About Peerfit
Peerfit is a company based in Tampa (United States) founded in 2011 by Ed Buckley was acquired by FitOn in February 2022.. Peerfit has raised $61.62 million across 12 funding rounds from investors including FitOn, PAR Inc. and Healthbox. The company has 89 employees as of December 31, 2024. Peerfit offers products and services including Corporate Wellness Platform, Medicare Benefits Program, and Active Living Programs. Peerfit operates in a competitive market with competitors including ClassPass, Wellhub, Fitpass, Intelivideo and Youfit, among others.
- Headquarter Tampa, United States
- Employees 89 as on 31 Dec, 2024
- Founders Ed Buckley
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Sectors
HealthcareBusiness Services
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Email
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Phone
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Website
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Social
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- Legal Name Peerfit, Inc.
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Products & Services of Peerfit
Peerfit offers a comprehensive portfolio of products and services, including Corporate Wellness Platform, Medicare Benefits Program, and Active Living Programs. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform providing digital fitness content and in-person experiences
Program for health plans supporting chronic care and wellness
Initiatives promoting physical activity and holistic health
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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 Total Funding
- Total Rounds 12
- Last Round Series C — $10.0M
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First Round
First Round
(12 Nov 2014)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2020 | Amount | Series C - Peerfit | Valuation |
investors |
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| Mar, 2019 | Amount | Series C - Peerfit | Valuation | Virgo |
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| Sep, 2018 | Amount | Series B - Peerfit | Valuation | Ark Applications , PAR |
| 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 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. 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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Investment management services are utilized for transforming businesses in various industries.
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Founded Year | Domain | Location | |
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Growth-stage investments are made in sports media and technology firms.
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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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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 Peerfit
| 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 - Peerfit
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Peerfit Comparisons
Competitors of Peerfit
Peerfit 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 ClassPass, Wellhub, Fitpass, Intelivideo and Youfit, 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 |
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| domain | founded_year | HQ Location |
Fitness class memberships are offered across various gyms and studios.
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| domain | founded_year | HQ Location |
Cloud-based wellness programs are offered for employee health and productivity.
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| domain | founded_year | HQ Location |
Subscription-based platform for multiple fitness classes is offered.
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| domain | founded_year | HQ Location |
Platform to market and sell on demand videos
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| domain | founded_year | HQ Location |
Nearby gyms are located and booked through an online platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Peerfit
Frequently Asked Questions about Peerfit
When was Peerfit founded?
Peerfit was founded in 2011 and raised its 1st funding round 3 years after it was founded.
Where is Peerfit located?
Peerfit is headquartered in Tampa, United States. It is registered at Tampa, Florida, United States.
Who is the current CEO of Peerfit?
Ed Buckley is the current CEO of Peerfit. They have also founded this company.
Is Peerfit a funded 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 B of $8M, raised on Nov 12, 2014.
How many employees does Peerfit have?
As of Dec 31, 2024, the latest employee count at Peerfit is 89.
What does Peerfit do?
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.
Who are the top competitors of Peerfit?
What products or services does Peerfit offer?
Peerfit offers Corporate Wellness Platform, Medicare Benefits Program, and Active Living Programs.
Who are Peerfit's investors?
Peerfit has 15 investors. Key investors include FitOn, PAR Inc., Healthbox, Virgo Investment Group, and Ark Applications.
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