Speede

Chicago, United States Founded: 2021 • Age: 5 yrs Acquired By Hydrow
Fitness equipment is manufactured by Speede in Chicago.
Annual revenue - Latest available
Total funding $2.5M 1 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors - Brand Intelligence

About Speede

Speede is a company based in Chicago (United States) founded in 2021 by Dan Mooney and Greg Tepas was acquired by Hydrow in May 2024. Speede has raised $2.5 million across 1 funding round from investors including Hydrow, Michael Chandler and Mason Plumlee.

  • Headquarter Chicago, United States
  • Founders Dan Mooney, Greg Tepas
  • Sectors
    Industrial Goods & Manufacturing
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Industrial Goods & Manufacturing → Industrial Equipment & Machinery Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $2.5 M (USD)

    in 1 rounds

  • Latest Funding Round
    $2.5 M (USD), Seed

    May 05, 2022

  • Investors
    Hydrow

    & 2 more

  • Employee Count
    Not available
  • Acquired by
    Hydrow

    (May 09, 2024)

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Funding Insights of Speede

Speede has successfully raised a total of $2.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.5 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.

Investors in Speede

Speede has secured backing from 3 investors, including angel investors. Prominent investors backing the company include Hydrow, Michael Chandler and Mason Plumlee.

All
Angel
Investor Description Founded Year Domain Location

Michael Chandler

-
Locked Locked Locked

Mason Plumlee

Indian angel investor with interests in early-stage startups and technology.
Locked Locked Locked
Rowing equipment for in-home workouts is provided to individuals.
Locked Locked Locked
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Investor details for Speede

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Investments & Acquisitions by Speede

Investments
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Investment portfolio details for Speede

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Financial Statements - Speede

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Detailed financials for Speede

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  • Profit trends
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Speede Comparisons

Speede Primary company
Description
Fitness equipment is manufactured by Speede in Chicago.
Location
Chicago, United States
Founded Year
2021
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Speede

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Competitors of Speede

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Detailed competitors of Speede

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Latest news on Speede

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Complete news archive for Speede

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  • Source and publication date
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Frequently Asked Questions about Speede

Speede was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Speede is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.

Greg Tepas is the current CEO of Speede. They have also founded this company.

Speede is a funded company, having raised a total of $2.5M across 1 funding round to date.

Speede was founded in 2021 and is headquartered in Chicago, United States. Fitness equipment is produced by the company within the health and wellness sector. Operations center on designing and manufacturing products for exercise and training needs. Leadership is provided by co-founders Dan Mooney, serving as President, and Greg Tepas, acting as CEO. The domain speede.fit is utilized for online presence and distribution.

Speede has 3 investors. Key investors include Hydrow, Michael Chandler, and Mason Plumlee.

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