About Altis
Altis is a company based in Fort Lauderdale (United States) founded in 2019 by Constantine Goltsev and Igor Magazinik. It operates as a AI-as-a-Service, and Direct-to-Consumer (D2C). Altis has raised $12 million across 3 funding rounds from investors including GoJuno, Mike Capps and Bill Flynn. Altis offers products and services including Altis AI Personal Trainer. Altis operates in a competitive market with competitors including Uplift, SOLO Workout, Impact Wrap, GymStory and COBI.bike, among others.
- Headquarter Fort Lauderdale, United States
- Founders Constantine Goltsev, Igor Magazinik
-
Sectors
Healthcare
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Altis Movement Technologies, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$12 M (USD)
in 3 rounds
-
Latest Funding Round
$3 M (USD), Seed
Apr 26, 2022
-
Investors
GoJuno
& 5 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Altis
Altis offers a comprehensive portfolio of products and services, including Altis AI Personal Trainer. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI-driven personal training for customized exercise guidance provided.
Unlock access to complete
Unlock access to complete
Unlock access to complete
Funding Insights of Altis
Altis has successfully raised a total of $12M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $3 million completed in April 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Seed — $3.0M
-
First Round
First Round
(01 Aug 2020)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Seed - Altis | Valuation |
investors |
|
| Feb, 2022 | Amount | Seed - Altis | Valuation | PentaLab | |
| Aug, 2020 | Amount | Seed - Altis | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Altis
Altis has secured backing from 6 investors, including angel and institutional investors. Prominent investors backing the company include GoJuno, Mike Capps and Bill Flynn. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
PentaLab is engaged in producing body and hair care products.
|
Founded Year | Domain | Location | |
|
On-demand cab rides are hailed via a mobile platform.
|
Founded Year | Domain | Location | |
|
A secure messaging and calling platform is provided by Viber.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Altis
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Altis
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Altis Comparisons
Competitors of Altis
Altis operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Uplift, SOLO Workout, Impact Wrap, GymStory and COBI.bike, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI platform for real-time body movement analysis is offered.
|
|
| domain | founded_year | HQ Location |
Gym equipment sensors for tracking workouts and exercises are provided.
|
|
| domain | founded_year | HQ Location |
Sensors for tracking punching bag workouts are provided.
|
|
| domain | founded_year | HQ Location |
Mobile-based application for tracking the workouts
|
|
| domain | founded_year | HQ Location |
Smart connected biking system with app and hardware is developed.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Altis
Frequently Asked Questions about Altis
When was Altis founded?
Altis was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Altis located?
Altis is headquartered in Fort Lauderdale, United States. It is registered at Fort Lauderdale, Florida, United States.
Is Altis a funded company?
Altis is a funded company, having raised a total of $12M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Aug 01, 2020.
What does Altis do?
Altis is engaged in developing AI-based personal training technology. Advanced computer vision is utilized to analyze body movements during exercise, offering real-time feedback and hyper-personalized workout plans. The compact console is designed to integrate seamlessly into home environments, ensuring fitness solutions are accessible without transforming living spaces into gyms. The sector of operation is primarily health and fitness technology, with an emphasis on personalized user experiences.
Who are the top competitors of Altis?
Altis's top competitors include Mirror, Uplift and SOLO Workout.
What products or services does Altis offer?
Altis offers Altis AI Personal Trainer.