About FITtoken
FITtoken is a Healthcare company based in South Africa founded in 2021. It operates as an utility tokens for gyms are provided by FITtoken platform. FITtoken has raised $1.04 million across 1 funding round from investors including Tutellus. FITtoken offers products and services including FITtoken DAPP, FITtoken Move, and FITtoken Retos. Its focus areas include HealthTech, Fitness & Wellness Tech, Physical Fitness and Fitness and Diet Training Apps. Its competitors include Sweat Economy, Moonwalk Fitness, Step App, LILLIUS and 300FIT meta and 4 more; 2 of its 9 listed competitors have raised funding.
Company details
FITtoken was established in 2021 in South Africa as a platform in the cryptocurrency sector. Utility tokens tailored for gyms are offered, enabling users to access fitness-related services. These tokens are designed for exchange into other cryptocurrencies or FIAT currencies at any time, supporting seamless transactions within the ecosystem. Operations focus on integrating blockchain technology with gym memberships and rewards.
- Headquarters South Africa
- SectorsHealthcare
- Website fittoken.io
- Social LinkedIn X Instagram
- Total Equity Funding$1.04M (USD)
in 1 rounds
- Latest Funding Round$1.04M (USD), Seed
Nov 2021
- Investors
Products & Services of FITtoken
FITtoken offers a comprehensive portfolio of products and services, including FITtoken DAPP, FITtoken Move, and FITtoken Retos.
Application for tracking activities and earning rewards tokens
Feature to monitor movement and convert steps into tokens
Gamified system for fitness goals and token rewards
Apps and channels of FITtoken
FITtoken publishes 2 mobile apps with over 1K+ downloads.
Funding Insights of FITtoken
FITtoken has successfully raised a total of $1.04M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.04 million completed in November 2021. 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 $1.04M
- Total Rounds 1
- Last Round Seed — $1.04M
- First Round $1.04M
(Nov 2021)
- Investors Count 1
All 1 funding rounds of FITtoken with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2021 | $1.04M | Seed | – | – |
1 investors in total: 1 institutional.
Investors in FITtoken
FITtoken has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Tutellus.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provides crypto tools for token trading, staking, and Web3 education. | 2012 | tutellus.io | Madrid, Spain |
Investor details for FITtoken
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Round participation
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Timeline of FITtoken
2 dated milestones of FITtoken, from founding to its latest funding, stage changes and deals.
- Founded FITtoken is founded.
- Funding First funding round of $1.0M.
Competitors of FITtoken
FITtoken has 9 listed competitors in our database, 2 of them funded. They include Sweat Economy, Moonwalk Fitness, Step App, LILLIUS and 300FIT meta, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sweateconomy.com | 2015 | United Kingdom | $13M | – | Provider of reward-based fitness training platform | |
| moonwalkfitness.com | 2024 | Collierville, United States | $2.9M | – | Fitness studio offering personalized workout programs, group classes, and wellness services | |
| step.app | 2022 | Dubai, United Arab Emirates | – | – | Physical activity is incentivized by Web3 app for financial rewards. | |
| lillius.net | 2020 | South Korea | – | – | AI-powered sports challenges and rewards are delivered via a platform. | |
| 300fitmeta.com | 2021 | Seongnam-si, South Korea | – | – | An online platform offering reward-based fitness challenges to motivate and engage users. | |
| moverse.app | 2021 | Ras Al-khaimah, United Arab Emirates | – | – | Fitness app rewards NFTs for exercises and healthy habits. | |
| moverse.run | 2022 | Tallinn, Estonia | – | – | Interactive fitness games are delivered via an app-based platform. | |
| runtogether.net | 2021 | – | – | – | Running activities are gamified with crypto and NFT rewards. | |
| fitscrypt.com | 2022 | Algonac, United States | – | – | A mobile app that offers cryptocurrency rewards for completing fitness challenges. |
Detailed competitors of FITtoken
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Top companies in Fitness & Wellness Platforms
10 companies that operate in the same segment as FITtoken (Fitness & Wellness Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Smart fitness equipment and streaming platforms are provided. | 2011 | New York, New York, United States | USD 995.53 M | USD 2.45 B | 2,894 | |
Provider of fitness memberships encompassing group classes, gyms, and at-home workouts | 2016 | Bengaluru, Karnataka, India | USD 716.99 M | – | 1,832 | |
Fitness class memberships are offered across various gyms and studios. | 2013 | New York, New York, United States | USD 550 M | – | 969 | |
Connected devices for health, sleep, and activity monitoring are developed. | 2008 | Moulineaux, Seine-maritime, France | USD 93.83 M | – | – | |
Subscription-based social networking platform for runners and cyclists | 2009 | San Francisco, California, United States | USD 180 M | – | 999 | |
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 | |
Health-tracking smart rings and biosensors are developed for biometric monitoring. | 2013 | Oulu, North Ostrobothnia, Finland | USD 1.32 B | USD 398.5 M | 1,632 | |
Provider of SaaS-driven business management software for beauty salons and fitness centers | 2001 | San Luis Obispo, California, United States | USD 118.01 M | – | – | |
Smartwatches and fitness trackers are provided for activity monitoring. | 2007 | San Francisco, California, United States | USD 65.05 M | USD 3.88 | – | |
Subscription-based marketplace for sports and fitness venues is offered. | 2012 | Berlin, Berlin, Germany | USD 198.07 M | – | – |
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Related news about Fittoken
Complete news archive for FITtoken
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Frequently Asked Questions about FITtoken
FITtoken was founded in 2021.
FITtoken is headquartered in South Africa.
FITtoken is a funded company, having raised a total of $1.04M across 1 funding round to date. The company's 1st funding round was a Seed of $1.04M, raised on Nov 2021.
FITtoken was established in 2021 in South Africa as a platform in the cryptocurrency sector. Utility tokens tailored for gyms are offered, enabling users to access fitness-related services. These tokens are designed for exchange into other cryptocurrencies or FIAT currencies at any time, supporting seamless transactions within the ecosystem. Operations focus on integrating blockchain technology with gym memberships and rewards.
FITtoken's top competitors include Sweat Economy, Run Together and Moverse.
FITtoken offers FITtoken DAPP, FITtoken Move, and FITtoken Retos.
FITtoken has 1 investor. Key investors include Tutellus.
Yes. FITtoken publishes Fittoken Move and 1 more app, with over 1,000 downloads.