closed, it’s easy to do virtual classes.

Zwift, maker of a popular indoor training app, simply landed a tremendous $450 million in funding led by KKR

Zwift, maker of a popular indoor training app, simply landed a tremendous $450 million in funding led by KKR

Zwift, a 350-person, Long Beach, Calif.-based online physical fitness platform that immerses bicyclists and runners in 3D created worlds, simply raised a significant $450 million in funding led by the investment company KKR in exchange for a minority stake in its company. Permira and Specialized Bicycle’s venture capital fund, Zone 5 Ventures, also joined the round […] The company declined to share its active customer numbers with us– Zwift charges $15 per month for its service– however it apparently has a faithful base of users. Which leads us back to this giant round and what it will be utilized for. Today, in order to utilize the app, Zwift’s biking followers need to buy their own clever trainers, which can cost anywhere from $300 to $700 and are made by brands like Elite and Wahoo. Now, Zwift is jumping headfirst into the hardware company itself. …

Every Mother is a physical fitness streaming platform for brand-new and expecting mothers

Every Mother is a physical fitness streaming platform for brand-new and expecting mothers

When Allison Rapaport was pregnant for the first time, in 2013, she struggled to find workout classes that didn’t totally break the recommendations her OB-GYN gave her. Clashed on whether to trust online exercises or just slow down completely, Rapaport went to a personal trainer, Leah Keller. The outcome? A program that was clear, […]
Clashed on whether to rely on online workouts or just slow down completely, Rapaport went to an individual fitness instructor, Leah Keller. The business announced today that it has closed a$1.5 million seed round led by Courtside Ventures, with participation from Serena Williams’ Serena Ventures, Techstars Ventures, The Fund and prominent angels Robin Berzin of Parsley Health and Ilia Papas of Blue Apron. When asked about how Every Mom varies from a totally free Zoom workout class, Rapaport, who is presently 37 weeks pregnant with kid number 3 on the way, reacted,”It isn’t simply about being available, both from a medium and cost viewpoint. …