Technology Running and Wellness Platform, Poised for Growth
Technology Running and Wellness Platform, Poised for Growth
Price: Refer to Broker
Location: N/A
Listing ID: SV00183
After almost 15 years of building a successful tecnology running and wellness platform, the founding team has decided it’s time to prepare for exit to a strategic buyout to accelerate the growth potential for this technology platform. For continued business growth, the business requires capital and strategic channels to realize the full market potential. This technology platform offers the personalization of a world-class running platform via a patented algorithm + certified coaching support for premium members.
To date the company has grown with Limited capital ($2.1M raised from 2012-2018) mostly devoted to building running platform and wellness platform for dynamic activity platform even when a global pandemic that eliminated road races for 18 months and froze corporate spending
Their mission is to help people become and stay active. Running and activity are more than times and distances, but a means to get unstuck when life becomes challenging.
Key Acquisition Highlights
Downloaded in 185 countries
7% average improvement in finishing times
Highly scalable data + tech + light with human touch
56% Women customers, 30% International
Integrations with Apple, Garmin, Strava, Fitbit
Active customer engagement with 1M+ Schedules created and Coaching Support Conversations
Garmin Rewards Sponsorship $1M+ Garmin Sales 4,000+ Redeemers
Total Sales: $760,239
Cash Flow: Refer to Broker
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