About OxeFit
OxeFit is a company based in Plano (United States) founded in 2019 by Peter Neuhaus and Rab Shanableh. It operates as a Direct-to-Consumer (D2C). OxeFit has raised $39.38 million across 5 funding rounds from investors including Dave Asprey, Anne Mahlum and Harry Kane. OxeFit offers products and services including AI-Powered Home Gym. OxeFit operates in a competitive market with competitors including Peloton, Tempo, Tonal, Vitruvian and Lululemon Studio, among others.
- Headquarter Plano, United States
- Founders Peter Neuhaus, Rab Shanableh
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$39.38 M (USD)
in 5 rounds
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Latest Funding Round
$17.5 M (USD), Series A
Sep 25, 2024
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Investors
Lydia Partners
& 10 more
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Employee Count
Employee Count
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Products & Services of OxeFit
OxeFit offers a comprehensive portfolio of products and services, including AI-Powered Home Gym.
An AI-powered machine for total body fitness training.
People of OxeFit
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Funding Insights of OxeFit
OxeFit has successfully raised a total of $39.38M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $17.5 million completed in September 2024. 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 5
- Last Round Series A — $17.5M
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First Round
First Round
(02 Apr 2020)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2024 | Amount | Series A - OxeFit | Valuation | Dave Asprey , Anne Mahlum |
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| Jun, 2023 | Amount | Angel Round - OxeFit | Valuation | Harry Kane | |
| Jul, 2022 | Amount | Series A - OxeFit | Valuation |
investors |
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Investors in OxeFit
OxeFit has secured backing from 11 investors, including angel and venture fund investors. Prominent investors backing the company include Dave Asprey, Anne Mahlum and Harry Kane.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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DA
Dave Asprey |
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Founded Year | Domain | Location |
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AM
Anne Mahlum |
Founder of Solidcore, angel investor, focused on fitness and wellness startups
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Founded Year | Domain | Location |
Investments & Acquisitions by OxeFit
Financial Statements - OxeFit
Oxefit Comparisons
Competitors of OxeFit
OxeFit 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 Peloton, Tempo, Tonal, Vitruvian and Lululemon Studio, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Smart fitness equipment and streaming platforms are provided.
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| domain | founded_year | HQ Location |
Jira-integrated software for resource management and time tracking is developed.
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| domain | founded_year | HQ Location |
AI-based full-body motion analysis and strength training system is offered.
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| domain | founded_year | HQ Location |
Smart resistance training equipment and app are provided by Vitruvian.
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| domain | founded_year | HQ Location |
Online fitness classes are offered via membership access.
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| domain | founded_year | HQ Location |
Smart home gym equipment is provided for fitness training.
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Frequently Asked Questions about OxeFit
OxeFit was founded in 2019 and raised its 1st funding round 1 year after it was founded.
OxeFit is headquartered in Plano, United States. It is registered at Plano, Texas, United States.
Rab Shanableh is the current CEO of OxeFit. They have also founded this company.
OxeFit is a funded company, having raised a total of $39.38M across 5 funding rounds to date. The company's 1st funding round was a Series A of $4.38M, raised on Apr 02, 2020.
OxeFit is engaged in providing innovative fitness equipment for home use. The company specializes in AI-powered gym machines designed to support total body health and fitness. Solutions are tailored for individual consumers seeking comprehensive workout options in a single device. The focus remains on integrating technology with fitness to enhance user experience in personal training environments.
OxeFit offers AI-Powered Home Gym.
OxeFit has 11 investors. Key investors include Dave Asprey, Anne Mahlum, Harry Kane, Dustin Johnson, and Dak Prescott.