About Freebeatfit
Freebeatfit is an Industrial Goods & Manufacturing company based in Atlanta (United States) founded in 2018 by Henry Fan and Bruce Chen. Fitness equipment is manufactured by Freebeatfit for various markets. Freebeatfit has raised $20 million across 2 funding rounds from investors including Lanchi Venture Capital, GSR Ventures and SIG China. Its chief executive, as recorded, is Bruce Chen. Its website freebeatfit.com draws about 97 thousand monthly visits. Freebeatfit offers products and services including Stationary Bikes and Fitness Classes. Its focus areas include Healthcare and Fitness Equipment Manufacturers. Its legal entity is Stochastic Technology LLC; Random Walk Limited.
Company details
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.
- Headquarters Atlanta, United States
- Founders Henry Fan, Bruce Chen
- SectorsIndustrial Goods & Manufacturing
- Website freebeatfit.com
- Social X Facebook Instagram YouTube
- Legal Name Stochastic Technology Llc; Random Walk Limited
- Total Equity Funding$20M (USD)
in 2 rounds
- InvestorsLanchi Venture Capital
& 2 more
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.
Apps and channels of Freebeatfit
its YouTube channel freebeat has 1.44K subscribers and 30 videos.
Videos from Freebeatfit
The most watched videos on Freebeatfit's YouTube channel, freebeat (1.44K subscribers). Click a video to play it here.
More on freebeat.
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.
- Total Funding $20M
- Total Rounds 2
- First Round $20M
(Aug 2021)
- Investors Count 3
All 2 funding rounds of Freebeatfit 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 2022 | Series B | – | Lanchi Venture Capital | – | |
| Aug 2021 | $20M | Series B | – | – |
3 investors in total: 3 institutional.
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 |
|---|---|---|---|---|
Venture capital fund investing in early-stage tech startups | 2005 | lanchiventures.com | Chaoyang, China | |
Tech companies in China are invested in by SIG China. | sig-china.com | Shanghai, China | ||
Investments in early-stage technology companies are made by GSR Ventures. | gsrventures.com | Beijing, China |
Investor details for Freebeatfit
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Freebeatfit
2 people are tracked at Freebeatfit (2 in leadership).
| Name | Role | Group |
|---|---|---|
Henry Fan | Co-Founder & COO | Leadership |
Bruce Chen | Co-Founder & CEO | Leadership |
Complete people profiles for Freebeatfit
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Freebeatfit
3 dated milestones of Freebeatfit across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Freebeatfit is founded.
- Funding First funding round of $20.0M.
- Funding Latest funding round, Series B,.
Web traffic of Freebeatfit
The website of Freebeatfit (freebeatfit.com) receives about 96.7K visits a month.
- Monthly visits96.7K
▲ 60.8% vs previous month
Websites whose visitors overlap most with Freebeatfit. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
mtbiking.com.au | mtbiking.com.au | 100% | #1,907,350 | – | |
elecycles.com | elecycles.com | 88% | #3,410,687 | – | |
| bikesonline.com.au | 82% | #99,544 | View details | ||
discerningcyclist.com | discerningcyclist.com | 82% | #912,793 | – | |
cyclingabout.com | cyclingabout.com | 82% | #312,823 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 24 similar websites and full traffic analytics for Freebeatfit
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 24 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Fitness & Commercial Equipment
3 companies that operate in the same segment as Freebeatfit (Fitness & Commercial Equipment) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of fitness equipment | 2019 | Denver, Colorado, United States | USD 19.42 M | |||
AFC Industries is recognized for manufacturing ergonomic furniture solutions. | 1994 | New York, New York, United States | ||||
Fitness equipment is manufactured for various workout applications. | 2016 | West Hollywood, California, United States | USD 1.45 M |
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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 CEO of Freebeatfit, as recorded in our data. They have also founded this company.
Freebeatfit is a funded company, having raised a total of $20M across 2 funding rounds to date. The company's 1st funding round was a Series B of $20M, raised on Aug 2021.
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.
Freebeatfit operates through Stochastic Technology Llc; Random Walk Limited.