About SmartSpot
SmartSpot is a company based in San Francisco (United States) founded in 2015 by Joshua Augustin.. SmartSpot has raised $18.27 million across 3 funding rounds from investors including Khosla Ventures, SignalFire and Y Combinator. SmartSpot operates in a competitive market with competitors including Glofox, PushPress, WellnessLiving, Zen Planner and Motosumo, among others.
- Headquarter San Francisco, United States
- Founders Joshua Augustin
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Sectors
HealthcareTechnology
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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
$18.27 M (USD)
in 3 rounds
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Latest Funding Round
$16.3 M (USD), Series A
Jul 03, 2019
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Investors
Khosla Ventures
& 2 more
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Employee Count
Employee Count
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Funding Insights of SmartSpot
SmartSpot has successfully raised a total of $18.27M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $16.3 million completed in July 2019. 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 3
- Last Round Series A — $16.3M
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First Round
First Round
(23 Mar 2015)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2019 | Amount | Series A - SmartSpot | Valuation |
investors |
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| Jun, 2015 | Amount | Seed - SmartSpot | Valuation | Khosla Ventures , SignalFire |
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| Mar, 2015 | Amount | Seed - SmartSpot | Valuation | Y Combinator |
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| 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 SmartSpot
SmartSpot has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Khosla Ventures, SignalFire and Y Combinator. 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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Early-stage startups are funded by this venture capital firm.
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Founded Year | Domain | Location | |
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Seed and early-stage startups are funded by SignalFire.
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Founded Year | Domain | Location | |
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Early-stage startups are accelerated via funding and educational programs.
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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 SmartSpot
| 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 - SmartSpot
| 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 |
Smartspot Comparisons
Competitors of SmartSpot
SmartSpot 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 Glofox, PushPress, WellnessLiving, Zen Planner and Motosumo, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of gym and studio management software and custom mobile apps
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| domain | founded_year | HQ Location |
SaaS platform for gym billing and membership management is provided.
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| domain | founded_year | HQ Location |
Provider of all-in-one business management software for wellness businesses
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| domain | founded_year | HQ Location |
Cloud-based software for fitness business management is offered.
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| domain | founded_year | HQ Location |
Mobile solutions for live indoor cycling classes are provided.
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| domain | founded_year | HQ Location |
Cloud-based platform for gym and fitness management is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Smartspot
Frequently Asked Questions about SmartSpot
When was SmartSpot founded?
SmartSpot was founded in 2015.
Where is SmartSpot located?
SmartSpot is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is SmartSpot a funded company?
SmartSpot is a funded company, having raised a total of $18.27M across 3 funding rounds to date. The company's 1st funding round was a Seed of $120K, raised on Mar 23, 2015.
What does SmartSpot do?
SmartSpot was founded in 2015 in San Francisco, United States, and operates in the fitness technology sector. A suite of gym technologies is offered, integrating 3D cameras, data analytics, and professional input to support personal training. Smart mirrors are utilized to deliver real-time form correction for users and enable trainers to track client progress. Workout sessions are recorded and uploaded to profiles for detailed review and analysis.
Who are the top competitors of SmartSpot?
Who are SmartSpot's investors?
SmartSpot has 3 investors. Key investors include Khosla Ventures, SignalFire, and Y Combinator.