PeerAce

Hamburg, Germany Founded: 2015 • Age: 11 yrs
Provides a community-based app for fitness and wellness services to support user engagement and health goals.
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About PeerAce

PeerAce is a company based in Hamburg (Germany) founded in 2015 by Daniel Dreier. It operates as a B2C. PeerAce has raised $28 thousand across 1 funding round from investors including Axel Springer Plug and Play Accelerator. PeerAce operates in a competitive market with competitors including fitpool, Coachling and Fitiba, among others.

  • Headquarter Hamburg, Germany
  • Founders Daniel Dreier
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $28 K (USD)

    in 1 rounds

  • Latest Funding Round
    $28 K (USD), Angel Round

    Feb 11, 2015

  • Investors
  • Employee Count
    Employee Count
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Funding Insights of PeerAce

PeerAce has successfully raised a total of $28K through 1 strategic funding round. The most recent funding activity was a Angel Round round of $28 thousand completed in February 2015. 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 Rounds 1
  • Last Round Angel Round — $28,000
  • First Round

    (11 Feb 2015)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2015 Amount Angel Round - PeerAce Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in PeerAce

PeerAce has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Axel Springer Plug and Play Accelerator. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Startups in fintech and media sectors are accelerated in Berlin.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by PeerAce

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - PeerAce

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Peerace Comparisons

Employees
+
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Competitors of PeerAce

PeerAce 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 fitpool, Coachling and Fitiba, 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
A mobile application that facilitates easy booking of personal trainers for users.
domain founded_year HQ Location
Serves as a marketplace connecting users with personal coaches.
domain founded_year HQ Location
Operates as a marketplace connecting users with fitness trainers.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Peerace

Frequently Asked Questions about PeerAce

When was PeerAce founded?

PeerAce was founded in 2015.

Where is PeerAce located?

PeerAce is headquartered in Hamburg, Germany. It is registered at Hamburg, Hamburg, Germany.

Who is the current CEO of PeerAce?

Daniel Dreier is the current CEO of PeerAce. They have also founded this company.

Is PeerAce a funded company?

PeerAce is a funded company, having raised a total of $28K across 1 funding round to date. The company's 1st funding round was a Angel Round of $28K, raised on Feb 11, 2015.

What does PeerAce do?

PeerAce, established in 2015 and currently in Dissolved stage, focuses on promoting health and well-being, fitness, app-based services, and operating community platforms. Provides a community-based app for fitness and wellness services to support user engagement and health goals. Adapting to market demands with innovation and client-focused strategies.

Who are the top competitors of PeerAce?

PeerAce's top competitors include fitpool, Coachling and Fitiba.

Who are PeerAce's investors?

PeerAce has 1 investor. Key investors include Axel Springer Plug and Play Accelerator.

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