About Fitbudd
Fitbudd is a company based in Gurugram (India) founded in 2021 by Naman Singhal, Saumya Mittal, and Pranav Chaturvedi.. Fitbudd has raised $3.4 million across 1 funding round from investors including Accel, Waveform Venture and Sequoia Capital. The company has 43 employees as of April 08, 2024. Fitbudd offers products and services including Branded App, Website Builder, and Progress Tracking. Fitbudd operates in a competitive market with competitors including Mindbody, Virtuagym, Glofox, Care Line Live and WellnessLiving, among others.
- Headquarter Gurugram, India
- Employees 43 as on 08 Apr, 2024
- Founders Naman Singhal, Saumya Mittal, Pranav Chaturvedi
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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 Fitbudd Software Private Limited
- Date of Incorporation 20 Apr, 2021
- Jurisdiction Gurugram, Haryana, India
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Annual Revenue
$1.31 M (USD)101.69as on Mar 31, 2023
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Net Profit
$88.77 K (USD)2766.88as on Mar 31, 2023
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EBITDA
$133.2 K (USD)1172.71as on Mar 31, 2023
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Total Equity Funding
$3.4 M (USD)
in 1 rounds
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Latest Funding Round
$3.4 M (USD), Seed
Oct 12, 2022
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Investors
Accel
& 3 more
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Employee Count
43
as on Apr 08, 2024
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Products & Services of Fitbudd
Fitbudd offers a comprehensive portfolio of products and services, including Branded App, Website Builder, and Progress Tracking. 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.
Custom app for fitness coaching, tracking, and client engagement.
Tool for creating branded websites to sell fitness plans online.
System to monitor client fitness goals and performance data.
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Funding Insights of Fitbudd
Fitbudd has successfully raised a total of $3.4M through 1 strategic funding round. The most recent funding activity was a Seed round of $3.4 million completed in October 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 Seed — $3.4M
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First Round
First Round
(12 Oct 2022)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Seed - Fitbudd | Valuation | Accel , Sequoia Capital |
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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 Fitbudd
Fitbudd has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Accel, Waveform Venture and Sequoia Capital. 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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Accel is recognized as a leading venture capital firm.
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Founded Year | Domain | Location | |
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Sequoia Capital is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Venture capital firm investing in early stage startups
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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 Fitbudd
| 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 - Fitbudd
| 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 |
Fitbudd Comparisons
Competitors of Fitbudd
Fitbudd 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 Mindbody, Virtuagym, Glofox, Care Line Live and WellnessLiving, 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 |
Provider of SaaS-driven business management software for beauty salons and fitness centers
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| domain | founded_year | HQ Location |
Online workout plans and nutrition tracking are offered to users.
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| domain | founded_year | HQ Location |
Provider of gym and studio management software and custom mobile apps
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| domain | founded_year | HQ Location |
Cloud-based platform for home care scheduling and management is offered.
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| domain | founded_year | HQ Location |
Provider of all-in-one business management software for wellness businesses
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Fitbudd
When was Fitbudd founded?
Fitbudd was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Fitbudd located?
Fitbudd is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of Fitbudd?
Saumya Mittal is the current CEO of Fitbudd. They have also founded this company.
Is Fitbudd a funded company?
Fitbudd is a funded company, having raised a total of $3.4M across 1 funding round to date. The company's 1st funding round was a Seed of $3.4M, raised on Oct 12, 2022.
How many employees does Fitbudd have?
As of Apr 08, 2024, the latest employee count at Fitbudd is 43.
What is the annual revenue of Fitbudd?
Annual revenue of Fitbudd is $1.31M as on Mar 31, 2023.
What does Fitbudd do?
Fitbudd was founded in 2021 in Gurugram, India, as a cloud-based platform serving the fitness sector. Operations focus on enabling personal trainers to handle client management, billing, and personalized training plans online. Customized workouts and meal plans are created and shared, while routines, messages, documents, and photos are stored securely for client access. The service supports scaling of coaching businesses through integrated tools.
Who are the top competitors of Fitbudd?
What products or services does Fitbudd offer?
Fitbudd offers Branded App, Website Builder, and Progress Tracking.
Who are Fitbudd's investors?
Fitbudd has 4 investors. Key investors include Accel, Waveform Venture, Sequoia Capital, and Beenext.