About Driftline
Driftline is a company based in Reykjavik (Iceland) founded in 2018 by Arnar Petursson, Steinar Sindri Agnarsson, and Agnar Steinarsson. Driftline has raised $350 thousand across 2 funding rounds. Driftline offers products and services including TrueZone app, The time machine, and Metabolic tracker. Driftline operates in a competitive market with competitors including Strava, STEPN, Runkeeper, Run Tour and Runmeter, among others.
- Headquarter Reykjavik, Iceland
- Founders Arnar Petursson, Steinar Sindri Agnarsson, Agnar Steinarsson
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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
Not available
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Net Profit
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EBITDA
Not available
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Total Equity Funding
$350 K (USD)
in 2 rounds
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Latest Funding Round
$350 K (USD), Seed
Dec 20, 2022
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Investors
Not available
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Employee Count
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Products & Services of Driftline
Driftline offers a comprehensive portfolio of products and services, including TrueZone app, The time machine, and Metabolic tracker.
Provides heart rate analytics for workout optimization and endurance metrics.
Offers race time predictions and endurance tracking tools.
Monitors resting metabolic rate and calorie expenditure data.
Funding Insights of Driftline
Driftline has successfully raised a total of $350K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $350 thousand 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.
Investments & Acquisitions by Driftline
Investment portfolio details for Driftline
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Financial Statements - Driftline
Detailed financials for Driftline
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Driftline Comparisons
Peer comparison for Driftline
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Competitors of Driftline
Driftline 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 Strava, STEPN, Runkeeper, Run Tour and Runmeter, among others.
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Subscription-based social networking platform for runners and cyclists
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Move-to-earn solutions are offered via a blockchain-based running app.
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Personal fitness is tracked and improved through a mobile application.
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It serves as a limited information available.
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Offers a comprehensive data analytics platform for runners.
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Physical fitness activities are tracked by a specialized training tool.
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Detailed competitors of Driftline
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Latest news on Driftline
Complete news archive for Driftline
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Frequently Asked Questions about Driftline
Driftline was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Driftline is headquartered in Reykjavik, Iceland.
Agnar Steinarsson is the current CEO of Driftline. They have also founded this company.
Driftline is a funded company, having raised a total of $350K across 2 funding rounds to date.
Driftline was founded in 2018 and is based in Reykjavik, Iceland. Wearable smartwatches designed for running are offered, with tracking of maximum heart rate, VO2Max, heart rate and speed thresholds, and post-workout recovery times. Operations center on independent devices compatible with any software in the fitness technology sector. Core services support activity monitoring for runners across various environments.
Driftline offers TrueZone app, The time machine, and Metabolic tracker.