About STEPN
STEPN is a company based in Sydney (Australia) founded in 2004 by Jerry Huang and Yawn Rong. STEPN has raised $5 million across 2 funding rounds from investors including Peak XV Partners, DeFi Alliance and Alameda Research. STEPN operates in a competitive market with competitors including Strava, Runkeeper, Run Tour, Runmeter and WattRunner, among others.
- Headquarter Sydney, Australia
- Founders Jerry Huang, Yawn Rong
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Sectors
Healthcare
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Email
Locked
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Phone
Locked
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$5 M (USD)
in 2 rounds
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Latest Funding Round
$4.2 M (USD), Token Sale
Mar 09, 2022
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Investors
Peak XV Partners
& 15 more
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Employee Count
Not available
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People of STEPN
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Funding Insights of STEPN
STEPN has successfully raised a total of $5M across 2 strategic funding rounds. The most recent funding activity was a Token Sale round of $4.2 million completed in March 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 STEPN
STEPN has secured backing from 16 investors, including institutional and venture fund investors. Prominent investors backing the company include Peak XV Partners, DeFi Alliance and Alameda Research.
| Investor | Description | Founded Year | Domain | Location |
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Morningstar Ventures is engaged in digital asset and blockchain investments.
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Venture capital fund investing in blockchain startups
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Multiple sectors are invested in by M13 venture capital fund.
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Investor details for STEPN
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Investments & Acquisitions by STEPN
Investment portfolio details for STEPN
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Financial Statements - STEPN
Detailed financials for STEPN
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Stepn Comparisons
Peer comparison for STEPN
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Competitors of STEPN
STEPN 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 Strava, Runkeeper, Run Tour, Runmeter and WattRunner, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Subscription-based social networking platform for runners and cyclists
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Personal fitness is tracked and improved through a mobile application.
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It serves as a limited information available.
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Offers a comprehensive data analytics platform for runners.
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Physical fitness activities are tracked by a specialized training tool.
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Detailed competitors of STEPN
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Latest news on Stepn
Complete news archive for STEPN
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Frequently Asked Questions about STEPN
STEPN was founded in 2004 and raised its 1st funding round 18 years after it was founded.
STEPN is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
STEPN is a funded company, having raised a total of $5M across 2 funding rounds to date.
STEPN was founded in 2004 in Sydney, Australia, as a provider of move-to-earn game-based solutions in the health and wellness sector. A blockchain-based app is utilized by users to earn rewards through physical activities including walking, jogging, and running. Physical activity is tracked within the app, supporting wellness goals in the digital fitness industry.
STEPN's top competitors include Strava, Runkeeper and HelloMyScout.
STEPN has 16 investors. Key investors include Peak XV Partners, DeFi Alliance, Alameda Research, Morningstar Ventures, and Sixth Man Research.