About Paceline
Paceline is a company based in San Francisco (United States) founded in 2019 by Joel Lieginger.. Paceline has raised $54.88 million across 3 funding rounds from investors including Northwestern Mutual, Mubadala and Acrew Capital. The company has 38 employees as of December 31, 2021. Paceline operates in a competitive market with competitors including JomRun, Yas, Wefitter, Steppi and FitnessBank, among others.
- Headquarter San Francisco, United States
- Employees 38 as on 31 Dec, 2021
- Founders Joel Lieginger
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Tam(Squared) Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$54.88 M (USD)
in 3 rounds
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Latest Funding Round
$20.31 M (USD), Series B
Dec 13, 2023
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Investors
Northwestern Mutual
& 10 more
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Employee Count
38
as on Dec 31, 2021
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Funding Insights of Paceline
Paceline has successfully raised a total of $54.88M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $20.31 million completed in December 2023. 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 3
- Last Round Series B — $20.3M
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First Round
First Round
(20 Nov 2020)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2023 | Amount | Series B - Paceline | Valuation |
investors |
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| Jun, 2021 | Amount | Series A - Paceline | Valuation | Acrew Capital | |
| Nov, 2020 | Amount | Seed - Paceline | Valuation | Montage Ventures , Propel Venture Partners |
| 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 Paceline
Paceline has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Northwestern Mutual, Mubadala and Acrew Capital. 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-stage startups are funded by Acrew Capital venture firm.
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Founded Year | Domain | Location | |
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US focused growth stage VC firm
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Founded Year | Domain | Location | |
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Venture capital funding is provided to firms across diverse sectors.
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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 Paceline
| 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 - Paceline
| 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 |
Paceline Comparisons
Competitors of Paceline
Paceline 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 JomRun, Yas, Wefitter, Steppi and FitnessBank, 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 |
Provider of reward based app for the individuals
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| domain | founded_year | HQ Location |
Fitness activities are tracked and rewarded through a mobile app.
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| domain | founded_year | HQ Location |
Reward-based fitness app
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| domain | founded_year | HQ Location |
App based platform that track physical activity and offer rewards
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| domain | founded_year | HQ Location |
Offers a wearable-dependent app for activity tracking.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Paceline
Frequently Asked Questions about Paceline
When was Paceline founded?
Paceline was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Paceline located?
Paceline is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Paceline?
Joel Lieginger is the current CEO of Paceline. They have also founded this company.
Is Paceline a funded company?
Paceline is a funded company, having raised a total of $54.88M across 3 funding rounds to date. The company's 1st funding round was a Seed of $5M, raised on Nov 20, 2020.
How many employees does Paceline have?
As of Dec 31, 2021, the latest employee count at Paceline is 38.
What does Paceline do?
Paceline was founded in 2019 in San Francisco, United States. A mobile application is offered in the health and fitness sector for tracking user activities and workouts. Rewards are integrated into the app to support weight loss and overall fitness maintenance. Operations focus on digital tools for personal health management, with the platform accessible via the domain paceline.fit. The company is led by founder and CEO Joel Lieginger.
Who are the top competitors of Paceline?
Who are Paceline's investors?
Paceline has 11 investors. Key investors include Northwestern Mutual, Mubadala, Acrew Capital, Montage Ventures, and Propel Venture Partners.
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