Sworkit

Rockville, United States Founded: 2012 • Age: 14 yrs Acquired By Nexercise
Equipment-free circuit workouts are guided via a mobile fitness app.

About Sworkit

Sworkit is a company based in Rockville (United States) founded in 2012 by Gregory Coleman, Olubunmi Odumade, and Ryan Hanna was acquired by Nexercise in June 2014. Sworkit has raised $1.5 million across 1 funding round from investors including Nexercise and Mark Cuban. Sworkit offers products and services including Sworkit App, Premium Version, and Corporate Wellness Programs. Sworkit operates in a competitive market with competitors including IFit, Fitterfly, Zwift, FiNC and Kaia Health, among others.

  • Headquarter Rockville, United States
  • Founders Gregory Coleman, Olubunmi Odumade, Ryan Hanna
  • Sectors
    Healthcare
  • Website category Health · Nutrition Diets and Fitness
  • Website sworkit.com
  • Social LinkedIn X Facebook Instagram
  • Acquired by Nexercise (Jun 2014)
  • Legal Name Nexercise, Inc.
Key Metrics
  • Total Equity Funding
    $1.5M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.5M (USD), Angel Round

    Jun 2016

  • Investors
    Nexercise

    & 1 more

  • Acquired by
    Nexercise

    (Jun 2014)

Products & Services of Sworkit

Sworkit offers a comprehensive portfolio of products and services, including Sworkit App, Premium Version, and Corporate Wellness Programs.

Sworkit App
Fitness Platform

Provides on-demand workouts and personalized fitness programs for users.

Premium Version
Subscription Service

Offers enhanced workout options and coaching for better user experience.

Corporate Wellness Programs
Enterprise Solution

Supports organizations with digital health and fitness tools for employees.

Apps and channels of Sworkit

Sworkit publishes 2 mobile apps with over 5M+ downloads.

Sworkit: Fitness & Workouts
Google Play Health & Fitness Everyone Free
Developer: Nexercise Inc
View on Google Play
Sworkit Fitness & Workout App
App Store Health & Fitness 4+
Developer: Nexercise
View on App Store

Funding Insights of Sworkit

Sworkit has successfully raised a total of $1.5M through 1 strategic funding round. The most recent funding activity was a Angel Round of $1.5 million completed in June 2016. 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 $1.5M
  • Total Rounds 1
  • Last Round Angel Round β€” $1.5M
  • First Round $1.5M

    (Jun 2016)

  • Investors Count 1

All 1 funding rounds of Sworkit with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2016$1.5MAngel Round––
Valuation history

2 investors in total: 1 institutional and 1 angel.

Investors in Sworkit

Sworkit has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Nexercise and Mark Cuban.

All
Angel
InvestorDescriptionFounded YearDomainLocation

Mark Cuban

American billionaire, angel investor, Shark Tank star, and Dallas Mavericks owner
–unknown_7244743ae3ad4ada8-
Provider of a fitness training application for users
2010nexercise.comBethesda, United States
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Investor details for Sworkit

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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People of Sworkit

5 people are tracked at Sworkit (5 in leadership).

NameRoleGroup
Gregory Coleman
Co-FounderLeadership
Olubunmi Odumade
Co-FounderLeadership
Ryan Hanna
CEO & ex-Co-FounderLeadership
Greg Coleman
Executive Chairman & Co-founderLeadership
Jake Glover
Vice President of Healthcare StrategyLeadership
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Complete people profiles for Sworkit

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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Verified entity values are shown only after access is granted.

Timeline of Sworkit

3 dated milestones of Sworkit across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded Sworkit is founded.
  2. Exit Acquired by Nexercise.
  3. Funding First funding round of $1.5M.

Competitors of Sworkit

Sworkit 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 IFit, Fitterfly, Zwift, FiNC and Kaia Health, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
ifit.com1977Logan, United States$755M–
Smart interactive fitness equipment and training services are provided.
fitterfly.com2016Mumbai, India$29.9M225
A mobile app is offered for managing multiple chronic diseases.
zwift.com2014Long Beach, United States$597M316
Gamified indoor cycling training is delivered via an app-based platform.
finc.com2012Tokyo, Japan$17.46M–
Online weight-loss programs are delivered via smartphone apps.
kaiahealth.com2016New York, United States$119.06M43
Provider of digital musculoskeletal pain management solutions
keleya.de2017Hamburg, Germany$3.48M18
App offering exercise and yoga plans for pregnant women
waybetter.app2011New York, United States$9.61M–
Provider of gamified health and wellness programs
mightyhealth.com2013Tarzana, United States$10.55M–
In-home health coaching services are provided to clients.
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Detailed competitors of Sworkit

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Web traffic of Sworkit

The website of Sworkit (sworkit.com) receives about 187.3K visits a month and ranks #276,426 among all websites worldwide, #812 in Nutrition Diets and Fitness.

  • Monthly visits
    187.3K

    ▲ 67.2% vs previous month

  • Unique visitors
    35.3K

    per month

  • Global rank
    #276,426

    among all websites

  • Category rank
    #812

    Health · Nutrition Diets and Fitness

Similar websites

Websites whose visitors overlap most with Sworkit. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
sport-fitness-advisor.com
sport-fitness-advisor.com
100%
–#1,798,285–
bione.in
100%
18.6K#1,191,110View details
idealbite.com
96%
––View details
fatcatworkout.com
fatcatworkout.com
96%
–––
spotebi.com
spotebi.com
95%
–#284,412–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 20 similar websites and full traffic analytics for Sworkit

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 20 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Latest news on Sworkit

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Complete news archive for Sworkit

Full article history, source details, and older brand coverage require an active premium plan.

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Similar companies to Sworkit

10 companies that operate in the same segment as Sworkit (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 Sworkit

Sworkit was founded in 2012 and raised its 1st funding round 4 years after it was founded.

Sworkit is headquartered in Rockville, United States. It is registered at Rockville, Maryland, United States.

Ryan Hanna is the current CEO of Sworkit. They have also founded this company.

Sworkit is a funded company, having raised a total of $1.5M across 1 funding round to date. The company's 1st funding round was a Angel Round of $1.5M, raised on Jun 2016.

Sworkit was founded in 2012 in Rockville, United States, within the fitness sector. A mobile app for iOS and Android devices is maintained, delivering circuit-style training sessions from 5 to 60 minutes without requiring equipment or machines. Categories such as strength, stretching, cardio, pilates, and yoga are covered. Availability in 13 languages is supported for global users.

Sworkit's top competitors include IFit, Fitterfly and Kaia Health.

Sworkit offers Sworkit App, Premium Version, and Corporate Wellness Programs.

Sworkit has 2 investors. Key investors include Nexercise, and Mark Cuban.

Sworkit operates through Nexercise, Inc..

Yes. Sworkit was acquired by Nexercise in June 2014.

Yes. Sworkit publishes Sworkit: Fitness & Workouts and 1 more app, with over 5 million downloads.

The website of Sworkit receives about 187 thousand visits a month and ranks #276,426 among all websites worldwide.

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