Vitruvian

Perth, Australia Founded: 2018 • Age: 8 yrs
Smart resistance training equipment and app are provided by Vitruvian.
Annual revenue - Latest available
Total funding $51.4M 4 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

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
  • Sectors
    Healthcare
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $51.4 M (USD)

    in 4 rounds

  • Latest Funding Round
    $21.8 M (USD), Series A

    Dec 12, 2023

  • Investors
  • Employee Count
    Not available
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People of Vitruvian

Headcount 10-50
Employee Profiles 6
Employee Profiles
People
Sapphire Carter
Junior Software Engineer
People
Jessica Dang
Product Designer
People
Jason Ankers
Lead Software Engineer
People
Leon Turpin
Software Engineer

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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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage tech-focused VC investment company investing primarily in Australia
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Venture capital invesing in early stage tech companies
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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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Investor details for Vitruvian

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Investments & Acquisitions by Vitruvian

Investments
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Investment portfolio details for Vitruvian

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Financial Statements - Vitruvian

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Detailed financials for Vitruvian

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Vitruvian Comparisons

Vitruvian Primary company
Description
Smart resistance training equipment and app are provided by ...
Location
Perth, Australia
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Vitruvian

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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
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Smart fitness equipment and streaming platforms are provided.
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Jira-integrated software for resource management and time tracking is developed.
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AI-based full-body motion analysis and strength training system is offered.
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Online fitness classes are offered via membership access.
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Smart home gym equipment is provided for fitness training.
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Detailed competitors of Vitruvian

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Latest news on Vitruvian

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Complete news archive for Vitruvian

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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.

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's top competitors include Peloton, Tonal and OxeFit.

Vitruvian has 3 investors. Key investors include Evolution Wellness, Larsen Ventures, and TEN13.

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