About iNSPIRETEK
iNSPIRETEK is a company based in Brisbane (Australia) founded in 2020 by Annie Flamsteed.. iNSPIRETEK has raised $2.5 million across 1 funding round from investors including Investible, Vu Tran and Matthew Browne. iNSPIRETEK offers products and services including Infinite App, Wellbeing Management System, and Athlete Management System. iNSPIRETEK operates in a competitive market with competitors including Runtastic, ROOK, Elite HRV, EveryMove and Mywellness, among others.
- Headquarter Brisbane, Australia
- Founders Annie Flamsteed
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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 Inspiretek Pty Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.5 M (USD)
in 1 rounds
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Latest Funding Round
$2.5 M (USD), Seed
Jan 09, 2022
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Investors
Investible
& 4 more
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Employee Count
Employee Count
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Products & Services of iNSPIRETEK
iNSPIRETEK offers a comprehensive portfolio of products and services, including Infinite App, Wellbeing Management System, and Athlete Management System. 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 tracking athletes' mental health and performance metrics.
System providing interventions and data insights for athlete wellbeing.
Tool for communication, compliance, and data collection in sports.
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Funding Insights of iNSPIRETEK
iNSPIRETEK has successfully raised a total of $2.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.5 million completed in January 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 Funding
- Total Rounds 1
- Last Round Seed — $2.5M
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First Round
First Round
(09 Jan 2022)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2022 | Amount | Seed - iNSPIRETEK | Valuation | Investible |
| 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 iNSPIRETEK
iNSPIRETEK has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include Investible, Vu Tran and Matthew Browne. 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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Early-stage venture capital investments are provided by Investible in APAC.
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Founded Year | Domain | Location | |
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VT
Vu Tran |
Angel investor and entrepreneur, co-founder of Gojek, active in tech startups
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Founded Year | Domain | Location |
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MB
Matthew Browne |
Angel investor in Indian startups, focused on tech and innovation.
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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 iNSPIRETEK
| 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 - iNSPIRETEK
| 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 |
Inspiretek Comparisons
Competitors of iNSPIRETEK
iNSPIRETEK 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 Runtastic, ROOK, Elite HRV, EveryMove and Mywellness, 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 |
Fitness metrics are tracked via mobile apps and hardware.
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| domain | founded_year | HQ Location |
API integration for fitness and healthcare platforms is offered.
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| domain | founded_year | HQ Location |
HRV system developed for recovery and stress management.
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| domain | founded_year | HQ Location |
Monitoring and social network app for fitness
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| domain | founded_year | HQ Location |
CRM software for gyms to handle bookings, payments, and member engagement.
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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 Inspiretek
Frequently Asked Questions about iNSPIRETEK
When was iNSPIRETEK founded?
iNSPIRETEK was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is iNSPIRETEK located?
iNSPIRETEK is headquartered in Brisbane, Australia. It is registered at Brisbane, Queensland, Australia.
Who is the current CEO of iNSPIRETEK?
Rob Donaghue is the current CEO of iNSPIRETEK.
Is iNSPIRETEK a funded company?
iNSPIRETEK is a funded company, having raised a total of $2.5M across 1 funding round to date. The company's 1st funding round was a Seed of $2.5M, raised on Jan 09, 2022.
What does iNSPIRETEK do?
iNSPIRETEK was founded in 2020 in Brisbane, Australia, focusing on health technology. A mobile application is offered for tracking physical and mental health metrics, including pain levels, fatigue, mood, sleep patterns, calorie intake, and workout performance. Educational content on sports psychology, nutrition, and exercise science is provided. Data synchronization with wearable devices is supported to facilitate integrated health monitoring.
Who are the top competitors of iNSPIRETEK?
What products or services does iNSPIRETEK offer?
iNSPIRETEK offers Infinite App, Wellbeing Management System, and Athlete Management System.
Who are iNSPIRETEK's investors?
iNSPIRETEK has 5 investors. Key investors include Investible, Vu Tran, Matthew Browne, David Shein, and Emma Mactaggart.