# Future Research

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/future-research

- Industry: Travel & Leisure
- Headquarters: San Francisco, US
- Website: www.future.co
- Total disclosed funding: $111M
- Latest round: Series C (Feb 3, 2022)
- Investors on record: 12

## About

Future Research, Inc. specializes in personalized fitness coaching, leveraging technology to enhance user engagement and accountability in achieving health and wellness goals.Founded in 2017 in San Francisco, US, Future Research, Inc. provides tailored fitness coaching services. The company has conducted 5 deals, with its most recent deal on February 3, 2022, during which it raised USD 75 mn in Series C funding led by SC Holdings and Trustbridge Partners. The CEO is Rishi Mandal, one of the co-founders along with Justin Santamaria and Marcelo Vitulli.Future offers a personalized fitness coaching service designed to enhance user engagement and promote accountability in achieving health and fitness goals. Central to their offerings is the integration of personal coaching, wherein clients are paired with dedicated coaches who tailor fitness plans to individual needs, preferences, and circumstances. This service addresses various end-use cases, including weight loss, fitness improvement, and lifestyle changes, accommodating users on specific diets or medications. Future's coaching platform includes features such as workout tutorials, performance feedback through the Record My Form tool, and access to discounts on health and wellness products. The company targets a diverse customer base that spans various demographics and geographies, notably in North America and Europe, ensuring accessibility to users seeking a comprehensive approach to fitness and wellness.Future operates primarily on a subscription model, where clients pay for monthly access to personalized coaching services. The transaction structure is direct-to-consumer, allowing users to engage directly with their coaches via the company's platform. Clients benefit from promotions, such as discounts on the first month's subscription, which incentivizes initial engagement. Pricing plans typically involve a fixed monthly fee that covers ongoing coaching support, access to workout resources, and personalized guidance tailored to individual health journeys. This subscription model facilitates a steady revenue stream, enabling Future to continue enhancing its service offerings while maintaining customer relationships through ongoing fitness and wellness support.In February 2022, Future Research, Inc. raised USD 75 mn in Series C funding to accelerate its marketing efforts and product development. The company plans to expand into additional categories of health coaching. The recent funding will also support initiatives to surpass USD 100 mn ARR by early 2023.

## Funding rounds

- Series C, Feb 3, 2022, $75M — Kleiner Perkins, Trustbridge Partners, Endeavor Catalyst, Optum Ventures, Thirty5 Ventures, Harris Blitzer Sports & Entertainment, SC Holdings, Symphony Ventures
- Series B, Oct 16, 2020, $24M — Kleiner Perkins, Trustbridge Partners, Caffeinated Capital
- Series A, May 23, 2019, $8.5M — Kleiner Perkins, Founders Fund, Khosla Ventures, Caffeinated Capital, Abstract Ventures
- Seed, Apr 1, 2018, $3M — Khosla Ventures, Abstract Ventures

## Investors

- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Seed, Series A
- Abstract Ventures (https://capitalatlas.ai/funds/abstract-ventures) — Seed, Series A
- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Series A, Series B, Series C
- Founders Fund (https://capitalatlas.ai/funds/founders-fund) — Series A
- Caffeinated Capital (https://capitalatlas.ai/funds/caffeinated-capital) — Series A, Series B
- Trustbridge Partners (https://capitalatlas.ai/funds/trustbridge-partners) — Series B, Series C
- Endeavor Catalyst (https://capitalatlas.ai/funds/endeavor-catalyst) — Series C
- Optum Ventures (https://capitalatlas.ai/funds/optum-ventures) — Series C
- Thirty5 Ventures (https://capitalatlas.ai/funds/thirty5-ventures) — Series C
- Harris Blitzer Sports & Entertainment — Series C
- SC Holdings (https://capitalatlas.ai/funds/sc-holdings) — Series C
- Symphony Ventures (https://capitalatlas.ai/funds/symphony-ventures) — Series C