About Freebeatfit
Freebeatfit is a company based in Atlanta (United States) founded in 2018 by Henry Fan and Bruce Chen. Freebeatfit has raised $20 million across 2 funding rounds from investors including Lanchi Venture Capital, GSR Ventures and SIG China. Freebeatfit offers products and services including Stationary Bikes and Fitness Classes.
- Headquarter Atlanta, United States
- Founders Henry Fan, Bruce Chen
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Sectors
Industrial Goods & Manufacturing
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Stochastic Technology Llc; Random Walk Limited
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$20 M (USD)
in 2 rounds
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Latest Funding Round
Not available
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Investors
Lanchi Venture Capital
& 2 more
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Employee Count
Not available
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Products & Services of Freebeatfit
Freebeatfit offers a comprehensive portfolio of products and services, including Stationary Bikes and Fitness Classes.
Stationary bikes are provided by freebeat for indoor cycling and full-body workouts, featuring gamified technologies and smart features.
On-demand fitness classes are offered by freebeat through apps and partnerships, including Les Mills programs and virtual events.
Funding Insights of Freebeatfit
Freebeatfit has successfully raised a total of $20M across 2 strategic funding rounds. 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.
Investors in Freebeatfit
Freebeatfit has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Lanchi Venture Capital, GSR Ventures and SIG China.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital fund investing in early-stage tech startups
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Tech companies in China are invested in by SIG China.
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Investments in early-stage technology companies are made by GSR Ventures.
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Investor details for Freebeatfit
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Investments & Acquisitions by Freebeatfit
Investment portfolio details for Freebeatfit
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Financial Statements - Freebeatfit
Detailed financials for Freebeatfit
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Freebeatfit Comparisons
Peer comparison for Freebeatfit
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Competitors of Freebeatfit
Detailed competitors of Freebeatfit
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Latest news on Freebeatfit
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Frequently Asked Questions about Freebeatfit
Freebeatfit was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Freebeatfit is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Bruce Chen is the current CEO of Freebeatfit. They have also founded this company.
Freebeatfit is a funded company, having raised a total of $20M across 2 funding rounds to date.
Freebeatfit was established in 2018 in Atlanta, United States, as a manufacturer in the fitness equipment sector. Operations are centered on producing and distributing fitness gear, with leadership provided by co-founders Bruce Chen as CEO and Henry Fan as COO. The companys domain, freebeatfit.com, supports its activities in the health and wellness industry across the region.
Freebeatfit offers Stationary Bikes and Fitness Classes.
Freebeatfit has 3 investors. Key investors include Lanchi Venture Capital, GSR Ventures, and SIG China.