Peerfit

Tampa, United States Founded: 2011 • Age: 15 yrs Acquired By FitOn
One pass to various fitness studios

About Peerfit

Peerfit is a Healthcare company based in Tampa (United States) founded in 2011 by Ed Buckley, and was acquired by FitOn in February 2022. One pass to various fitness studios. It operates in the Healthcare and Business Services sectors. Peerfit has raised $61.62 million across 12 funding rounds from investors including FitOn, PAR Inc and Healthbox. The company has 89 employees. Its chief executive, as recorded, is Ed Buckley. Peerfit offers products and services including Corporate Wellness Platform, Medicare Benefits Program, and Active Living Programs. Its focus areas include HealthTech, Fitness & Wellness Tech, Physical Fitness and Fitness Centers. Its legal entity is PEERFIT, INC. Its competitors include ClassPass, Wellhub and Intelivideo; 3 of its 3 listed competitors have raised funding.

Company details

PeerFit is a subscription-based fitness company which helps users to attend fitness studios connected with it through one single pass. To access the class at a studio, users need mostly 2 credits. Users can buy credits in 4 different plans: 55month for 8 credits; 99month for 15 credits; 199month for 32 credits; 150 for 20 credits valid for 6 months.

  • Headquarters Tampa, United States
  • Employees 89
  • Founders Ed Buckley
  • Stage Acquired
  • Sectors
    Healthcare
    Business Services
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website peerfit.com
  • Social LinkedIn X Facebook
  • Acquired by FitOn (Feb 2022)
  • Legal Name Peerfit, Inc.
Key Metrics
  • Total Equity Funding
    $61.62M (USD)

    in 12 rounds

  • Latest Funding Round
    $10M (USD), Series C

    Jan 2020

  • Investors
    FitOn

    & 14 more

  • Employee Count
    89
  • Acquired by
    FitOn

    (Feb 2022)

Products & Services of Peerfit

Peerfit offers a comprehensive portfolio of products and services, including Corporate Wellness Platform, Medicare Benefits Program, and Active Living Programs.

Corporate Wellness Platform
Wellness Service

Platform providing digital fitness content and in-person experiences

Medicare Benefits Program
Health Benefits

Program for health plans supporting chronic care and wellness

Active Living Programs
Fitness Service

Initiatives promoting physical activity and holistic health

Funding Insights of Peerfit

Peerfit has successfully raised a total of $61.62M across 12 strategic funding rounds. The most recent funding activity was a Series C round of $10 million completed in January 2020. 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 $61.62M
  • Total Rounds 12
  • Last Round Series C β€” $10M
  • First Round $15,000

    (Nov 2014)

  • Investors Count 14

Latest 10 of 12 funding rounds of Peerfit with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2020$10MSeries C––
–
Mar 2019$20.28MSeries C–Virgo
–
Sep 2018$8MSeries B–Ark Applications, PAR
Jul 2018$8MSeries B–Engage
–
Jan 2018$10.32MSeries B–Florida Funders
Jun 2017$2.3MSeries A–Lee Arnold
Apr 2017$770,000Series A––
–
Nov 2016$400,000Series A–Florida Funders
–
Sep 2016Series A–Ark Applications, PAR
–
Jun 2016$1.16MSeries A––
–
Valuation history

15 investors in total: 9 institutional and 6 angel.

Investors in Peerfit

Peerfit has secured backing from 15 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include FitOn, PAR Inc and Healthbox.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Investment management services are utilized for transforming businesses in various industries.
virgo-llc.com
arkapps.com
Growth-stage investments are made in sports media and technology firms.
causewaymp.comCambridge, United States
Venture capital is invested in multiple sectors by Engage.
engage.vcAtlanta, United States
Venture capital investments are provided to early-stage tech startups.
floridafunders.comTampa, United States
Healthcare startups are accelerated via a five-day program by Healthbox.
2010healthbox.comChicago, United States
Double-walled storage tanks for diesel and AdBlue are manufactured.
1978parinc.comLutz, United States
Support is provided for Florida's technology ventures and innovation.
florida-institute.comClearwater, United States

Wyc Grousbeck

unknown_e8a2da266c9e40b3b

Jeff Vinik

American investor, owner of Tampa Bay Lightning, active in sports and real estate.
unknown_e6a9173f864b4543b
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Investor details for Peerfit

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People of Peerfit

16 people are tracked at Peerfit (9 in leadership, 7 in team); the tracked headcount is 89.

NameRoleGroup
Ed Buckley
Founder & CEOLeadership
Lindsay Cook
Co-Founder / CEOLeadership
June Lim
Head of Product @ FitOnLeadership
Russell Cook
Co-Founder / PresidentLeadership
David C.
Vice President, Finance (Finance/Accounting)Leadership
Elizabeth Zeigler
Head Of Growth & Demand GenerationLeadership
Amir Patel
Director of ProductLeadership
Maria Juan
Vice President of Marketing & CommunicationLeadership
Ari Fefferman
VP Marketing, Fiton HealthLeadership
Kenta Seki
Lead TrainerTeam
Shahin Edalati
Creative & Strategic ConsultantTeam
Caroline Elizabeth Carter
Senior Operations ManagerTeam
Nicola LaGreca
Principal Product ManagerTeam
Linda Chao
Senior Lifecycle Marketing ManagerTeam
Alexandra Dean
Senior Operations ManagerTeam
Carly Keith
Human Resources GeneralistTeam
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Complete people profiles for Peerfit

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

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Verified entity values are shown only after access is granted.

Timeline of Peerfit

4 dated milestones of Peerfit across 11 years, from founding to its latest funding, stage changes and deals.

  1. Founded Peerfit is founded.
  2. Funding First funding round of $15K.
  3. Funding Latest funding round, Series C, of $10.0M.
  4. Exit Acquired by FitOn.

Competitors of Peerfit

Peerfit has 3 listed competitors in our database, 3 of them funded. They include ClassPass, Wellhub and Intelivideo.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
classpass.com2013New York, United States$550M1,046
Fitness class memberships are offered across various gyms and studios.
wellhub.com2012New York, United States$85M213
Cloud-based wellness programs are offered for employee health and productivity.
intelivideo.com2012Broomfield, United States$9.33M
Platform to market and sell on demand videos
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Detailed competitors of Peerfit

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Verified entity values are shown only after access is granted.

Web traffic of Peerfit

The website of Peerfit (peerfit.com) receives about 2K visits a month.

  • Monthly visits
    2K

    ▼ 63.2% vs previous month

Top companies in Fitness & Wellness Platforms

3 companies that operate in the same segment as Peerfit (Fitness & Wellness Platforms) in United States, 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 B2,894
Fitness class memberships are offered across various gyms and studios.
2013New York, New York, United StatesUSD 550 M969
Subscription-based social networking platform for runners and cyclists
2009San Francisco, California, United StatesUSD 180 M999
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Related news about Peerfit

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Frequently Asked Questions about Peerfit

Peerfit was founded in 2011 and raised its 1st funding round 3 years after it was founded.

Peerfit is headquartered in Tampa, United States. It is registered at Tampa, Florida, United States.

Ed Buckley is the CEO of Peerfit, as recorded in our data. They have also founded this company.

Peerfit is a funded company, having raised a total of $61.62M across 12 funding rounds to date. The company's 1st funding round was a Series A of $1.16M, raised on Nov 2014.

Peerfit has 89 employees.

PeerFit is a subscription-based fitness company which helps users to attend fitness studios connected with it through one single pass. To access the class at a studio, users need mostly 2 credits. Users can buy credits in 4 different plans: 55month for 8 credits; 99month for 15 credits; 199month for 32 credits; 150 for 20 credits valid for 6 months.

Peerfit's top competitors include ClassPass, Wellhub and Intelivideo.

Peerfit offers Corporate Wellness Platform, Medicare Benefits Program, and Active Living Programs.

Peerfit has 15 investors. Key investors include FitOn, PAR Inc, Healthbox, Virgo Investment Group, and Ark Applications.

Peerfit operates through Peerfit, Inc..

Yes. Peerfit was acquired by FitOn in February 2022.

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