Actofit - About the company
Actofit is a seed company based in Mumbai (India), founded in 2014 by Tushar Patil. It operates as a Developer of connected fitness tracking devices. Actofit has raised $867K in funding from Next Orbit Ventures, with a current valuation of $*****. The company has 627 active competitors, including 87 funded and 32 that have exited. Its top competitors include companies like Withings, Whoop and Fitbit.
Company Details
Developer of connected fitness tracking devices. The company offers smart scale weight tracking devices, wrist wear, chest straps, badminton tracking devices, and nutrition tracking devices.
- Website
- actofit.com
- Email ID
- *****@actofit.com, *****@actofit.com
- Phone Number
- +91 **********
- Registered Address
- OFFICE NO. 502 5TH FLOOR ORIGIN 108 BHAKTI BHAVAN LANE, OFF SION TROMBAY ROAD CHEMBUR MUMBAI, Mumbai, Mumbai, Mumbai, Maharashtra, India, 400071
Key Metrics
Founded Year
2014
Location
Mumbai, India
Stage
Seed
Total Funding
$867K in 3 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jul 01, 2023
Investors
Ranked
28th among 627 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2024
Employee Count
19 as on Jun 30, 2026
Investment & Acquisitions
Legal entities associated with Actofit
Actofit is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
OXSTREN WEARABLE TECHNOLOGIES PRIVATE LIMITED CIN: U72900MH2015PTC264768 , India, Active | May 22, 2015 | 0 - ₹10 Cr (As on Mar 31, 2024) | - |
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Actofit's funding and investors
Actofit has raised a total funding of $867K over 3 rounds. Its first funding round was on Jul 2015. Its latest funding round was a Seed round on Jul 01, 2023 for $*****. 3 investors participated in its latest round. Actofit has 7 institutional investors and 21 angel investors.
Here is the list of recent funding rounds of Actofit:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 01, 2023 | 4174567 | Seed | 1942002 | 3268277 | 8502949 | 4228614 |
Jul 16, 2016 | 5623933 | Seed | 4769937 | 4896273 | 3787895 | |
Jul 2015 | 3253994 | Seed | 5852833 | 1955343 | 1006292 |
View details of Actofit's funding rounds and investors
Actofit's founders and board of directors
Founder? Claim ProfileThe founders of Actofit is Tushar Patil.
Here are the details of Actofit's key team members:
- Tushar Patil: Former Co-Founder of Actofit. They are also an angel investor in 1 startup.Contact Info: 1 email address
Actofit's Board of Directors
Actofit's board has 1 active member. Pratik Saraogi is part of team.Here is the list of Actofit's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 11y 3m | |
mivxinq | Team | - | Past | 7y 8m |
View details of Actofit's Founder profiles and Board Members
Actofit's employee count trend
Actofit has 19 employees as of Jun 26. Here is Actofit's employee count trend over the years:
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Actofit's Competitors and alternates
Top competitors of Actofit include Withings, Whoop and Fitbit. Here is the list of Top 10 competitors of Actofit, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Developer of an array of connected products | $93.8M | 82/100 | ||
2nd | Whoop 2012, Boston (United States), Series G | Provider of wearable trackers to monitor fitness data | $979M | 78/100 | |
3rd | Fitbit 2007, San Francisco (United States), Acquired | Internet-first brand offering smartwatches and fitness trackers | $65.1M | 78/100 | |
4th | Zepp Labs 2011, San Jose (United States), Acquired | Developer of wearable devices and digital health management platform solutions | $20M | 75/100 | |
5th | AliveCor 2010, Mountain View (United States), Series F | Developer of remote cardiac monitoring solutions and related analysis software | $114M | 74/100 | |
6th | Shot Scope 2014, Edinburgh (United Kingdom), Series B | Provider of wearable devices for golf performance tracking | $23.3M | 67/100 | |
7th | Garmin International 1989, Olathe (United States), Public | Provider of smartwatches, wearable technology, marine equipment, and aviation products | - | 65/100 | |
8th | Misfit Wearables 2011, Burlingame (United States), Acquired | Provider of wearable devices | $63M | 61/100 | |
9th | STATSports 2008, Newry (United Kingdom), Acquired | Players performance tracking solution | - | 60/100 | |
10th | Provider of application, wearable devices, and mobile plans for families | - | - | 59/100 | |
28th | Developer of connected fitness tracking devices | $867K | 49/100 |
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Actofit's Investments and acquisitions
Actofit has acquired Adkitty. Actofit has not made any investments as of now.Reports related to Actofit
Here is the latest report on Actofit's sector:
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