Tread

Bengaluru, India Founded: 2020 • Age: 6 yrs Acquired By Cult.fit
Online yoga training platform is provided for fitness enthusiasts.
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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
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Treadfit Technologies Private Limited
  • Date of Incorporation 29 Jun, 2020
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Healthcare → Health Technology & Digital Health → →
Key Metrics
  • Annual Revenue
    $1.37 M (USD)
    240.61
    as on Mar 31, 2022
  • Net Profit
    $-3.07 M (USD)
    -27288.37
    as on Mar 31, 2022
  • EBITDA
    $-2.82 M (USD)
    -23649.13
    as on Mar 31, 2022
  • Total Equity Funding
    $1.1 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.1 M (USD), Seed

    Oct 13, 2020

  • Investors
    Cult.fit

    & 14 more

  • Employee Count
    4

    as on Apr 03, 2024

  • 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 Rounds 1
  • Last Round Seed — $1.1M
  • 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
Hemesh Kumar Singh , Sujeet Kumar
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

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. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Better Capital
Early-stage companies are invested in by Better Capital.
Founded Year Domain Location
Stanford Angels
Tech startups are funded by a group of angel investors.
Founded Year Domain Location
Whiteboard Capital
Investment support is provided to startups by Whiteboard Capital.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Amitabh Bachchan family office
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Signite Partners
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Sixteenth Street Capital
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
GGV Capital
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Tread

Investments
Company Name Description Domain Location Founded Year Amount
Bento Cloud
Bionic investment advisor platform
2016
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
GrabKios by Kudo
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Tread

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Tread Comparisons

Employees
+
Add Comparison
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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. 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
myYogaTeacher
domain founded_year HQ Location
Live yoga classes are provided via an online platform.
Shvasa
domain founded_year HQ Location
Online platform offering live yoga classes
OLY Be
domain founded_year HQ Location
A chain of fitness centers is operated in Paris, France.
Zenia
domain founded_year HQ Location
AI-based yoga performance tracking app via smartphone camera is offered.
classmall
domain founded_year HQ Location
Live yoga training classes are delivered via an online platform.
Ompractice
domain founded_year HQ Location
Live yoga classes are streamed online with two-way trainer interaction.
Company Name Domain Founded year HQ Location Description
inDrive
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
Bolt
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
Gojek
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
Dunzo
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Tread

Frequently Asked Questions about Tread

When was Tread founded?

Tread was founded in 2020.

Where is Tread located?

Tread is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Is Tread a funded company?

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.

How many employees does Tread have?

As of Apr 03, 2024, the latest employee count at Tread is 4.

What is the annual revenue of Tread?

Annual revenue of Tread is $1.37M as on Mar 31, 2022.

What does Tread do?

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.

Who are the top competitors of Tread?

Tread's top competitors include Shvasa, myYogaTeacher and OLY Be.

Who are Tread's investors?

Tread has 15 investors. Key investors include Cult.fit, Whiteboard Capital, First Cheque, Better Capital, and Stanford Angels.

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