CLMBR

Denver, United States Founded: 2019 • Age: 7 yrs Acquired By FORME
Manufacturer of fitness equipment
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About CLMBR

CLMBR is a company based in Denver (United States) founded in 2019 by Nat Carruthers was acquired by FORME in October 2023.. CLMBR has raised $19.42 million across 4 funding rounds from investors including FORME, KBW Ventures and Marco Borges. CLMBR offers products and services including Vertical Climber Machine and Membership Services.

  • Headquarter Denver, United States
  • Founders Nat Carruthers
  • Sectors
    Industrial Goods & Manufacturing
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Clmbr, Inc.
Operational Areas
Industrial Goods & Manufacturing → Industrial Equipment & Machinery
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $19.42 M (USD)

    in 4 rounds

  • Latest Funding Round
    $8.75 M (USD), Series B

    Dec 22, 2022

  • Investors
    FORME

    & 2 more

  • Employee Count
    Employee Count
  • Acquired by
    FORME

    (Oct 11, 2023)

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Products & Services of CLMBR

CLMBR offers a comprehensive portfolio of products and services, including Vertical Climber Machine and Membership Services. 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.

Primary

A machine is provided that offers full-body workouts through vertical climbing, which is recognized for its low-impact and effective combination of cardio and strength training.

Services are offered that include training, education, and support for both commercial and in-home use, facilitating access to workouts and community features.

People of CLMBR
Headcount 10-50
Employee Profiles 4
Board Members and Advisors 11
Employee Profiles
People
Avrum Elmakis
Founder and CEO
People
Brett M. Lange
Marketing Director
People
Christa Dellebovi
Director of Training & Education
People
Lauren Hobson
Sales Operations Manager

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Board Members and Advisors
people
Sekou Kaalund
Advisor
people
Dan Gross
Advisor
people
Debbie Carosella
Advisor
people
Timothy R. Kuklo
Medical Advisor

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Funding Insights of CLMBR

CLMBR has successfully raised a total of $19.42M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $8.75 million completed in December 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 Rounds 4
  • Last Round Series B — $8.8M
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2022 Amount Series B - CLMBR Valuation

investors

Mar, 2021 Amount Series A - CLMBR Valuation

investors

Dec, 2020 Amount Debt – Conventional - CLMBR 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 CLMBR

CLMBR has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include FORME, KBW Ventures and Marco Borges. 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.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Venture capital investments are made in future-driven technologies.
Founded Year Domain Location

Marco Borges

Indian angel investor focusing on early-stage startups in tech and consumer sectors.
Founded Year Domain Location
Smart exercising equipment is provided for personalized home fitness training.
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 CLMBR

Investments
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 - CLMBR

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Clmbr Comparisons

Employees
+
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Competitors of CLMBR

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 Clmbr

Frequently Asked Questions about CLMBR

When was CLMBR founded?

CLMBR was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Where is CLMBR located?

CLMBR is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.

Is CLMBR a funded company?

CLMBR is a funded company, having raised a total of $19.42M across 4 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $3.38M, raised on Oct 29, 2020.

What does CLMBR do?

CLMBR was established in 2019 in Denver, United States, as a manufacturer within the fitness equipment sector. Operations involve the production of climbing-focused machines designed for workout facilities and home use. The company is led by co-founder Nat Carruthers, with activities centered on developing durable, user-friendly fitness solutions. Distribution occurs primarily in the domestic market, supporting health and wellness applications.

What products or services does CLMBR offer?

CLMBR offers Vertical Climber Machine and Membership Services.

Who are CLMBR's investors?

CLMBR has 3 investors. Key investors include FORME, KBW Ventures, and Marco Borges.

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