Elanation

Consumer ProductsSeedSydney, Australiaelanation.com

Latest round

Seed

Last raised

Dec 2016

Total raised

$0.1M

Investors

1

About Elanation

Elanation Pty Ltd operates in the sports and fitness sector, providing smart wearable devices and fitness applications. The company is headquartered in Sydney, Australia.Elanation specializes in a range of innovative products designed for the sports and fitness market, focusing on enhancing user experience through technology. Their core offerings include fitness apps, smart wearable devices, and unique training equipment that cater to individual health monitoring, workout tracking, and skill development. Examples of these include smart jump ropes, compact weight simulation devices, and health-monitoring rings that connect via smartphone applications to provide users with insights into their vitals, training progress, and overall fitness levels.Revenue is generated through a combination of direct-to-consumer sales and subscription models for associated applications. Products such as smart helmets, compact golf simulators, and other fitness devices are available for purchase through the company's online platform or authorized retailers. Subscription services for the fitness apps allow users access to premium features and personalized training programs. The structure of these transactions varies, offering options for one-time purchases or recurring subscription fees based on user-selected service levels. The company is focused on expanding its product line, including the introduction of advanced smart fitness devices aiming for release in the next 12 to 18 months. Additionally, Elanation seeks to penetrate new markets in Asia and Europe, targeting a broader customer base by late 2024.

Who invested in Elanation

1 investor across 1 round

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Funding rounds

  1. Seed

    Dec 6, 2016

    Amount

    $0.1M

    Investors

    Locked

Questions about Elanation

Who invested in Elanation?

Elanation has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Elanation raised?

Elanation has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Elanation last raise money?

Elanation's most recent round on record is a Seed, in Dec 2016.

What does Elanation do?

Elanation Pty Ltd operates in the sports and fitness sector, providing smart wearable devices and fitness applications.

Where is Elanation headquartered?

Elanation is headquartered in Sydney, Australia.

Which VCs invest in companies like Elanation?

Among active investors with capital left to deploy, Blackbird, AirTree Ventures, Square Peg and Immutable Ventures back consumer products companies at Elanation's stage. Their profiles are linked below.

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