MoFit
Latest round
- Angel
Last raised
- Dec 2018
Total raised
- Undisclosed
Investors
- 1
About MoFit
MoFit, founded in 2017 and headquartered in Beijing, China, specializes in developing smart fitness products.MoFit offers a range of innovative fitness products designed to enhance the user experience across various fitness regimes. Their core offerings include smart fitness equipment, mobile applications for workout tracking, and health monitoring devices. These products cater to a diverse clientele, from fitness enthusiasts seeking performance optimization to casual users aiming for health improvements. The primary end-use cases revolve around providing users with detailed analytics on their physical activities and health metrics, facilitating personalized workout regimens and promoting a healthier lifestyle.MoFit's revenue model revolves around a combination of direct-to-consumer sales and B2B partnerships, enabling them to cater to a broad customer base. Transactions typically occur through online purchases of their flagship products, which include subscription services for premium app features or accessories related to their fitness equipment. The pricing structure encompasses tiered subscription plans, allowing users to select options that best fit their fitness needs. Additionally, partnerships with retailers and fitness centers further enhance their reach, providing customers with various purchasing avenues.MoFit is focused on expanding its product line with upcoming releases, including new smart fitness devices and enhanced app features slated for launch in 2023. The company plans to penetrate additional markets in Asia and Europe by 2025, aiming to increase its global footprint.
Who invested in MoFit
1 investor across 1 round
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Funding rounds
Angel
Dec 10, 2018
Amount
Undisclosed
Investors
Questions about MoFit
Who invested in MoFit?
MoFit 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 MoFit raised?
MoFit has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did MoFit last raise money?
MoFit's most recent round on record is a Angel, in Dec 2018.
What does MoFit do?
MoFit, founded in 2017 and headquartered in Beijing, China, specializes in developing smart fitness products.
Where is MoFit headquartered?
MoFit is headquartered in Beijing, China.
Which VCs invest in companies like MoFit?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Peak XV Partners, MPCi and Luminous Ventures back consumer services companies at MoFit's stage. Their profiles are linked below.
VCs backing consumer services startups at Angel
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