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 unknown. 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
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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
*********
- Legal Name Steppi Dmcc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.52 M (USD)
in 2 rounds
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Latest Funding Round
$1.8 M (USD), Series A
Oct 16, 2021
- Investors
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Employee Count
Employee Count
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Products & Services of Steppi
Steppi offers a comprehensive portfolio of products and services, including Virtual Challenges, Live Leaderboards, Data Insights, and Activity Tracking. 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.
Platform for creating customizable team activity challenges.
Real-time progress tracking to motivate participants in challenges.
Tools for exporting activity data and recognizing achievements.
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 Total Funding
- Total Rounds 2
- Last Round Series A — $1.8M
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First Round
First Round
(25 Jun 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Series A - Steppi | Valuation | unknown |
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| Jun, 2020 | Amount | Seed - Steppi | 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 Steppi
Steppi has secured backing from 1 investor. Prominent investors backing the company include unknown. 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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| 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 Steppi
| 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 - Steppi
| 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 |
Steppi Comparisons
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. 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of mobile app for fitness enthusiasts
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| domain | founded_year | HQ Location |
Fitness activities are tracked and rewarded through a mobile app.
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| domain | founded_year | HQ Location |
Provider of reward based app for the individuals
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| domain | founded_year | HQ Location |
Reward-based fitness app
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| domain | founded_year | HQ Location |
Offers a wearable-dependent app for activity tracking.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Steppi
When was Steppi founded?
Steppi was founded in 2015 and raised its 1st funding round 5 years after it was founded.
Where is Steppi located?
Steppi is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Is Steppi a funded company?
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 25, 2020.
What does Steppi do?
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.
What products or services does Steppi offer?
Steppi offers Virtual Challenges, Live Leaderboards, Data Insights, and Activity Tracking.
Who are Steppi's investors?
Steppi has 1 investor. Key investors include unknown.
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