About FitXR
FitXR is a company based in London (United Kingdom) founded in 2016 by Lisa Mansson, Sameer Baroova, and Sam Cole.. FitXR has raised $11 million across 4 funding rounds from investors including Gov.uk, Maveron and Boost VC. FitXR offers products and services including FitXR App, Boxing Workouts, HIIT Workouts, and Dance Workouts. FitXR operates in a competitive market with competitors including Litesport, VirZOOM, Supernatural, Gym Class and ICAROS, among others.
- Headquarter London, United Kingdom
- Founders Lisa Mansson, Sameer Baroova, Sam Cole
- Stage Minicorn
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Sectors
HealthcareTechnology
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Phone
*********
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Website
*********
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Social
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- Legal Name Fitxr Limited
- Date of Incorporation 04 Mar, 2017
- Jurisdiction LONDON, ENGLAND
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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 M (USD)
in 4 rounds
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Latest Funding Round
$7.8 M (USD), Series A
Jul 10, 2020
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Investors
Gov.uk
& 7 more
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Employee Count
Employee Count
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Products & Services of FitXR
FitXR offers a comprehensive portfolio of products and services, including FitXR App, Boxing Workouts, HIIT Workouts, and Dance Workouts. 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.
App for immersive virtual reality workouts and class scheduling.
VR-based boxing exercises for cardio and strength training.
High-intensity interval training in virtual environments.
VR dance routines for full-body cardio and fun.
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Funding Insights of FitXR
FitXR has successfully raised a total of $11M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $7.8 million completed in July 2020. 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 4
- Last Round Series A — $7.8M
- First Round First Round
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2020 | Amount | Debt – Conventional - FitXR | Valuation |
investors |
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| Jul, 2020 | Amount | Series A - FitXR | Valuation | Hiro Capital | |
| Nov, 2018 | Amount | Seed - FitXR | Valuation |
investors |
| 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 FitXR
FitXR has secured backing from 8 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Gov.uk, Maveron and Boost VC. 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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Venture capital investments in consumer businesses, emphasizing technology and human behavior.
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Founded Year | Domain | Location | |
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Investing in Deep Tech and emerging technologies for 12 years.
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Founded Year | Domain | Location | |
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Early-stage investments are provided to technical teams by TenOneTen Ventures.
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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 FitXR
| 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 - FitXR
| 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 |
Fitxr Comparisons
Competitors of FitXR
FitXR 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 Litesport, VirZOOM, Supernatural, Gym Class and ICAROS, 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 |
VR fitness programs with real trainers are delivered via platform.
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| domain | founded_year | HQ Location |
VR-based fitness equipment is offered via immersive headsets and accessories.
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| domain | founded_year | HQ Location |
A VR fitness application is provided for Meta Quest.
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| domain | founded_year | HQ Location |
A VR platform is developed for workouts with friends.
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| domain | founded_year | HQ Location |
Virtual reality-based fitness machines are developed for full-body workouts.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Fitxr
Frequently Asked Questions about FitXR
When was FitXR founded?
FitXR was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is FitXR located?
FitXR is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is FitXR a funded company?
FitXR is a funded company, having raised a total of $11M across 4 funding rounds to date. The company's 1st funding round was a Seed of $3.2M, raised on Jun 01, 2017.
What does FitXR do?
FitXR was founded in 2016 in London, United Kingdom, focusing on the virtual reality fitness sector. An ecosystem is built to deliver guided, motivating, and entertaining fitness sessions through personalized coaching. The primary product, BOXVR, is offered as a compatible fitness game for HTC Vive, Oculus, and Steam platforms. Operations emphasize immersive VR workouts tailored to users needs.
Who are the top competitors of FitXR?
What products or services does FitXR offer?
FitXR offers FitXR App, Boxing Workouts, HIIT Workouts, and Dance Workouts.
Who are FitXR's investors?
What is FitXR's valuation?
The valuation of FitXR is $29.9M as of Jul 2020.