About MYZONE
MYZONE is a company based in Douglas (United Kingdom) founded in 2011.. MYZONE has raised $17.2 million across 1 funding round from investors including BGF. MYZONE offers products and services including In-Club Software, App, HR Monitors, and Connected Clothing. MYZONE operates in a competitive market with competitors including Garmin International, Athos, Goqii, Nix and Healbe, among others.
- Headquarter Douglas, United Kingdom
- Stage Minicorn
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Sectors
HealthcareTechnology
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Phone
*********
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Website
*********
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Social
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- Legal Name Myzone Group Limited
- Date of Incorporation 11 Jun, 2015
- Jurisdiction LEEDS, WEST YORKSHIRE, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$17.2 M (USD)
in 1 rounds
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Latest Funding Round
$17.2 M (USD), Series B
Jan 10, 2022
- Investors
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Employee Count
Employee Count
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Products & Services of MYZONE
MYZONE offers a comprehensive portfolio of products and services, including In-Club Software, App, HR Monitors, and Connected Clothing. 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.
Platform for managing gym activities and tracking workouts
Application for personal heart rate training and monitoring
Wearable devices for real-time heart rate measurement
Apparel integrated with heart rate sensors for fitness use
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Funding Insights of MYZONE
MYZONE has successfully raised a total of $17.2M through 1 strategic funding round. The most recent funding activity was a Series B round of $17.2 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 Series B — $17.2M
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First Round
First Round
(10 Jan 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2022 | Amount | Series B - MYZONE | Valuation |
investors |
| 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 MYZONE
MYZONE has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include BGF. 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 & Growth stage tech & offline focused VC firm funding companies in the UK & Ireland
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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 MYZONE
| 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 - MYZONE
| 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 |
Myzone Comparisons
Competitors of MYZONE
MYZONE 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 Garmin International, Athos, Goqii, Nix and Healbe, 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 |
Smart fitness trackers and watches are developed for performance monitoring.
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| domain | founded_year | HQ Location |
Wearable technology is integrated into smart workout clothing by Athos.
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| domain | founded_year | HQ Location |
Provider of a wearable wristband integrated with personalized coaching
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| domain | founded_year | HQ Location |
Sweat-based biosensors are provided for body hydration monitoring.
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| domain | founded_year | HQ Location |
Wristband with noninvasive glucose monitor and calorie tracker.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Myzone
Frequently Asked Questions about MYZONE
When was MYZONE founded?
MYZONE was founded in 2011 and raised its 1st funding round 11 years after it was founded.
Where is MYZONE located?
MYZONE is headquartered in Douglas, United Kingdom.
Is MYZONE a funded company?
MYZONE is a funded company, having raised a total of $17.2M across 1 funding round to date. The company's 1st funding round was a Series B of $17.2M, raised on Jan 10, 2022.
What does MYZONE do?
MYZONE was founded in 2011 in Douglas, United Kingdom, as a developer in the wearable fitness technology sector. Heart rate, calorie burn, and effort levels are measured by a chest-worn device in real-time. Data is processed through a companion app, where workouts are tracked, visualized in charts and graphs, and reviewed from past sessions. Progress sharing and friend competitions are enabled, with tailored plans offered for gyms.
Who are the top competitors of MYZONE?
MYZONE's top competitors include Goqii, Nix and Garmin International.
What products or services does MYZONE offer?
MYZONE offers In-Club Software, App, HR Monitors, and Connected Clothing.
Who are MYZONE's investors?
MYZONE has 1 investor. Key investors include BGF.
What is MYZONE's valuation?
The valuation of MYZONE is $102M as of Jan 2022.
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