About NEOU
NEOU is a Healthcare company based in New York (United States) founded in 2016 by Nathan Forster. Provider of app for online fitness video classes. NEOU has raised $5 million across 1 funding round from investors including Ares Management and Bowers & Wilkins. Its chief executive, as recorded, is Nathan Forster. Its focus areas include HealthTech, Fitness & Wellness Tech, Physical Fitness and Fitness and Diet Training Apps. Its competitors include Daily Burn, Salut and pliability; 2 of its 3 listed competitors have raised funding.
Company details
NEOU was founded in 2016 in New York, United States, and operates in the fitness technology sector. An app is provided through which users access video classes via monthly or yearly subscriptions. Classes can be filtered by type, duration, body focus, and other criteria. The platform supports remote participation in fitness sessions, catering to individual workout preferences.
- Headquarters New York, United States
- Founders Nathan Forster
- SectorsHealthcare
- Email••••••••
- Website neoufitness.com
- Social LinkedIn X Facebook Instagram
- Total Equity Funding$5M (USD)
in 1 rounds
- Latest Funding Round$5M (USD), Series A
Jun 2020
- InvestorsAres Management
& 1 more
Apps and channels of NEOU
NEOU publishes 2 mobile apps with over 100K+ downloads.
Funding Insights of NEOU
NEOU has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Series A round of $5 million completed in June 2020. 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 $5M
- Total Rounds 1
- Last Round Series A — $5M
- First Round $5M
(Jun 2020)
- Investors Count 2
All 1 funding rounds of NEOU with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2020 | $5M | Series A | – | Ares Management |
2 investors in total: 2 institutional.
Investors in NEOU
NEOU has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Ares Management and Bowers & Wilkins.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Alternative asset investment management firm | 1997 | aresmgmt.com | Los Angeles, United States | |
High-end audio equipment is manufactured for home and automotive sectors. | 1965 | bowerswilkins.com | Worthing, United Kingdom |
Investor details for NEOU
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People of NEOU
10 people are tracked at NEOU (8 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
Nathan Forster | Co-Founder & CEO | Leadership |
Blake Shutterly | Director Of Business Development | Leadership |
Rob Szpila | Head Of Technology | Leadership |
Sophie Weiner | Chief Operating Officer | Leadership |
Jaime Kinsley | Head of Strategic Partnerships + Communications/PR | Leadership |
Marc Giacomi | Head of Creative | Leadership |
Tom Hamlett | Executive Assistant To Chief Executive Officer | Leadership |
Jenn Schimpf | Director of eCommerce | Leadership |
Jonathan Baum | Producer | Team |
Harrison A Bubrosky | Large Enterprise Health & Wellness Business Development Representative | Team |
Complete people profiles for NEOU
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Timeline of NEOU
2 dated milestones of NEOU across 4 years, from founding to its latest funding, stage changes and deals.
- Founded NEOU is founded.
- Funding First funding round of $5.0M.
Competitors of NEOU
NEOU has 3 listed competitors in our database, 2 of them funded. They include Daily Burn, Salut and pliability.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dailyburn.com | 2007 | New York, United States | $540,000 | Online video workouts and nutrition plans are delivered via subscription. | ||
| joinsalut.com | 2020 | San Francisco, United States | $1.25M | Provider of workout videos for practice at home | ||
| pliability.com | 2015 | Wilmington, United States | App offering guided videos for stretching, recovery, and athletic performance enhancement. |
Detailed competitors of NEOU
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Top companies in Fitness & Wellness Platforms
3 companies that operate in the same segment as NEOU (Fitness & Wellness Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Smart fitness equipment and streaming platforms are provided. | 2011 | New York, New York, United States | USD 995.53 M | USD 2.45 B | 2,894 | |
Fitness class memberships are offered across various gyms and studios. | 2013 | New York, New York, United States | USD 550 M | 969 | ||
Subscription-based social networking platform for runners and cyclists | 2009 | San Francisco, California, United States | USD 180 M | 999 |
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Related news about Neou
Complete news archive for NEOU
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Frequently Asked Questions about NEOU
NEOU was founded in 2016 and raised its 1st funding round 4 years after it was founded.
NEOU is headquartered in New York, United States. It is registered at New York, New York, United States.
Nathan Forster is the CEO of NEOU, as recorded in our data. They have also founded this company.
NEOU is a funded company, having raised a total of $5M across 1 funding round to date. The company's 1st funding round was a Series A of $5M, raised on Jun 2020.
NEOU was founded in 2016 in New York, United States, and operates in the fitness technology sector. An app is provided through which users access video classes via monthly or yearly subscriptions. Classes can be filtered by type, duration, body focus, and other criteria. The platform supports remote participation in fitness sessions, catering to individual workout preferences.
NEOU's top competitors include Daily Burn, Salut and pliability.
NEOU has 2 investors. Key investors include Ares Management, and Bowers & Wilkins.
Yes. NEOU publishes NEOU and 1 more app, with over 100,000 downloads.