Paceline

San Francisco, United States Founded: 2019 • Age: 7 yrs
Provider of mobile app for fitness enthusiasts

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. Paceline operates in a competitive market with competitors including JomRun, Yas, Wefitter, Steppi and FitnessBank, among others.

  • Headquarter San Francisco, United States
  • Employees 38
  • Founders Joel Lieginger
  • Sectors
    Healthcare
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website paceline.fit
  • Social LinkedIn X Instagram
  • Legal Name Tam(Squared) Inc.
Key Metrics
  • Total Equity Funding
    $54.88M (USD)

    in 3 rounds

  • Latest Funding Round
    $20.31M (USD), Series B

    Dec 2023

  • Investors
  • Employee Count
    38

Apps and channels of Paceline

Paceline publishes 1 mobile app.

Paceline: Rewards for Exercise
App Store Health & Fitness 4+
Developer: Tam(Squared)
View on App Store

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 $54.88M
  • Total Rounds 3
  • Last Round Series B β€” $20.31M
  • First Round $5M

    (Nov 2020)

  • Investors Count 11

All 3 funding rounds of Paceline with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2023$20.31MSeries B––
–
Jun 2021$29.57MSeries A–Acrew Capital
Nov 2020$5MSeed–Montage Ventures, Propel Venture Partners
Valuation history

11 investors in total: 10 institutional and 1 angel.

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.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Early-stage startups are funded by Acrew Capital venture firm.
–acrewcapital.comPalo Alto, United States
US focused growth stage VC firm
–montageventures.comMenlo Park, United States
Venture capital funding is provided to firms across diverse sectors.
–propel.vcSan Francisco, United States
Seed and early-stage tech investments are managed by Courtside Ventures.
–courtsidevc.comNew York, United States
Seed and early-stage technology companies are funded by Lux Capital.
–luxcapital.comMenlo Park, United States
Venture capital firm focused on financial sector
–clocktowerventures.comSanta Monica, United States
Venture capital firm focused on early-stage big data, health tech, AI, food tech, and multiple sectors
–gpv.comSan Francisco, United States
Seed-stage tech startups are invested in by NextView Ventures.
–nextview.vcBoston, United States
Sovereign wealth fund of United Arab Emirates
2002mubadala.comAbu Dhabi, United Arab Emirates
Northwestern Mutual is engaged in financial planning and insurance services.
1857northwesternmutual.comMilwaukee, United States
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Investor details for Paceline

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  • Round participation
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Verified entity values are shown only after access is granted.

People of Paceline

17 people are tracked at Paceline (10 in leadership, 7 in team); the tracked headcount is 38.

NameRoleGroup
Joel Lieginger
Founder & CEOLeadership
Tyler Tochterman
Head of Corporate DevelopmentLeadership
Lindsay Nickel
Commercial DirectorLeadership
Anil Lodhia
Head of StrategyLeadership
Giana Korth Martinez
Sr. Director Of Strategic Partnerships And GTMLeadership
James Hale
Director, Gamification And EconomyLeadership
Catherine Nally
Director Of BrandLeadership
Thomas Batt
Chief Financial OfficerLeadership
Nicholas Wright
Chief Commercial And Chief Marketing OfficerLeadership
John Lin
Chief Product OfficerLeadership
Matthew Massaua
Strategic AdvisorTeam
Colin Barceloux
AdvisorTeam
Drew Glover
Advisor, GrowthTeam
Giana Korth
PartnershipsTeam
Hunter Jones
Lead Ux/ui DesignerTeam
Sam Luff
Lead Product ManagerTeam
Madeleine Fassett
People Operations ManagerTeam
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Complete people profiles for Paceline

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Timeline of Paceline

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

  1. Founded Paceline is founded.
  2. Funding First funding round of $5.0M.
  3. Funding Latest funding round, Series B, of $20.3M.

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.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
jomrun.com2017Cyberjaya, Malaysia$12,800–
Provider of reward based app for the individuals
yas.life2016Berlin, Germany$5.17M28
Fitness activities are tracked and rewarded through a mobile app.
wefitter.com2014Barcelona, Spain$290,980–
Reward-based fitness app
steppi.com2015Dubai, United Arab Emirates$2.52M–
App based platform that track physical activity and offer rewards
fitnessbank.fit2002Atlanta, United States––
Offers a wearable-dependent app for activity tracking.
centavizer.com2017United States––
Provides a comprehensive app for fitness tracking and monitoring.
kenko-mileage.jp2017Minato, Japan––
Provides comprehensive solutions for wearable and non-wearable devices with an activity tracking app for users.
neu.fit2016Austin, United States––
Provider of direct current stimulation therapy devices that aid in health and recovery, chronic pain treatment, and athletic training
fitfetti.com2016San Francisco, United States––
Free app tracks steps and rewards users with credits for health-focused incentives.
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Detailed competitors of Paceline

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

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  • Operating metrics
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Web traffic of Paceline

The website of Paceline (paceline.fit) receives about 8.4K visits a month.

  • Monthly visits
    8.4K

    ▼ 33.5% vs previous month

Similar websites

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

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
eletimes.com
100%
––View details
pacelineequity.com
34%
3.7K#4,736,431View details

Latest news on Paceline

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Complete news archive for Paceline

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to Paceline

10 companies that operate in the same segment as Paceline (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 Paceline

Paceline was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Paceline is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Joel Lieginger is the current CEO of Paceline. They have also founded this 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 2020.

Paceline has 38 employees.

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.

Paceline's top competitors include JomRun, Yas and Wefitter.

Paceline has 11 investors. Key investors include Northwestern Mutual, Mubadala, Acrew Capital, Montage Ventures, and Propel Venture Partners.

Paceline operates through Tam(Squared) Inc..

Yes. Paceline publishes Paceline: Rewards for Exercise.

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