MYZONE

Douglas, United Kingdom Founded: 2011 • Age: 15 yrs
Developer of a wearable heart rate monitoring system
Annual revenue - Latest available
Total funding $17.2M 1 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 7 Brand Intelligence

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
  • Sectors
    Healthcare
    Technology
  • 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
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Technology → Extended, Virtual & Augmented Reality Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $17.2 M (USD)

    in 1 rounds

  • Latest Funding Round
    $17.2 M (USD), Series B

    Jan 10, 2022

  • Investors
  • Employee Count
    Not available
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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.

Product name locked
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Primary

Platform for managing gym activities and tracking workouts

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Application for personal heart rate training and monitoring

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Wearable devices for real-time heart rate measurement

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Apparel integrated with heart rate sensors for fitness use

People of MYZONE

Headcount 50-200
Employee Profiles 14
Employee Profiles
People
Collin Myers
Business Development Manager
People
Dave Wright
Founder / Investor
People
Philip Whittam
Group Managing Director
People
Enrique Montejo A. MBA
Director Latam

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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.

Investors in MYZONE

MYZONE has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include BGF.

All
Venture Fund
Investor Description Founded Year Domain Location
Early & Growth stage tech & offline focused VC firm funding companies in the UK & Ireland
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Investor details for MYZONE

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Investments & Acquisitions by MYZONE

Investments
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Investment portfolio details for MYZONE

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Financial Statements - MYZONE

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Detailed financials for MYZONE

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  • Profit trends
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Myzone Comparisons

MYZONE Primary company
Description
Developer of a wearable heart rate monitoring system
Location
Douglas, United Kingdom
Founded Year
2011
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for MYZONE

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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.

Company Name Domain Founded year HQ Location Description
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Smart fitness trackers and watches are developed for performance monitoring.
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Wearable technology is integrated into smart workout clothing by Athos.
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Provider of a wearable wristband integrated with personalized coaching
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Sweat-based biosensors are provided for body hydration monitoring.
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Wristband with noninvasive glucose monitor and calorie tracker.
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Detailed competitors of MYZONE

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Latest news on Myzone

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Complete news archive for MYZONE

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Frequently Asked Questions about MYZONE

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

MYZONE is headquartered in Douglas, United Kingdom.

MYZONE is a funded company, having raised a total of $17.2M across 1 funding round to date.

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.

MYZONE's top competitors include Goqii, Nix and Garmin International.

MYZONE offers In-Club Software, App, HR Monitors, and Connected Clothing.

MYZONE has 1 investor. Key investors include BGF.

The valuation of MYZONE is $102M as of Jan 2022.

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