About Fitplan
Fitplan is a company based in Vancouver (Canada) founded in 2015.. Fitplan has raised $11.35 million across 3 funding rounds from investors including Lerer Hippeau, A-Rod and Corazon Capital. Fitplan offers products and services including Fitplan App, Fitness Plans, and Motivational Blog. Fitplan operates in a competitive market with competitors including Keep, Runna, Aaptiv, Future and Bold, among others.
- Headquarter Vancouver, Canada
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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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- Legal Name Fitplan Technologies, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$11.35 M (USD)
in 3 rounds
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Latest Funding Round
$4.5 M (USD), Series A
Sep 09, 2019
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Investors
Lerer Hippeau
& 8 more
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Employee Count
Employee Count
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Products & Services of Fitplan
Fitplan offers a comprehensive portfolio of products and services, including Fitplan App, Fitness Plans, and Motivational Blog. 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.
Mobile app delivering personalized workout plans and tracking features.
Customized routines with HD videos for strength and endurance building.
Provides tips and resources to support user fitness journeys.
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Funding Insights of Fitplan
Fitplan has successfully raised a total of $11.35M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $4.5 million completed in September 2019. 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 3
- Last Round Series A — $4.5M
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First Round
First Round
(16 May 2018)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2019 | Amount | Series A - Fitplan | Valuation | Corazon Capital , Sam Yagan | |
| Jun, 2018 | Amount | Series A - Fitplan | Valuation | Lerer Hippeau , Imaginary |
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| May, 2018 | Amount | Seed - Fitplan | Valuation |
investors |
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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 Fitplan
Fitplan has secured backing from 9 investors, including venture fund and angel investors. Prominent investors backing the company include Lerer Hippeau, A-Rod and Corazon 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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Founded Year | Domain | Location | |
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USA focused VC firm investing in seed and early stage startups
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Founded Year | Domain | Location | |
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Seed & early stage tech-focused venture capital firm investing in the US and Canada
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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 Fitplan
| 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 - Fitplan
| 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 |
Fitplan Comparisons
Competitors of Fitplan
Fitplan 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 Keep, Runna, Aaptiv, Future and Bold, 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 |
App-based fitness training and social bookmarking services are provided.
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| domain | founded_year | HQ Location |
Personalized running training programs are delivered via an application.
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| domain | founded_year | HQ Location |
Audio-based fitness training is delivered through a mobile application.
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| domain | founded_year | HQ Location |
Expert-led fitness programs are delivered via an online platform.
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| domain | founded_year | HQ Location |
Personalized online fitness programs for older adults are provided.
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| domain | founded_year | HQ Location |
Online platform offering fitness guidance
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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 Fitplan
When was Fitplan founded?
Fitplan was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is Fitplan located?
Fitplan is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Is Fitplan a funded company?
Fitplan is a funded company, having raised a total of $11.35M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2.15M, raised on May 16, 2018.
What does Fitplan do?
Fitplan was founded in 2015 in Vancouver, Canada, within the health and fitness technology sector. An app is operated to provide on-demand workouts and diet solutions developed by athletes. Subscribers are enabled to select from various training programs. Personalized and timely methods are supplied by established fitness leaders, supporting user access to structured exercise and nutrition guidance.
What products or services does Fitplan offer?
Fitplan offers Fitplan App, Fitness Plans, and Motivational Blog.
Who are Fitplan's investors?
Fitplan has 9 investors. Key investors include Lerer Hippeau, A-Rod, Corazon Capital, Sam Yagan, and Bullpen Capital.