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Digital Fitness Platform - Fiton - Announces $40M In New Funding & Acquisition Of Peerfit

PRIVATEFeb 16, 2022

Acquiring Company

FitOn

Acquired Company

Peerfit, Inc.

West HollywoodOrlandoInformation TechnologySportsFitnessWellnessOtherInformation TechnologyHealth CareSports

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.

Quick answer

FitOn is acquiring Peerfit, Inc., announced February 16, 2022. FitOn is based in West Hollywood, California, United States.

Who acquired Peerfit, Inc?
FitOn agreed to acquire Peerfit, Inc. on February 16, 2022.
How much did FitOn pay for Peerfit, Inc?
The deal value was not disclosed.
What does FitOn do?
FitOn is the largest health & wellness platform providing instant access to the widest variety of premium workouts and health experiences, all from world class trainers, experts and celebrities.
Where are FitOn and Peerfit, Inc. based?
FitOn is based in West Hollywood, California, United States. Peerfit, Inc. is based in Orlando, Florida, United States.
Who are the decision-makers at FitOn?
Fundz holds 2 contacts at FitOn. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

FitOn

Location

8605 Santa Monica Blvd #16613

West Hollywood, California, United States

About

FitOn is the largest health & wellness platform providing instant access to the widest variety of premium workouts and health experiences, all from world class trainers, experts and celebrities. It works with top health plans and enterprise customers to drive best-in-class engagement through its digital platform, expansive network of fitness studios and gyms, and condition management courses. The FitOn Health platform provides the only truly integrated hybrid preventative care solution for employers and health plans to supercharge their benefits and help their members be more active, connect with coworkers, friends and family, and make leading a healthy lifestyle fun and motivating.

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Frequently asked

Who acquired Peerfit, Inc.?

Peerfit, Inc. was acquired by FitOn, based in West Hollywood. The deal was reported on February 16, 2022. FitOn is the largest health & wellness platform providing instant access to the widest variety of premium workouts and health experiences, all from world class trainers, experts and celebrities. FitOn is privately held and operates in Information Technology.

When did FitOn acquire Peerfit, Inc.?

FitOn's acquisition of Peerfit, Inc. was reported on February 16, 2022. 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. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Peerfit, Inc. do?

Peerfit is a market leader in connecting employers and health plans with personalized fitness experiences. It is privately held, operating in Other, and is based in Orlando.

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