About Tread
Tread is a company based in Bengaluru (India) founded in 2020 by Poonam Godara was acquired by Cult.fit in June 2021. Tread has raised $1.1 million across 1 funding round from investors including Cult.fit, Whiteboard Capital and First Cheque. The company has 4 employees as of April 03, 2024. Tread operates in a competitive market with competitors including myYogaTeacher, Shvasa, OLY Be, Zenia and classmall, among others.
- Headquarter Bengaluru, India
- Employees 4 as on 03 Apr, 2024
- Founders Poonam Godara
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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
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- Legal Name Treadfit Technologies Private Limited
- Date of Incorporation 29 Jun, 2020
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$1.37 M (USD)240.61as on Mar 31, 2022
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Net Profit
-$3.07 M (USD)-27288.37as on Mar 31, 2022
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EBITDA
-$2.82 M (USD)-23649.13as on Mar 31, 2022
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Total Equity Funding
$1.1 M (USD)
in 1 rounds
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Latest Funding Round
$1.1 M (USD), Seed
Oct 13, 2020
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Investors
Cult.fit
& 14 more
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Employee Count
4
as on Apr 03, 2024
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Acquired by
Cult.fit
(Jun 10, 2021)
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Funding Insights of Tread
Tread has successfully raised a total of $1.1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.1 million completed in October 2020. 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 1
- Last Round Seed — $1.1M
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First Round
First Round
(13 Oct 2020)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2020 | Amount | Seed - Tread | Valuation | Better Capital , SAE |
Investors in Tread
Tread has secured backing from 15 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Cult.fit, Whiteboard Capital and First Cheque.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage companies are invested in by Better Capital.
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Founded Year | Domain | Location | |
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Tech startups are funded by a group of angel investors.
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Founded Year | Domain | Location | |
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Investment support is provided to startups by Whiteboard Capital.
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Founded Year | Domain | Location |
Investments & Acquisitions by Tread
Financial Statements - Tread
Tread Comparisons
Competitors of Tread
Tread 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 myYogaTeacher, Shvasa, OLY Be, Zenia and classmall, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Live yoga classes are provided via an online platform.
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| domain | founded_year | HQ Location |
Online platform offering live yoga classes
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| domain | founded_year | HQ Location |
A chain of fitness centers is operated in Paris, France.
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| domain | founded_year | HQ Location |
AI-based yoga performance tracking app via smartphone camera is offered.
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| domain | founded_year | HQ Location |
Live yoga training classes are delivered via an online platform.
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| domain | founded_year | HQ Location |
Live yoga classes are streamed online with two-way trainer interaction.
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Latest news on Tread
Frequently Asked Questions about Tread
Tread was founded in 2020.
Tread is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Tread is a funded company, having raised a total of $1.1M across 1 funding round to date. The company's 1st funding round was a Seed of $1.1M, raised on Oct 13, 2020.
As of Apr 03, 2024, the latest employee count at Tread is 4.
Annual revenue of Tread is $1.37M as on Mar 31, 2022.
TREAD was founded in 2020 in Bengaluru, India, as a provider of an online platform focused on yoga training within the fitness sector. Live sessions covering cardio, strength, running, and related areas are offered to users. Interaction with fitness trainers is facilitated to track health progress. Unlimited access to workouts and real-time leaderboards are included in the services.
Tread's top competitors include Shvasa, myYogaTeacher and OLY Be.
Tread has 15 investors. Key investors include Cult.fit, Whiteboard Capital, First Cheque, Better Capital, and Stanford Angels.