About Freeletics
Freeletics is a company based in Munchen (Germany) founded in 2013.. Freeletics has raised $70 million across 3 funding rounds from investors including FitLab, JAZZ Venture Partners and Causeway. Freeletics operates in a competitive market with competitors including HealthifyMe, FITTR, CALIBER, CoachCare and 8fit, among others.
- Headquarter Munchen, Germany
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Freeletics Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$70 M (USD)
in 3 rounds
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Latest Funding Round
$25 M (USD), Series B
Sep 23, 2020
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Investors
FitLab
& 10 more
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Employee Count
Employee Count
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Funding Insights of Freeletics
Freeletics has successfully raised a total of $70M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $25 million completed in September 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 3
- Last Round Series B — $25.0M
- First Round First Round
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2020 | Amount | Series B - Freeletics | Valuation | JAZZ Venture Partners , Causeway | |
| Dec, 2018 | Amount | Series A - Freeletics | Valuation | Causeway , JAZZ Venture Partners | |
| Aug, 2018 | Amount | Seed - Freeletics | Valuation | FITLAB Fitness Club |
| 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 Freeletics
Freeletics has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include FitLab, JAZZ Venture Partners and Causeway. 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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Tech & Life Science focused VC firm investing in the US
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Founded Year | Domain | Location | |
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Growth-stage investments are made in sports media and technology firms.
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Founded Year | Domain | Location | |
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Seed and early-stage tech investments are managed by Courtside 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 Freeletics
| 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 - Freeletics
| 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 |
Freeletics Comparisons
Competitors of Freeletics
Freeletics 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 HealthifyMe, FITTR, CALIBER, CoachCare and 8fit, 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 |
AI-powered personalized nutrition and fitness coaching is provided.
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| domain | founded_year | HQ Location |
Personalized online fitness and nutrition coaching is provided.
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| domain | founded_year | HQ Location |
Science-based personalized fitness coaching is provided through data-driven plans.
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| domain | founded_year | HQ Location |
Remote monitoring platform for tracking patient activity
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| domain | founded_year | HQ Location |
Personalized workout and nutrition plans are delivered via mobile app.
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| domain | founded_year | HQ Location |
Chronic care management solutions are provided for patients and professionals.
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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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Latest news on Freeletics
Frequently Asked Questions about Freeletics
When was Freeletics founded?
Freeletics was founded in 2013 and raised its 1st funding round 5 years after it was founded.
Where is Freeletics located?
Freeletics is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Who is the current CEO of Freeletics?
Daniel Sobhani is the current CEO of Freeletics.
Is Freeletics a funded company?
Freeletics is a funded company, having raised a total of $70M across 3 funding rounds to date.
What does Freeletics do?
Freeletics was founded in 2013 in Munich, Germany, and operates in the fitness technology sector. An application is provided that generates personalized exercise plans based on user fitness goals. The free version relies on bodyweight exercises without equipment, while the premium version offers individualized coaching for targeted results. Operations focus on digital delivery to support user fitness objectives globally.
Who are the top competitors of Freeletics?
Freeletics's top competitors include HealthifyMe, FITTR and CALIBER.
Who are Freeletics's investors?
Freeletics has 11 investors. Key investors include FitLab, JAZZ Venture Partners, Causeway, KKCG, and Courtside Ventures.