About Motosumo
Motosumo is a company based in Herlev (Denmark) founded in 2015 by Jens Juel Jensen, Allan Steen Olesen, and Kresten Juel Jensen.. Motosumo has raised $10.15 million across 7 funding rounds from investors including Richard Breiter, Magenta Partners and PreSeed Ventures. Motosumo offers products and services including Motosumo App, Gym Solution, and On-Demand Library. Motosumo operates in a competitive market with competitors including FitOn, BurnAlong, Glofox, PushPress and WellnessLiving, among others.
- Headquarter Herlev, Denmark
- Founders Jens Juel Jensen, Allan Steen Olesen, Kresten Juel Jensen
- Stage Minicorn
-
Sectors
HealthcareTechnology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Mo2tion Technology Innovation Aps
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$10.15 M (USD)
in 7 rounds
-
Latest Funding Round
$977.25 K (USD), Series A
Nov 12, 2021
-
Investors
Magenta Partners
& 7 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Motosumo
Motosumo offers a comprehensive portfolio of products and services, including Motosumo App, Gym Solution, and On-Demand Library. 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 live and on-demand indoor cycling and fitness classes.
Platform to enhance gym cycling experiences with live classes.
Collection of workouts including yoga, strength, and HIIT for users.
Unlock access to complete
Funding Insights of Motosumo
Motosumo has successfully raised a total of $10.15M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $977.25 thousand completed in November 2021. 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 7
- Last Round Series A — $977,248
-
First Round
First Round
(08 Sep 2015)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Series A - Motosumo | Valuation |
investors |
|
| Dec, 2020 | Amount | Series A - Motosumo | Valuation | Magenta Partners | |
| Jul, 2020 | Amount | Seed - Motosumo | Valuation | Keystones |
|
| 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 Motosumo
Motosumo has secured backing from 8 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Richard Breiter, Magenta Partners and PreSeed Ventures. 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 |
|---|---|---|---|---|
|
Magenta Partners is engaged in providing equity investments for growth businesses.
|
Founded Year | Domain | Location | |
|
Venture capital investments are provided to technology-focused startups.
|
Founded Year | Domain | Location | |
|
A network for startup investors in Denmark is facilitated.
|
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 Motosumo
| 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 - Motosumo
| 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 |
Motosumo Comparisons
Competitors of Motosumo
Motosumo 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 FitOn, BurnAlong, Glofox, PushPress and WellnessLiving, 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 |
Live group fitness classes are delivered via a mobile app.
|
|
| domain | founded_year | HQ Location |
AI-based live fitness coaching is provided for individuals and employees.
|
|
| domain | founded_year | HQ Location |
Provider of gym and studio management software and custom mobile apps
|
|
| domain | founded_year | HQ Location |
SaaS platform for gym billing and membership management is provided.
|
|
| domain | founded_year | HQ Location |
Provider of all-in-one business management software for wellness businesses
|
|
| 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 Motosumo
Frequently Asked Questions about Motosumo
When was Motosumo founded?
Motosumo was founded in 2015.
Where is Motosumo located?
Motosumo is headquartered in Herlev, Denmark.
Who is the current CEO of Motosumo?
Kresten Juel Jensen is the current CEO of Motosumo. They have also founded this company.
Is Motosumo a funded company?
Motosumo is a funded company, having raised a total of $10.15M across 7 funding rounds to date.
What does Motosumo do?
Provider of mobile-based solutions for live indoor cycling classes. It offers community-based indoor cycling workouts that members can enjoy anywhere. It offers an app that uses smartphone motion sensors to generate live fitness metrics such as cadence and distance on any stationary bike. its app is used by gyms and cycling studios worldwide. Its members can get access to a fully interactive at-home live fitness experience with a global team of world-class instructors for free or with a Premium subscription. All members get unlimited access to some live classes for a month and a library of on-demand classes to join at any time.
Who are the top competitors of Motosumo?
What products or services does Motosumo offer?
Motosumo offers Motosumo App, Gym Solution, and On-Demand Library.
Who are Motosumo's investors?
Motosumo has 8 investors. Key investors include Richard Breiter, Magenta Partners, PreSeed Ventures, Promentum Equity Partners, and Keystones.
What is Motosumo's valuation?
The valuation of Motosumo is $13.81M as of Nov 2021.