About SmartSpot
SmartSpot is a Healthcare company based in San Francisco (United States) founded in 2015 by Joshua Augustin. It operates as a gym technologies for workout monitoring and progress tracking are provided. It operates in the Healthcare and Technology sectors. SmartSpot has raised $18.27 million across 3 funding rounds from investors including Khosla Ventures, SignalFire and Y Combinator. Its focus areas include Enterprise Applications, SME Business Management Software, Leisure and Fitness Services. Its competitors include Glofox, PushPress, WellnessLiving, Zen Planner and Motosumo and 5 more; 8 of its 10 listed competitors have raised funding.
Company details
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.
- Headquarters San Francisco, United States
- Founders Joshua Augustin
- SectorsHealthcareTechnology
- Website smartspot.io
- Social Facebook
- Total Equity Funding$18.27M (USD)
in 3 rounds
- Latest Funding Round$16.3M (USD), Series A
Jul 2019
- InvestorsKhosla Ventures
& 2 more
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 $18.27M
- Total Rounds 3
- Last Round Series A — $16.3M
- First Round $120,000
(Mar 2015)
- Investors Count 3
All 3 funding rounds of SmartSpot 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 |
|---|---|---|---|---|---|
| Jul 2019 | $16.3M | Series A | – | – | – |
| Jun 2015 | $1.85M | Seed | – | Khosla Ventures, SignalFire | – |
| Mar 2015 | $120,000 | Seed | – | Y Combinator | – |
3 investors in total: 3 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are funded by this venture capital firm. | 2004 | khoslaventures.com | Menlo Park, United States | |
Seed and early-stage startups are funded by SignalFire. | – | signalfire.com | San Francisco, United States | |
Early-stage startups are accelerated via funding and educational programs. | – | ycombinator.com | Mountain View, United States |
Investor details for SmartSpot
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People of SmartSpot
1 people are tracked at SmartSpot (1 in leadership).
| Name | Role | Group |
|---|---|---|
Joshua Augustin | Co-Founder | Leadership |
Complete people profiles for SmartSpot
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Timeline of SmartSpot
3 dated milestones of SmartSpot across 4 years, from founding to its latest funding, stage changes and deals.
- Founded SmartSpot is founded.
- Funding First funding round of $120K.
- Funding Latest funding round, Series A, of $16.3M.
Competitors of SmartSpot
SmartSpot has 10 listed competitors in our database, 8 of them funded. They include Glofox, PushPress, WellnessLiving, Zen Planner and Motosumo, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| glofox.com | 2014 | Dublin, Ireland | $22.71M | – | Provider of gym and studio management software and custom mobile apps | |
| pushpress.com | 2012 | Los Angeles, United States | $32.56M | – | SaaS platform for gym billing and membership management is provided. | |
| wellnessliving.com | 2012 | Toronto, Canada | $46M | – | Provider of all-in-one business management software for wellness businesses | |
| zenplanner.com | 2006 | Highlands, United States | $11.15M | 61 | Cloud-based software for fitness business management is offered. | |
| motosumo.com | 2015 | Herlev, Denmark | $10.15M | 7 | Mobile solutions for live indoor cycling classes are provided. | |
| clubready.club | 2009 | St. Louis, United States | – | – | Cloud-based platform for gym and fitness management is provided. | |
| truecoach.co | 2015 | Boulder, United States | $2.12M | – | An online platform enabling trainers to create personalized training plans | |
| membr.com | 2012 | Worsley, United Kingdom | – | 41 | Fitness management software is offered for training centers. | |
| hellowalla.com | 2020 | San Diego, United States | $13M | – | Studio management software is provided for fitness industry operations. | |
| perfectgym.com | 2015 | Warsaw, Poland | $6.59M | – | A business management platform for fitness centers is provided. |
Detailed competitors of SmartSpot
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Top companies in Fitness & Wellness Platforms
10 companies that operate in the same segment as SmartSpot (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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Related news about Smartspot
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Frequently Asked Questions about SmartSpot
SmartSpot was founded in 2015.
SmartSpot is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
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 2015.
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.
SmartSpot has 3 investors. Key investors include Khosla Ventures, SignalFire, and Y Combinator.