About PlayFitt
PlayFitt is a company based in Canada founded in 2019 by John Morris and Jonathan Guillemette.. PlayFitt has raised $1.94 million across 1 funding round from investors including Anges Québec, Jean-François Grenon and Antony Acciarri. PlayFitt operates in a competitive market with competitors including DietBet, Zombies Run, The Conqueror, The Walk Game and RocketJourney, among others.
- Headquarter Canada
- Founders John Morris, Jonathan Guillemette
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.94 M (USD)
in 1 rounds
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Latest Funding Round
$1.94 M (USD), Seed
May 16, 2022
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Investors
Anges Québec
& 4 more
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Employee Count
Employee Count
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Funding Insights of PlayFitt
PlayFitt has successfully raised a total of $1.94M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.94 million completed in May 2022. 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 1
- Last Round Seed — $1.9M
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First Round
First Round
(16 May 2022)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Seed - PlayFitt | Valuation | Anges Quebec |
| 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 PlayFitt
PlayFitt has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include Anges Québec, Jean-François Grenon and Antony Acciarri. 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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Angel investment network supporting innovative entrepreneurs in Canada.
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Founded Year | Domain | Location | |
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JG
Jean-François Grenon |
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|
Founded Year | Domain | Location |
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AA
Antony Acciarri |
Angel investor and mentor focused on Indian startups and innovation.
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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 PlayFitt
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - PlayFitt
| 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 |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Playfitt Comparisons
Competitors of PlayFitt
PlayFitt 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 DietBet, Zombies Run, The Conqueror, The Walk Game and RocketJourney, 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.
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| domain | founded_year | HQ Location |
Weight loss goals are gamified via betting and shared pots.
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Fitness app combining running, music, and interactive stories to motivate exercise.
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Virtual platform for app-based fitness challenges and themed adventures.
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Interactive app that turns real-life walking into a thrilling adventure story.
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Workplace wellness programs and engagement tools are provided for employees.
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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 Playfitt
Frequently Asked Questions about PlayFitt
When was PlayFitt founded?
PlayFitt was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Where is PlayFitt located?
PlayFitt is headquartered in Canada.
Who is the current CEO of PlayFitt?
Jonathan Guillemette is the current CEO of PlayFitt. They have also founded this company.
Is PlayFitt a funded company?
PlayFitt is a funded company, having raised a total of $1.94M across 1 funding round to date. The company's 1st funding round was a Seed of $1.94M, raised on May 16, 2022.
What does PlayFitt do?
PlayFitt was established in 2019 in Canada as a fitness technology company. A mobile application is provided for monitoring physical activities such as steps, distance, squats, and push-ups. Points are awarded to users upon achieving set goals. Social features are included to facilitate connections with friends and the sharing of fitness data. Operations are centered on the playfitt.ca domain.
Who are the top competitors of PlayFitt?
PlayFitt's top competitors include DietBet, FitWay and RocketJourney.
Who are PlayFitt's investors?
PlayFitt has 5 investors. Key investors include Anges Québec, Jean-François Grenon, Antony Acciarri, Peter McKinnon, and Bertrand Nepveu.