# PunchLab S.R.L.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/punchlab-s-r-l

- Industry: Internet
- Headquarters: Rome, Italy
- Website: www.punchlab.net
- Total disclosed funding: $0.3M
- Latest round: Seed (May 20, 2020)
- Investors on record: 2

## About

PunchLab S.R.L. is an Italian company specializing in innovative training solutions for boxing and combat sports, offering advanced technology through their mobile platform.Founded in 2017 in Rome, Italy, PunchLab S.R.L. develops unique training platforms for boxing enthusiasts. The company has raised EUR 0.3 mn in Seed funding, led by Primo Capital, with participation from LVenture. The latest funding round occurred on May 20, 2020, and the company has completed two deals to date. Valerio Raco serves as the CEO, and alongside co-founder Simone Carcone, they focus on enhancing the training experience of users worldwide.PunchLab delivers a unique platform aimed at improving boxing and combat training through its innovative mobile application. This app allows users to engage in boxing workouts with a punching bag or through shadowboxing, featuring tailored workout modules designed to meet various fitness objectives, including boxing technique and cardio fitness. Its offerings cater to a diverse audience, from beginners to advanced fighters, enhancing their skills and fitness levels. PunchLab's services are accessible across North America and Europe via mobile devices and smart TVs.In 2022, PunchLab reported a revenue of EUR 609,551, with an EBITDA of EUR -306,074. The company primarily generates income through a subscription-based model, enabling users to access a comprehensive library of boxing workouts and training programs. Clients can choose from various subscription tiers and purchase additional products like the Bag-Tracking Strap and Bluetooth Wrist Trackers, which improve the training experience by tracking performance metrics.PunchLab S.R.L. aims to leverage its recent Seed funding of EUR 0.3 mn, raised on May 20, 2020, to support the development of new training products and expand its market presence. The company is exploring opportunities to launch additional features within its app and plans to target new geographic regions, focusing on enhancing its reach in North America and entering additional European markets. Specific timelines for these expansions and product launches are not disclosed, but the company is positioning itself for growth in the coming years.

## Funding rounds

- Seed, May 20, 2020, $0.3M — LVenture, Primo Capital

## Investors

- LVenture (https://capitalatlas.ai/funds/lventure) — Seed
- Primo Capital (https://capitalatlas.ai/funds/primo-capital) — Seed