# Tempo

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tempo

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.tempo.fit/
- Total disclosed funding: $268M
- Latest round: Series C (Apr 4, 2021)
- Investors on record: 10

## About

Tempo Interactive Inc., based in the US, specializes in AI-driven home fitness solutions that offer personalized training experiences, aiming to enhance user health and fitness through innovative technology.Tempo Interactive Inc. was founded in 2015 in San Francisco, US, and focuses on providing AI-powered home gym memberships. The company has successfully completed 5 deals, with the latest funding round being a SERIES C in April 2021, raising USD 175.00 mn led by SB Investment Advisers. Moawia Eldeeb serves as CEO, ensuring the company’s strategic direction alongside his co-founders, Joey Cohen and Kevin Rath. The company currently does not have any reported subsidiaries or parent companies.Tempo's core product offerings revolve around an AI-powered home gym membership designed to enhance user fitness through personalized training experiences. The primary service includes access to a sophisticated home gym setup that utilizes color-coded weights and real-time tracking to adapt workouts as users progress. This training environment aims to address various fitness needs, from general fitness improvement to specific adjustments for individuals recovering from injuries or seeking low-impact routines. The company serves a diverse clientele, including fitness enthusiasts, beginners, and individuals with specific health considerations, fostering a community through social engagement platforms like an official Facebook group. Tempo's products are marketed primarily in North America and parts of Europe, emphasizing accessibility and adaptability for at-home workouts.Tempo operates under a subscription-based revenue model, where clients pay a monthly fee starting at USD 20 for membership access to their AI-driven fitness platform and home gym equipment. Transactions typically occur directly between Tempo and its customers, with seamless integration of virtual personal training sessions that can be scheduled and adjusted according to individual preferences. The pricing structure facilitates direct-to-consumer interactions, with additional opportunities for clients to purchase accessories and apparel through the Tempo online store. This model supports recurring revenue and promotes customer retention through continual engagement and performance tracking, ensuring that users remain motivated and invested in their fitness journeys.In April 2021, Tempo Interactive Inc. raised USD 175 mn in SERIES C funding to enhance its operations. The company plans to utilize the funding to shore up its supply chain, keep pace with increased consumer demand, and support ongoing research and development efforts. Tempo aims to introduce new products and expand its market presence, focusing on increasing accessibility in existing regions and targeting additional geographic areas. Mr. Moawia Eldeeb will continue to guide the company as it pursues these growth initiatives.

## Funding rounds

- Series C, Apr 4, 2021, $175M — DCM, General Catalyst Partners, Norwest Venture Partners, SB Investment Advisers, Bling Capital, Steadfast Venture Capital
- Series B, Jul 8, 2020, $57M — DCM, General Catalyst Partners, Norwest Venture Partners, Founders Fund, Y Combinator, SignalFire, Bling Capital
- Series A, Feb 26, 2020, $18M — DCM, Founders Fund, Khosla Ventures, Y Combinator, SignalFire, Bling Capital
- Series A, Jul 18, 2019, $17M — DCM, Founders Fund, Khosla Ventures, Y Combinator, SignalFire, Bling Capital
- Seed, Jun 30, 2015, $1.8M — Khosla Ventures, Y Combinator, SignalFire

## Investors

- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Seed, Series A
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed, Series A, Series B
- SignalFire (https://capitalatlas.ai/funds/signalfire) — Seed, Series A, Series B
- DCM (https://capitalatlas.ai/funds/dcm) — Series A, Series B, Series C
- Founders Fund (https://capitalatlas.ai/funds/founders-fund) — Series A, Series B
- Bling Capital (https://capitalatlas.ai/funds/bling-capital) — Series A, Series B, Series C
- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Series B, Series C
- Norwest Venture Partners (https://capitalatlas.ai/funds/norwest-venture-partners) — Series B, Series C
- SB Investment Advisers (https://capitalatlas.ai/funds/sb-investment-advisers) — Series C
- Steadfast Venture Capital — Series C