Mo2tion Technology Innovation
Latest round
- Series A
Last raised
- Mar 2021
Total raised
- $6.5M
Investors
- 4
About Mo2tion Technology Innovation
Mo2tion Technology Innovation ApS specializes in developing fitness technology solutions, primarily focusing on indoor cycling. CEO Kresten Jensen oversees the company's operations, and he is one of the founders alongside Allan Olesen and Mads Madsen.Motosumo offers a comprehensive fitness platform designed to enhance indoor cycling experiences. The core product is the Motosumo app, which enables users to join live or on-demand cycling classes from any stationary bike. Beyond cycling, the app features a diverse library of workouts, including yoga, strength training, and high-intensity interval training (HIIT), catering to a wide array of fitness needs.Motosumo's revenue model relies on subscription services, granting gym owners and individual users access to the platform and workout classes. Clients enter subscription agreements that vary based on user numbers and service types. The flagship Motosumo app is central to the company's revenue-generating activities.00 mn in March 2021, Mo2tion Technology Innovation ApS aims to enhance its offerings by doubling its roster of instructors across Europe, North America, Asia, and Australia. The company plans to expand its technical team and intensify its marketing efforts to support its growth strategy.
Who invested in Mo2tion Technology Innovation
4 investors across 2 rounds
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Questions about Mo2tion Technology Innovation
Who invested in Mo2tion Technology Innovation?
Mo2tion Technology Innovation has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Mo2tion Technology Innovation raised?
Mo2tion Technology Innovation has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Mo2tion Technology Innovation last raise money?
Mo2tion Technology Innovation's most recent round on record is a Series A, in Mar 2021.
What does Mo2tion Technology Innovation do?
Mo2tion Technology Innovation ApS specializes in developing fitness technology solutions, primarily focusing on indoor cycling.
Where is Mo2tion Technology Innovation headquartered?
Mo2tion Technology Innovation is headquartered in Denmark.
Which VCs invest in companies like Mo2tion Technology Innovation?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at Mo2tion Technology Innovation's stage. Their profiles are linked below.
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