Steppi

Dubai, United Arab Emirates Founded: 2015 • Age: 11 yrs
App based platform that track physical activity and offer rewards

About Steppi

Steppi is a company based in Dubai (United Arab Emirates) founded in 2015 by Milos Savic and Joe Franklin. Steppi has raised $2.52 million across 2 funding rounds from investors including embodyfitness.co.uk. Steppi offers products and services including Virtual Challenges, Live Leaderboards, Data Insights, and Activity Tracking. Steppi operates in a competitive market with competitors including Paceline, Yas, JomRun, Wefitter and FitnessBank, among others.

  • Headquarter Dubai, United Arab Emirates
  • Founders Milos Savic, Joe Franklin
  • Sectors
    Healthcare
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website steppi.com
  • Social LinkedIn Facebook Instagram
  • Legal Name Steppi Dmcc
Key Metrics
  • Total Equity Funding
    $2.52M (USD)

    in 2 rounds

  • Latest Funding Round
    $1.8M (USD), Series A

    Oct 2021

  • Investors

Products & Services of Steppi

Steppi offers a comprehensive portfolio of products and services, including Virtual Challenges, Live Leaderboards, Data Insights, and Activity Tracking.

Virtual Challenges
Wellness Platform

Platform for creating customizable team activity challenges.

Live Leaderboards
Tracking Tool

Real-time progress tracking to motivate participants in challenges.

Data Insights
Analytics Service

Tools for exporting activity data and recognizing achievements.

Activity Tracking
Integration Service

Syncs with devices for seamless fitness monitoring.

Funding Insights of Steppi

Steppi has successfully raised a total of $2.52M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $1.8 million completed in October 2021. 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 $2.52M
  • Total Rounds 2
  • Last Round Series A β€” $1.8M
  • First Round $720,000

    (Jun 2020)

  • Investors Count 1

All 2 funding rounds of Steppi with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2021$1.8MSeries A–embodyfitness.co.uk
–
Jun 2020$720,000Seed––
–
Valuation history

1 investors in total: 1 institutional.

Investors in Steppi

Steppi has secured backing from 1 investor. Prominent investors backing the company include embodyfitness.co.uk.

All
InvestorDescriptionFounded YearDomainLocation
-
–embodyfitness.co.uk-
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Investor details for Steppi

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People of Steppi

2 people are tracked at Steppi (2 in leadership).

NameRoleGroup
Milos Savic
Co-FounderLeadership
Joe Franklin
Co-FounderLeadership
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Complete people profiles for Steppi

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Timeline of Steppi

3 dated milestones of Steppi across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Steppi is founded.
  2. Funding First funding round of $720K.
  3. Funding Latest funding round, Series A, of $1.8M.

Competitors of Steppi

Steppi 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 Paceline, Yas, JomRun, Wefitter and FitnessBank, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
paceline.fit2019San Francisco, United States$54.88M38
Provider of mobile app for fitness enthusiasts
yas.life2016Berlin, Germany$5.17M28
Fitness activities are tracked and rewarded through a mobile app.
jomrun.com2017Cyberjaya, Malaysia$12,800–
Provider of reward based app for the individuals
wefitter.com2014Barcelona, Spain$290,980–
Reward-based fitness app
fitnessbank.fit2002Atlanta, United States––
Offers a wearable-dependent app for activity tracking.
neu.fit2016Austin, United States––
Provider of direct current stimulation therapy devices that aid in health and recovery, chronic pain treatment, and athletic training
mevofit.com2015Wilmington, United States–1
Provides smart wearables, activity trackers, and fitness gear for monitoring health.
muuvr.io2021Baar, Switzerland$4.16M–
Fitness app that uses community and reward experiences for users
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Detailed competitors of Steppi

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Latest news on Steppi

STEPPI raised $1.8M funding
Mena β€’ 4 years ago
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Complete news archive for Steppi

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Similar companies to Steppi

10 companies that operate in the same segment as Steppi (Fitness & Wellness Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Smart fitness equipment and streaming platforms are provided.
2011New York, New York, United StatesUSD 995.53 MUSD 2.45 B2,660
Provider of fitness memberships encompassing group classes, gyms, and at-home workouts
2016Bengaluru, Karnataka, IndiaUSD 713.57 M––
Fitness class memberships are offered across various gyms and studios.
2013New York, New York, United StatesUSD 524.53 M–1,046
Connected devices for health, sleep, and activity monitoring are developed.
2008Moulineaux, Seine-maritime, FranceUSD 93.83 M––
Subscription-based social networking platform for runners and cyclists
2009San Francisco, California, United StatesUSD 144.6 M––
Metabolic health is tracked via devices and fitness platforms.
2019Bengaluru, Karnataka, IndiaUSD 163.28 MUSD 65.48 M274
Health-tracking smart rings and biosensors are developed for biometric monitoring.
2013Oulu, North Ostrobothnia, FinlandUSD 1.32 B––
Provider of SaaS-driven business management software for beauty salons and fitness centers
2001San Luis Obispo, California, United StatesUSD 118.01 M––
Smartwatches and fitness trackers are provided for activity monitoring.
2007San Francisco, California, United StatesUSD 65.05 MUSD 3.88–
Subscription-based marketplace for sports and fitness venues is offered.
2012Berlin, Berlin, GermanyUSD 198.07 M––
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Frequently Asked Questions about Steppi

Steppi was founded in 2015 and raised its 1st funding round 5 years after it was founded.

Steppi is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.

Steppi is a funded company, having raised a total of $2.52M across 2 funding rounds to date. The company's 1st funding round was a Seed of $720K, raised on Jun 2020.

Steppi was founded in 2015 in Dubai, United Arab Emirates, as an app-based platform in the fitness technology sector. Physical activity is monitored through connections to wearable devices or smartwatches, which record steps taken by users. Reward points are accumulated based on step counts and can be redeemed directly in the app or at partnered retail locations. Operations focus on integrating health tracking with incentive systems for user engagement.

Steppi's top competitors include Paceline, JomRun and Yas.

Steppi offers Virtual Challenges, Live Leaderboards, Data Insights, and Activity Tracking.

Steppi has 1 investor. Key investors include embodyfitness.co.uk.

Steppi operates through Steppi Dmcc.

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