- December 6, 2017
- Posted by:
- Category: FundingSMEs.com
Aaptiv, one of the world’s largest digital health companies with 200,000 paying members, announced its Series A funding of $12 million and Series B funding of $26 million, both led by Insight Venture Partners, along with existing investors Arena Ventures, Pear Ventures and Switch VC. This funding will be used to enhance the member experience and fuel growth.
Aaptiv is a digital health company that provides unlimited access to audio-based fitness classes, programs, and challenges created by expert trainers. Featuring workouts for cardio, strength, meditation and more, classes are paired with amazing playlists for inspiring and effective music driven experiences.
Headquartered in New York City, and launched in 2015, Aaptiv offers more than 2,500 classes on the platform. Fifteen active trainers create classes, with 30+ new classes added every week. Each class is individually produced in a professional recording space, with state-of-the-art sound mixing technology powered by a talented sound engineering team.
For $9.99 a month or $99.99 for the year, members get unlimited, on-demand access to classes. Access to exceptional personal training has never been easier, coming at a fraction of the cost of hiring a personal trainer, purchasing expensive equipment, or being confined to one fitness location.
|Founder / CEO||Ethan Agarwal|
|Deal Size||$ 38M|
|Investors||Insight Venture Partners|
|Previous Investors||Paul Arnold|