Nexercise

Bethesda, United States Founded: 2010 • Age: 16 yrs
Provider of a fitness training application for users

About Nexercise

Nexercise is a company based in Bethesda (United States) founded in 2010. Nexercise has raised $1.33 million across 4 funding rounds from investors including University of Maryland, Militello Capital and Techstars. Nexercise has completed 1 acquisition, including Sworkit. Nexercise offers products and services including Sworkit App and Premium Version. Nexercise operates in a competitive market with competitors including HealthifyMe, IFit, Zwift, Fitterfly and Kaia Health, among others.

Key Metrics

Products & Services of Nexercise

Nexercise offers a comprehensive portfolio of products and services, including Sworkit App and Premium Version.

Sworkit App
Fitness Platform

App for personalized workouts, challenges, and wellness programs.

Premium Version
Subscription Service

Enhanced app features with coaching and advanced workout options.

Funding Insights of Nexercise

Nexercise has successfully raised a total of $1.33M across 4 strategic funding rounds. 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 $1.33M
  • Total Rounds 4
  • First Round $140,000

    (Nov 2011)

  • Investors Count 4

All 4 funding rounds of Nexercise with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2015–Series A––
Dec 2013$938,558Seed––
–
May 2013$250,000Seed––
Nov 2011$140,000Angel Round––
Valuation history

4 investors in total: 4 institutional.

Investors in Nexercise

Nexercise has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include University of Maryland, Militello Capital and Techstars.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Startups are accelerated globally without sector restrictions through structured programs.
2006techstars.comNew York, United States
Venture capital fund and startup accelerator programs focused on seed and early stage companies
1998tedcomd.comColumbia, United States
Investments are made in commercial real estate joint ventures.
2011militellocapital.comLansdowne, United States
Multiple courses and degrees are offered across diversified academic streams.
1856umd.eduUnited States
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Investor details for Nexercise

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of Nexercise

1 people are tracked at Nexercise (1 in leadership).

NameRoleGroup
Benjamin Young
CEOLeadership
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Complete people profiles for Nexercise

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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Investments & Acquisitions by Nexercise

Nexercise has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Sworkit.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Equipment-free circuit workouts are guided via a mobile fitness app.
sworkit.comRockville, United States2012Jun 2014β€’β€’β€’β€’
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Complete acquisition details for Nexercise

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of Nexercise

4 dated milestones of Nexercise across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Nexercise is founded.
  2. Funding First funding round of $140K.
  3. Acquisition Acquires Sworkit.
  4. Funding Latest funding round, Series A,.

Competitors of Nexercise

Nexercise 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 HealthifyMe, IFit, Zwift, Fitterfly and Kaia Health, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
healthifyme.com2012Bengaluru, India$145.25M–
AI-powered personalized nutrition and fitness coaching is provided.
ifit.com1977Logan, United States$755M–
Smart interactive fitness equipment and training services are provided.
zwift.com2014Long Beach, United States$597M316
Gamified indoor cycling training is delivered via an app-based platform.
fitterfly.com2016Mumbai, India$29.9M225
A mobile app is offered for managing multiple chronic diseases.
kaiahealth.com2016New York, United States$119.06M43
Provider of digital musculoskeletal pain management solutions
keleya.de2017Hamburg, Germany$3.48M18
App offering exercise and yoga plans for pregnant women
waybetter.app2011New York, United States$9.61M–
Provider of gamified health and wellness programs
finc.com2012Tokyo, Japan$17.46M–
Online weight-loss programs are delivered via smartphone apps.
exakthealth.com2021Berlin, Germany$4.23M–
Provider of digital therapies for recovering from sports injuries
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Detailed competitors of Nexercise

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of Nexercise

Websites that share an audience with Nexercise (nexercise.com).

Similar websites

Websites whose visitors overlap most with Nexercise. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
webmd.com
100%
34.4M#1,980View details
play.google.com
play.google.com
53%
–––
huffingtonpost.com
huffingtonpost.com
37%
–#181,984–

Similar companies to Nexercise

10 companies that operate in the same segment as Nexercise (Fitness & Wellness Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Smart fitness equipment and streaming platforms are provided.
2011New York, New York, United StatesUSD 995.53 MUSD 2.45 B2,660
Provider of fitness memberships encompassing group classes, gyms, and at-home workouts
2016Bengaluru, Karnataka, IndiaUSD 713.57 M––
Fitness class memberships are offered across various gyms and studios.
2013New York, New York, United StatesUSD 524.53 M–1,046
Connected devices for health, sleep, and activity monitoring are developed.
2008Moulineaux, Seine-maritime, FranceUSD 93.83 M––
Subscription-based social networking platform for runners and cyclists
2009San Francisco, California, United StatesUSD 144.6 M––
Metabolic health is tracked via devices and fitness platforms.
2019Bengaluru, Karnataka, IndiaUSD 163.28 MUSD 65.48 M274
Health-tracking smart rings and biosensors are developed for biometric monitoring.
2013Oulu, North Ostrobothnia, FinlandUSD 1.32 B––
Provider of SaaS-driven business management software for beauty salons and fitness centers
2001San Luis Obispo, California, United StatesUSD 118.01 M––
Smartwatches and fitness trackers are provided for activity monitoring.
2007San Francisco, California, United StatesUSD 65.05 MUSD 3.88–
Subscription-based marketplace for sports and fitness venues is offered.
2012Berlin, Berlin, GermanyUSD 198.07 M––
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Frequently Asked Questions about Nexercise

Nexercise was founded in 2010 and raised its 1st funding round 1 year after it was founded.

Nexercise is headquartered in Bethesda, United States. It is registered at Bethesda, Maryland, United States.

Benjamin Young is the current CEO of Nexercise.

Nexercise is a funded company, having raised a total of $1.33M across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $140K, raised on Nov 2011.

Provider of a fitness training application for users. The platform provides HIIT, Tabata, cardio, strength, yoga, and pilates workouts. Also provides video instruction and audio cues for users. It further provides management software for schools and employees.

Nexercise's top competitors include IFit, HealthifyMe and Fitterfly.

Nexercise offers Sworkit App and Premium Version.

Nexercise has made 1 acquisition, including Sworkit.

Nexercise has 4 investors. Key investors include University of Maryland, Militello Capital, Techstars, and TEDCO.

Nexercise operates through Nexercise, Inc..

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