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Digital Fitness Platform - Fiton - Announces $40M In New Funding & Acquisition Of Peerfit
Acquiring Company
FitOn
Acquired Company
Peerfit, Inc.
Description
FitOn, the No. 1 fitness app and digital fitness platform, announced today it has raised $40M in new funding and is expanding its reach in healthcare and wellness through the acquisition of Peerfit, a corporate wellness leader. The Series C was led by Delta-v Capital with participation from Accel, Maverick Ventures, Second Avenue Partners and Mantis VC along with a strategic investment from United Talent Agency's venture fund, UTA VC, bringing the company's total funding to $70M.