About Sweatcoin
Sweatcoin is a company based in London (United Kingdom) founded in 2015 by Egor Khmelev, Anton Derlyatka, and Oleg Fomenko. It operates as a HealthTech and Commission-Based. Sweatcoin has raised $14.49 million across 3 funding rounds from investors including Spartan Partners, NEAR Foundation and Electric Capital. The company has 34 employees as of September 30, 2023. Sweatcoin offers products and services including Sweatcoin App. Sweatcoin operates in a competitive market with competitors including Charity Miles, Km Solidario, Charity Footprints, Benefit Tech and Community Challeng, among others.
- Headquarter London, United Kingdom
- Employees 34 as on 30 Sep, 2023
- Founders Egor Khmelev, Anton Derlyatka, Oleg Fomenko
- Stage Minicorn
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Sectors
Healthcare
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Sweatco Ltd
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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
$14.49 M (USD)
in 3 rounds
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Latest Funding Round
$13 M (USD), Series A
Jul 28, 2022
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Investors
Spartan Partners
& 6 more
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Employee Count
34
as on Sep 30, 2023
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Products & Services of Sweatcoin
Sweatcoin offers a comprehensive portfolio of products and services, including Sweatcoin App.
An app rewarding users for walking and activity.
People of Sweatcoin
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Funding Insights of Sweatcoin
Sweatcoin has successfully raised a total of $14.49M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $13 million completed in July 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 Sweatcoin
Sweatcoin has secured backing from 7 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Spartan Partners, NEAR Foundation and Electric Capital.
| Investor | Description | Founded Year | Domain | Location |
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Cryptocurrency investment firm
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Venture capital and funds of fund firm focused on multiple sectors
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Private equity firm
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Investor details for Sweatcoin
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Sweatcoin
Investment portfolio details for Sweatcoin
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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Financial Statements - Sweatcoin
Detailed financials for Sweatcoin
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
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Sweatcoin Comparisons
Peer comparison for Sweatcoin
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
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- Operating benchmarks
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Competitors of Sweatcoin
Sweatcoin 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 Charity Miles, Km Solidario, Charity Footprints, Benefit Tech and Community Challeng, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Mobile-based application for fundraising
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A mobile app for tracking physical activities and converting rewards into charitable donations.
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Offers virtual races and wellness events for fundraising and employee health promotion.
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App for fitness tracking
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Nonprofit organization offering health coaching, webinars, and community challenges.
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Detailed competitors of Sweatcoin
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
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Latest news on Sweatcoin
Complete news archive for Sweatcoin
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- Brand-specific news history
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Frequently Asked Questions about Sweatcoin
Sweatcoin was founded in 2015.
Sweatcoin is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Sweatcoin is a funded company, having raised a total of $14.49M across 3 funding rounds to date.
As of Sep 30, 2023, the latest employee count at Sweatcoin is 34.
Sweatcoin is designed as a health and fitness application to promote physical activity by rewarding users for walking. It operates in over 70 countries, focusing on creating a healthier lifestyle and sustainable behavioral change. Partnerships with health services, brands, insurers, and governments are leveraged to provide incentives and reduce healthcare costs. Solutions include personalized health stats and a marketplace for redeeming rewards like tech products and services.
Sweatcoin's top competitors include Charity Miles, Benefit Tech and Million Steps.
Sweatcoin offers Sweatcoin App.
Sweatcoin has 7 investors. Key investors include Spartan Partners, NEAR Foundation, Electric Capital, Jump Capital, and GSR Capital.
The valuation of Sweatcoin is $2.42M as of Jan 2015.