FunXtion

Amsterdam, Netherlands Founded: 2011 • Age: 15 yrs
Software solutions for fitness centers are provided by FunXtion.
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About FunXtion

FunXtion is a company based in Amsterdam (Netherlands) founded in 2011 by Mendel Witzenhausen.. FunXtion has raised $5.82 million across 1 funding round from investors including Lexar Partners. FunXtion operates in a competitive market with competitors including Mindbody, Glofox, Care Line Live, WellnessLiving and PushPress, among others.

  • Headquarter Amsterdam, Netherlands
  • Founders Mendel Witzenhausen
  • Sectors
    Healthcare
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Health Technology & Digital Health
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $5.82 M (USD)

    in 1 rounds

  • Latest Funding Round
    $5.82 M (USD), Series A

    Sep 01, 2022

  • Investors
  • Employee Count
    Employee Count
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People of FunXtion
Headcount 10-50
Employee Profiles 8
Employee Profiles
People
Vasileios Tsitlakidis
Senior Frontend Developer
People
Sergio V.
Software Engineer
People
Mendel Witzenhausen
Co-Founder & CTIO FunXtion International
People
Ernst De Neef
Co-Founder and CEO

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Funding Insights of FunXtion

FunXtion has successfully raised a total of $5.82M through 1 strategic funding round. The most recent funding activity was a Series A round of $5.82 million completed in September 2022. 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 Rounds 1
  • Last Round Series A — $5.8M
  • First Round

    (01 Sep 2022)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2022 Amount Series A - FunXtion Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in FunXtion

FunXtion has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Lexar Partners. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by FunXtion

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - FunXtion

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Funxtion Comparisons

Employees
+
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Competitors of FunXtion

FunXtion 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 Mindbody, Glofox, Care Line Live, WellnessLiving and PushPress, 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
Provider of SaaS-driven business management software for beauty salons and fitness centers
domain founded_year HQ Location
Provider of gym and studio management software and custom mobile apps
domain founded_year HQ Location
Cloud-based platform for home care scheduling and management is offered.
domain founded_year HQ Location
Provider of all-in-one business management software for wellness businesses
domain founded_year HQ Location
SaaS platform for gym billing and membership management is provided.
domain founded_year HQ Location
Cloud-based software for fitness business management is offered.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Funxtion

Frequently Asked Questions about FunXtion

When was FunXtion founded?

FunXtion was founded in 2011 and raised its 1st funding round 11 years after it was founded.

Where is FunXtion located?

FunXtion is headquartered in Amsterdam, Netherlands.

Is FunXtion a funded company?

FunXtion is a funded company, having raised a total of $5.82M across 1 funding round to date. The company's 1st funding round was a Series A of $5.82M, raised on Sep 01, 2022.

What does FunXtion do?

FunXtion was founded in 2011 in Amsterdam, Netherlands, as a provider of software solutions in the fitness sector. An online coaching platform is offered for scheduling workouts and developing nutrition plans targeted at personal coaches. Additionally, a cloud-based interactive platform is supplied, featuring an exercise library, workout programs, challenges, and timers accessible to both personal trainers and gym members.

Who are the top competitors of FunXtion?

FunXtion's top competitors include Mindbody, PushPress and Glofox.

Who are FunXtion's investors?

FunXtion has 1 investor. Key investors include Lexar Partners.

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