# Fitco S.A.C.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fitco-s-a-c

- Industry: Software
- Headquarters: Peru
- Website: www.fitcolatam.com
- Total disclosed funding: $0.3M
- Latest round: Seed (Sep 30, 2018)
- Investors on record: 3

## About

Fitco S.A.C. is a technology company that provides software solutions for fitness studios and gyms, focusing on streamlining operations and enhancing user engagement through integrated management tools and mobile applications.Fitco S.A.C. was founded in 2016 in Peru and specializes in delivering software solutions for fitness businesses. The firm raised USD 0.35 million in Seed funding on September 30, 2018, led by Angel Ventures, with participation from 500 Global and Outbound Ventures. Alexander Mayor is the founder of the company, which operates primarily in Latin America.Fitco specializes in providing comprehensive software solutions tailored for fitness studios and gyms, focusing on membership management, class reservations, and payment processing. The core product offering includes an integrated web platform and mobile application that enables fitness businesses to streamline operations by managing memberships, class schedules, attendance tracking, and client communications all from a single interface. This service enhances user experience for both management and clients, offering features such as online class bookings—both on-demand and live—along with real-time analytics to monitor business performance. The company serves fitness centers across Latin America, with a strong presence in markets like Mexico and Peru, catering to a diverse clientele that includes boutique gyms, personal trainers, and boxing studios.Fitco operates on a subscription-based revenue model, where clients pay for access to the software services on a recurring basis. The company's clients, primarily fitness studios and gyms, engage in transactions that typically involve signing up for various subscription plans that provide different levels of access and features. These plans include basic functionality such as membership management and online bookings, as well as premium features that offer advanced analytics and enhanced customer engagement tools. The integration with payment processors such as Stripe and Mercado Pago facilitates seamless financial transactions for services rendered, ensuring efficient payment collection. Flagship services include tailored solutions that enable personalized branding and customer communication strategies, which significantly enhance client retention and satisfaction.Fitco S.A.C. plans to leverage its recent funding of USD 0.35 million raised in Seed funding to enhance its product offerings and expand into new markets. The funding will support the development of new features and services designed to improve the user experience further. The company aims to broaden its presence in Latin America, targeting additional regions by 2025, with a specific focus on growing its customer base in Colombia and Brazil. Upcoming product enhancements are also expected to be rolled out in the next year, aimed at solidifying its position in the fitness tech industry.

## Funding rounds

- Seed, Sep 30, 2018, $0.3M — 500 Global, Angel Ventures, Outbound Ventures

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed
- Angel Ventures (https://capitalatlas.ai/funds/angel-ventures) — Seed
- Outbound Ventures (https://capitalatlas.ai/funds/outbound-ventures) — Seed