About Racefox
Racefox is a Healthcare company based in Stockholm (Sweden) founded in 2013. It operates as a mobile app-based digital coach for runners and skiers. It operates in the Healthcare, Technology, and Media & Entertainment sectors. Racefox has raised $1.62 million across 3 funding rounds from investors including European Union, EIC Fund and Spintop Ventures. Its focus areas include High Tech, Wearable Technology, Watches and Trackers and Fitness Trackers. Its competitors include Withings, Fitbit, Whoop, iHealth Labs and Garmin International and 4 more; 8 of its 9 listed competitors have raised funding.
Company details
The company was founded in 2013 in Stockholm, Sweden, and operates in the sports technology sector. A mobile app serves as a digital coach for runners and skiers, with body movement monitored through a chest sensor. Real-time audio feedback is delivered, alongside full-body motion analysis and personalized training plans. All features are accessed via subscription and supported on Android and iOS platforms.
- Headquarters Stockholm, Sweden
- SectorsHealthcareTechnology Media & Entertainment
- Email••••••••
- Website racefox.com
- Social LinkedIn X Facebook
- Total Equity Funding$1.62M (USD)
in 3 rounds
- Latest Funding Round$58.99K (USD), Grant
Aug 2021
- InvestorsEuropean Union
& 5 more
Funding Insights of Racefox
Racefox has successfully raised a total of $1.62M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $58.99 thousand completed in August 2021. 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 $1.62M
- Total Rounds 3
- Last Round Grant — $58,992
- First Round $1.62M
(Mar 2019)
- Investors Count 6
All 3 funding rounds of Racefox 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 |
|---|---|---|---|---|---|
| Aug 2021 | $58,992 | Grant | – | – | |
| Oct 2019 | $2.76M | Grant | – | – | |
| Mar 2019 | $1.62M | Series A | – | Spintop Ventures |
6 investors in total: 5 institutional and 1 angel.
Investors in Racefox
Racefox has secured backing from 6 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include European Union, EIC Fund and Spintop Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government agency and accelerator focusing on innovative startups and SMEs | – | eicfund.eu | Brussels, Belgium | |
Investments are directed toward early-stage software technology companies. | – | spintopventures.com | Malmo, Sweden | |
Pre-seed and seed-stage firms are invested in by Walerud Ventures. | – | walerud.com | Stockholm, Sweden | |
- | – | dobermanforward.com | - | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
TA tord asle gjerdalen | - | – | unknown_8acf47d0dfb44dd28 | - |
Investor details for Racefox
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 Racefox
1 people are tracked at Racefox (1 in leadership).
| Name | Role | Group |
|---|---|---|
Magnus Jonsson | Founder and CEO | Leadership |
Complete people profiles for Racefox
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 Racefox
3 dated milestones of Racefox across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Racefox is founded.
- Funding First funding round of $1.6M.
- Funding Latest funding round, Grant, of $59K.
Competitors of Racefox
Racefox has 9 listed competitors in our database, 8 of them funded. They include Withings, Fitbit, Whoop, iHealth Labs and Garmin International, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| withings.com | 2008 | Moulineaux, France | $93.83M | 39 | Connected devices for health, sleep, and activity monitoring are developed. | |
| fitbit.com | 2007 | San Francisco, United States | $65.05M | 1,134 | Smartwatches and fitness trackers are provided for activity monitoring. | |
| whoop.com | 2012 | Boston, United States | $979.39M | 453 | Provider of a smart wearable device for physical activities monitoring | |
| ihealthlabs.com | 2010 | Mountain View, United States | $25M | 104 | Personal healthcare devices for vital monitoring are designed and produced. | |
| garmin.com | 1989 | Olathe, United States | – | 19,900 | Smart fitness trackers and watches are developed for performance monitoring. | |
| misfit.com | 2011 | Burlingame, United States | $63M | – | Wearable devices such as smartwatches and fitness trackers are provided. | |
| matrixindustries.com | 2011 | Menlo Park, United States | $59.31M | 8 | Smartwatches powered by body heat are developed using thermoelectric technology. | |
| coros.com | 2015 | Tustin, United States | $6.1M | – | Connected performance tracking devices are supplied for athletes. | |
| goqii.com | 2014 | Redwood, United States | $109.68M | – | Provider of a wearable wristband integrated with personalized coaching |
Detailed competitors of Racefox
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Racefox
Websites that share an audience with Racefox (racefox.com).
Websites whose visitors overlap most with Racefox. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| facebook.com | 100% | 12.1B | #3 | View details | |
google.de | google.de | 100% | – | #175 | – |
Top companies in Fitness & Wellness Platforms
10 companies that operate in the same segment as Racefox (Fitness & Wellness Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Smart fitness equipment and streaming platforms are provided. | 2011 | New York, New York, United States | USD 995.53 M | USD 2.45 B | 2,894 | |
Provider of fitness memberships encompassing group classes, gyms, and at-home workouts | 2016 | Bengaluru, Karnataka, India | USD 716.99 M | – | 1,832 | |
Fitness class memberships are offered across various gyms and studios. | 2013 | New York, New York, United States | USD 550 M | – | 969 | |
Connected devices for health, sleep, and activity monitoring are developed. | 2008 | Moulineaux, Seine-maritime, France | USD 93.83 M | – | – | |
Subscription-based social networking platform for runners and cyclists | 2009 | San Francisco, California, United States | USD 180 M | – | 999 | |
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 | |
Health-tracking smart rings and biosensors are developed for biometric monitoring. | 2013 | Oulu, North Ostrobothnia, Finland | USD 1.32 B | USD 398.5 M | 1,632 | |
Provider of SaaS-driven business management software for beauty salons and fitness centers | 2001 | San Luis Obispo, California, United States | USD 118.01 M | – | – | |
Smartwatches and fitness trackers are provided for activity monitoring. | 2007 | San Francisco, California, United States | USD 65.05 M | USD 3.88 | – | |
Subscription-based marketplace for sports and fitness venues is offered. | 2012 | Berlin, Berlin, Germany | USD 198.07 M | – | – |
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Frequently Asked Questions about Racefox
Racefox was founded in 2013 and raised its 1st funding round 6 years after it was founded.
Racefox is headquartered in Stockholm, Sweden.
Racefox is a funded company, having raised a total of $1.62M across 3 funding rounds to date. The company's 1st funding round was a Series A of $1.62M, raised on Mar 2019.
The company was founded in 2013 in Stockholm, Sweden, and operates in the sports technology sector. A mobile app serves as a digital coach for runners and skiers, with body movement monitored through a chest sensor. Real-time audio feedback is delivered, alongside full-body motion analysis and personalized training plans. All features are accessed via subscription and supported on Android and iOS platforms.
Racefox has 6 investors. Key investors include European Union, EIC Fund, Spintop Ventures, Walerud Ventures, and Doberman Forward.