About STEELE Fitness
STEELE Fitness is a company based in Wayzata (United States) founded in 2005 was acquired by Snap Fitness in September 2013.. STEELE Fitness has raised $150 thousand across 1 funding round from investors including Snap Fitness. STEELE Fitness offers products and services including Muscle Growth Blueprint, SteeleFit Apparel, Arms Training Program, and Shoulders Training Program. STEELE Fitness operates in a competitive market with competitors including Club Pilates, Stretch Zone, Exhale Enterprises, TruFusion and Evolution Wellness, among others.
- Headquarter Wayzata, United States
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Sectors
Healthcare
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Email
***********
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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
$150 K (USD)
in 1 rounds
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Latest Funding Round
$150 K (USD), Seed
Mar 03, 2010
- Investors
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Employee Count
Employee Count
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Acquired by
Snap Fitness
(Sep 03, 2013)
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Products & Services of STEELE Fitness
STEELE Fitness offers a comprehensive portfolio of products and services, including Muscle Growth Blueprint, SteeleFit Apparel, Arms Training Program, and Shoulders Training Program. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Science-backed training for maximizing muscle growth and strength.
Performance clothing designed for fitness and daily wear.
Workouts targeting biceps and triceps for muscle development.
Exercises for building deltoids and traps effectively.
Funding Insights of STEELE Fitness
STEELE Fitness has successfully raised a total of $150K through 1 strategic funding round. The most recent funding activity was a Seed round of $150 thousand completed in March 2010. 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 1
- Last Round Seed — $150,000
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First Round
First Round
(03 Mar 2010)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2010 | Amount | Seed - STEELE Fitness | Valuation |
investors |
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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 STEELE Fitness
STEELE Fitness has secured backing from 1 investor. Prominent investors backing the company include Snap Fitness. 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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Chain of fitness centers
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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 STEELE Fitness
| 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 - STEELE Fitness
| 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 |
Steele Fitness Comparisons
Competitors of STEELE Fitness
STEELE Fitness 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 Club Pilates, Stretch Zone, Exhale Enterprises, TruFusion and Evolution Wellness, 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 |
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| domain | founded_year | HQ Location |
Pilates-based fitness and wellness centers are operated nationwide.
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| domain | founded_year | HQ Location |
A chain of fitness centers offering stretching services is operated.
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| domain | founded_year | HQ Location |
Fitness, wellness, and spa services are offered across multiple locations.
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| domain | founded_year | HQ Location |
Yoga and pilates therapy centers are operated as a chain.
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| domain | founded_year | HQ Location |
Network of fitness and wellness brands offering club memberships. It operates a portfolio of fitness brands, each with a distinct identity. The network includes a proprietary membership management system. Licensing opportunities are available for select brands. The company aims to create a comprehensive wellness ecosystem for its members.
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| domain | founded_year | HQ Location |
Provider of spa & wellness services
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about STEELE Fitness
When was STEELE Fitness founded?
STEELE Fitness was founded in 2005 and raised its 1st funding round 5 years after it was founded.
Where is STEELE Fitness located?
STEELE Fitness is headquartered in Wayzata, United States. It is registered at Wayzata, Minnesota, United States.
Is STEELE Fitness a funded company?
STEELE Fitness is a funded company, having raised a total of $150K across 1 funding round to date. The company's 1st funding round was a Seed of $150K, raised on Mar 03, 2010.
What does STEELE Fitness do?
STEELE Fitness was founded in 2005 in Wayzata, United States. Operations are conducted as a chain of fitness centers within the health and wellness sector. Access to exercise equipment, group classes, and personal training services is provided to members. The company maintains its primary location in the United States, supporting community-based fitness activities through standardized facilities and programs.
Who are the top competitors of STEELE Fitness?
STEELE Fitness's top competitors include Club Pilates, Stretch Zone and Evolution Wellness.
What products or services does STEELE Fitness offer?
STEELE Fitness offers Muscle Growth Blueprint, SteeleFit Apparel, Arms Training Program, and Shoulders Training Program.
Who are STEELE Fitness's investors?
STEELE Fitness has 1 investor. Key investors include Snap Fitness.