About Speede
Speede is an Industrial Goods & Manufacturing company based in Chicago (United States) founded in 2021 by Dan Mooney and Greg Tepas, and was acquired by Hydrow in May 2024. Fitness equipment is manufactured by Speede in Chicago. Speede has raised $2.5 million across 1 funding round from investors including Hydrow, Michael Chandler and Mason Plumlee. Its chief executive, as recorded, is Greg Tepas. Its website speede.fit draws about 16 thousand monthly visits. Its focus areas include Healthcare and Fitness Equipment Manufacturers.
Company details
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.
- Headquarters Chicago, United States
- Founders Dan Mooney, Greg Tepas
- Stage Acquired
- SectorsIndustrial Goods & Manufacturing
- Website speede.fit
- Social LinkedIn X
- Acquired by Hydrow (May 2024)
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.
- Total Funding $2.5M
- Total Rounds 1
- Last Round Seed — $2.5M
- First Round $2.5M
(May 2022)
- Investors Count 2
All 1 funding rounds of Speede 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 |
|---|---|---|---|---|---|
| May 2022 | $2.5M | Seed | – | Michael Chandler, Mason Plumlee | – |
3 investors in total: 1 institutional and 2 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
MC Michael Chandler | unknown_ad5cd9b1b6b74529a | |||
MP Mason Plumlee | Indian angel investor with interests in early-stage startups and technology. | unknown_1e1b40cb67f44e6db | ||
Rowing equipment for in-home workouts is provided to individuals. | 2018 | hydrow.com | Cambridge, United States |
Investor details for Speede
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 Speede
2 people are tracked at Speede (2 in leadership).
| Name | Role | Group |
|---|---|---|
Dan Mooney | Co-Founder & President | Leadership |
Greg Tepas | Co-Founder & CEO | Leadership |
Complete people profiles for Speede
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 Speede
3 dated milestones of Speede across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Speede is founded.
- Funding First funding round of $2.5M.
- Exit Acquired by Hydrow.
Web traffic of Speede
The website of Speede (speede.fit) receives about 15.7K visits a month.
- Monthly visits15.7K
▲ 87.5% vs previous month
Websites whose visitors overlap most with Speede. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
ativafit.com | ativafit.com | 100% | #583,324 | – | |
barbellmedicine.com | barbellmedicine.com | 78% | #171,341 | – | |
globusus.com | globusus.com | 36% | #8,378,071 | – |
Top companies in Fitness & Commercial Equipment
3 companies that operate in the same segment as Speede (Fitness & Commercial Equipment) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of fitness equipment | 2019 | Denver, Colorado, United States | USD 19.42 M | |||
Fitness equipment is manufactured by Freebeatfit for various markets. | 2018 | Atlanta, Georgia, United States | USD 20 M | |||
AFC Industries is recognized for manufacturing ergonomic furniture solutions. | 1994 | New York, New York, United States |
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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 CEO of Speede, as recorded in our data. They have also founded this company.
Speede is a funded company, having raised a total of $2.5M across 1 funding round to date. The company's 1st funding round was a Seed of $2.5M, raised on May 2022.
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.
Yes. Speede was acquired by Hydrow in May 2024.