About Vitruvian
Vitruvian is a company based in Perth (Australia) founded in 2018. Vitruvian has raised $51.4 million across 4 funding rounds from investors including Evolution Wellness, Larsen Ventures and TEN13. Vitruvian operates in a competitive market with competitors including Peloton, Tempo, Tonal, Lululemon Studio and Speediance, among others.
- Headquarter Perth, Australia
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Sectors
HealthcareTechnology
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$51.4 M (USD)
in 4 rounds
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Latest Funding Round
$21.8 M (USD), Series A
Dec 12, 2023
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Investors
Evolution Wellness
& 2 more
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Employee Count
Employee Count
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People of Vitruvian
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Funding Insights of Vitruvian
Vitruvian has successfully raised a total of $51.4M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $21.8 million completed in December 2023. 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 4
- Last Round Series A — $21.8M
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First Round
First Round
(25 Nov 2020)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2023 | Amount | Series A - Vitruvian | Valuation | Larsen Ventures , TEN13 |
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| Apr, 2022 | Amount | Series A - Vitruvian | Valuation | Larsen Ventures , TEN13 |
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| Jun, 2021 | Amount | Seed - Vitruvian | Valuation |
investors |
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Investors in Vitruvian
Vitruvian has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Evolution Wellness, Larsen Ventures and TEN13.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage tech-focused VC investment company investing primarily in Australia
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Founded Year | Domain | Location | |
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Venture capital invesing in early stage tech companies
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Founded Year | Domain | Location | |
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Network of fitness and wellness brands offering club memberships. It operates a portfolio of fitness brands, each with a distinct identity. The network includes a proprietary membership management system. Licensing opportunities are available for select brands. The company aims to create a comprehensive wellness ecosystem for its members.
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Founded Year | Domain | Location |
Investments & Acquisitions by Vitruvian
Financial Statements - Vitruvian
Vitruvian Comparisons
Competitors of Vitruvian
Vitruvian 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 Peloton, Tempo, Tonal, Lululemon Studio and Speediance, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Smart fitness equipment and streaming platforms are provided.
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| domain | founded_year | HQ Location |
Jira-integrated software for resource management and time tracking is developed.
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| domain | founded_year | HQ Location |
AI-based full-body motion analysis and strength training system is offered.
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| domain | founded_year | HQ Location |
Online fitness classes are offered via membership access.
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| domain | founded_year | HQ Location |
Smart home gym equipment is provided for fitness training.
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Frequently Asked Questions about Vitruvian
Vitruvian was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Vitruvian is headquartered in Perth, Australia. It is registered at Perth, Western Australia, Australia.
Vitruvian is a funded company, having raised a total of $51.4M across 4 funding rounds to date. The company's 1st funding round was a Seed of $11.2M, raised on Nov 25, 2020.
Vitruvian was founded in 2018 in Perth, Australia, and operates in the fitness technology sector. Resistance training equipment is offered, featuring algorithms that automatically adjust weight stacks to match ideal pulling ranges, with weights increasing or decreasing at precise moments. An accompanying app is synced to record workout data, track progress, and deliver instructional videos for home-based training.
Vitruvian has 3 investors. Key investors include Evolution Wellness, Larsen Ventures, and TEN13.