About Buddyfit
Buddyfit is a company based in Genoa (Italy) founded in 2019 was acquired by Gymondo in September 2024. Buddyfit has raised $10.72 million across 1 funding round from investors including RCS MediaGroup, Azimut Group and Gymondo. Buddyfit offers products and services including Buddyfit App and Workout Classes. Buddyfit operates in a competitive market with competitors including IFit, Zwift, Fitterfly, Kaia Health and Keleya, among others.
- Headquarter Genoa, Italy
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Gymondo Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10.72 M (USD)
in 1 rounds
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Latest Funding Round
$10.72 M (USD), Series A
Jun 06, 2022
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Investors
RCS MediaGroup
& 3 more
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Employee Count
Employee Count
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Acquired by
Gymondo
(Sep 10, 2024)
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Products & Services of Buddyfit
Buddyfit offers a comprehensive portfolio of products and services, including Buddyfit App and Workout Classes.
Mobile app for home-based workouts and nutrition guidance.
Interactive fitness sessions via app for various user levels.
People of Buddyfit
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Funding Insights of Buddyfit
Buddyfit has successfully raised a total of $10.72M through 1 strategic funding round. The most recent funding activity was a Series A round of $10.72 million completed in June 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 1
- Last Round Series A — $10.7M
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First Round
First Round
(06 Jun 2022)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Series A - Buddyfit | Valuation |
investors |
Investors in Buddyfit
Buddyfit has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include RCS MediaGroup, Azimut Group and Gymondo.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Azimut Group is engaged in asset and wealth management services.
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Founded Year | Domain | Location | |
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Media publishing, advertising brokerage, and internet search are operated.
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Founded Year | Domain | Location | |
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Italian media conglomerate
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Founded Year | Domain | Location |
Investments & Acquisitions by Buddyfit
Financial Statements - Buddyfit
Buddyfit Comparisons
Competitors of Buddyfit
Buddyfit 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 IFit, Zwift, Fitterfly, Kaia Health and Keleya, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Smart interactive fitness equipment and training services are provided.
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| domain | founded_year | HQ Location |
Gamified indoor cycling training is delivered via an app-based platform.
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| domain | founded_year | HQ Location |
A mobile app is offered for managing multiple chronic diseases.
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| domain | founded_year | HQ Location |
Provider of digital musculoskeletal pain management solutions
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| domain | founded_year | HQ Location |
App offering exercise and yoga plans for pregnant women
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| domain | founded_year | HQ Location |
Provider of gamified health and wellness programs
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Frequently Asked Questions about Buddyfit
Buddyfit was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Buddyfit is headquartered in Genoa, Italy. It is registered at Genoa, Liguria, Italy.
Buddyfit is a funded company, having raised a total of $10.72M across 1 funding round to date. The company's 1st funding round was a Series A of $10.72M, raised on Jun 06, 2022.
Buddyfit was established in 2019 in Genoa, Italy, within the fitness sector. An online platform is operated to deliver training programs through live streaming and recorded videos. Various workout types, including cardio, HIIT, pilates, yoga, and booty barre, are provided by experts. Users are enabled to select programs suited to their preferences, with services focused on accessible digital fitness delivery.
Buddyfit's top competitors include IFit, Fitterfly and Kaia Health.
Buddyfit offers Buddyfit App and Workout Classes.
Buddyfit has 4 investors. Key investors include RCS MediaGroup, Azimut Group, Gymondo, and Cairo Communication.