About BurnFit
BurnFit is a company based in Seoul (South Korea) founded in 2020.. BurnFit operates in a competitive market with competitors including HeiaHeia, Hevy, TrainerRoad, Redify and Simple Workout Log, among others.
- Headquarter Seoul, South Korea
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Sectors
Healthcare
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Strong Ventures
& 2 more
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Employee Count
Employee Count
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Funding Insights of BurnFit
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Seed - BurnFit | Valuation | Strong Ventures , VNTG |
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| Jul, 2022 | Amount | Angel Round - BurnFit | Valuation | Shilpa Shetty Kundra |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in BurnFit
BurnFit has secured backing from 3 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Strong Ventures, VNTG and Shilpa Shetty Kundra. 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 |
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Founded Year | Domain | Location | |
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VNTG is focused on vintage photo editing through mobile applications.
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Founded Year | Domain | Location | |
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SS
Shilpa Shetty Kundra |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by BurnFit
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - BurnFit
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Burnfit Comparisons
Competitors of BurnFit
BurnFit 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 HeiaHeia, Hevy, TrainerRoad, Redify and Simple Workout Log, 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 |
Gamified physical activity tracking is offered to individuals and employers.
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| domain | founded_year | HQ Location |
Free app for logging workouts, planning routines, and tracking progress with community features.
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| domain | founded_year | HQ Location |
Provides AI-driven cycling training plans, adaptive workouts, and performance insights for cyclists.
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| domain | founded_year | HQ Location |
Provider of app for monitoring health & wellness
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| domain | founded_year | HQ Location |
A user-friendly app for tracking workouts and monitoring fitness progress.
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| domain | founded_year | HQ Location |
Offers a mobile app for tracking and managing fitness activities.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about BurnFit
When was BurnFit founded?
BurnFit was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is BurnFit located?
BurnFit is headquartered in Seoul, South Korea.
What does BurnFit do?
BurnFit was founded in 2020 in Seoul, South Korea, within the fitness technology sector. An app is offered for tracking workouts, analyzing exercises, and monitoring progress during strength training sessions. Personalized programs are generated, data is recorded and managed, and routines are structured to support user fitness goals. Operations focus on transforming exercise sessions into structured experiences through digital tools.
Who are the top competitors of BurnFit?
BurnFit's top competitors include HeiaHeia, Redify and Modius Health.
Who are BurnFit's investors?
BurnFit has 3 investors. Key investors include Strong Ventures, VNTG, and Shilpa Shetty Kundra.