About PlayPulse
PlayPulse is a Healthcare company based in Oslo (Norway) founded in 2015 by Kristoffer Hagen, Stian Weie, Alf Inge Wang, and Erling Magnus Solheim. Smart indoor cycles are provided for home-based workouts. PlayPulse has raised $2.26 million across 5 funding rounds from investors including Danske Bank, NetEase Games and Courtside Ventures. The company has 12 employees. Its chief executive, as recorded, is Erling Magnus Solheim. The company has since been acquired. Its focus areas include HealthTech, Fitness & Wellness Tech, Physical Fitness and Smart Exercising Equipment.
Company details
PlayPulse was founded in 2015 in Oslo, Norway, within the fitness technology sector. Smart indoor cycles are offered by the company to support home-based exercise routines. The Playpulse-ONE device has been developed, incorporating motor pedals that facilitate pedaling workouts aimed at health maintenance. Operations center on device innovation and user accessibility in the home fitness market.
- Headquarters Oslo, Norway
- Employees 12
- Founders Kristoffer Hagen, Stian Weie, Alf Inge Wang, Erling Magnus Solheim
- Stage Acquired
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website playpulse.com
- Social LinkedIn X Facebook
- Annual Revenue$3.2 K (USD)-86as on Dec 31, 2021
- Net Profit-$1.67 M (USD)-1262as on Dec 31, 2021
- EBITDA-$1.66 M (USD)-1323as on Dec 31, 2021
- Total Equity Funding$2.26M (USD)
in 5 rounds
- InvestorsDanske Bank
& 9 more
- Employee Count12
Funding Insights of PlayPulse
PlayPulse has successfully raised a total of $2.26M across 5 strategic funding rounds. 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 $2.26M
- Total Rounds 5
- Investors Count 10
All 5 funding rounds of PlayPulse with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2022 | Seed | – | NetEase Games | – | |
| Sep 2021 | $2M | Seed | – | Courtside Ventures, Initial Capital | |
| Dec 2017 | $264,548 | Seed | – | nHack | – |
| Nov 2017 | Seed | – | – | ||
| Sep 2017 | Seed | – | Danske Bank |
10 investors in total: 6 institutional and 4 angel.
Investors in PlayPulse
PlayPulse has secured backing from 10 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Danske Bank, NetEase Games and Courtside Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed and early-stage tech investments are managed by Courtside Ventures. | courtsidevc.com | New York, United States | ||
Investments are directed toward seed and early-stage tech companies. | initialcapital.com | London, United Kingdom | ||
Agennalo is operated as an online lottery betting platform. | nhack.io | Indonesia | ||
| startuplab.no | ||||
Mid-core video games are developed and published by NetEase Games. | 1997 | neteasegames.com | Guangzhou, China | |
Financial services including banking and insurance are provided globally. | 1871 | danskebank.com | Copenhagen, Denmark | |
JB Jamie Brooker | Angel investor and entrepreneur, co-founder of Kahoot!, active in edtech | unknown_12515e36f63248869 | ||
JB Johan Brand | Angel investor, co-founder of Kahoot!, focuses on edtech and tech startups | unknown_82a9b3291834443f9 | ||
JM Jasmine Maietta | unknown_2c344de814a94f6b9 | |||
WC Walter Cruttenden | Angel investor, founder of Acorns, focused on fintech and consumer tech. | unknown_f0acad4f484c4f248 |
Investor details for PlayPulse
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of PlayPulse
4 people are tracked at PlayPulse (4 in leadership); the tracked headcount is 12.
| Name | Role | Group |
|---|---|---|
Kristoffer Hagen | Co-Founder | Leadership |
Stian Weie | Co-Founder | Leadership |
Alf Inge Wang | Co-Founder | Leadership |
Erling Magnus Solheim | Co-Founder & CEO | Leadership |
Complete people profiles for PlayPulse
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of PlayPulse
3 dated milestones of PlayPulse across 7 years, from founding to its latest funding, stage changes and deals.
- Founded PlayPulse is founded.
- Funding First funding round.
- Funding Latest funding round, Seed,.
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Related news about Playpulse
Complete news archive for PlayPulse
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Frequently Asked Questions about PlayPulse
PlayPulse was founded in 2015 and raised its 1st funding round 2 years after it was founded.
PlayPulse is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
Erling Magnus Solheim is the CEO of PlayPulse, as recorded in our data. They have also founded this company.
PlayPulse is a funded company, having raised a total of $2.26M across 5 funding rounds to date.
PlayPulse has 12 employees.
Annual revenue of PlayPulse is $3.2K as on Dec 31, 2021.
PlayPulse was founded in 2015 in Oslo, Norway, within the fitness technology sector. Smart indoor cycles are offered by the company to support home-based exercise routines. The Playpulse-ONE device has been developed, incorporating motor pedals that facilitate pedaling workouts aimed at health maintenance. Operations center on device innovation and user accessibility in the home fitness market.
PlayPulse has 10 investors. Key investors include Danske Bank, NetEase Games, Courtside Ventures, Initial Capital, and Jamie Brooker.