FitWell - About the company
FitWell is a seed company based in Istanbul (Turkey), founded in 2014 by Baris Ozaydinli and Sinan Uycan. It operates as an AI based mobile app that acts as a personal trainer and nutritionist helping people achieve their fitness goals.. FitWell has raised $616K in funding from investors like Lastminute, Founders Factory and MADE.COM. The company has 2531 active competitors, including 101 funded and 23 that have exited. Its top competitors include companies like IFit, Virta and HealthifyMe.
Company Details
FitWell is a mobile -based app that provides health and fitness coaching online. The app uses AI to provides personal trainer, nutritionist and life coach. Helps the users set a fitness goal and guide them to achieve it by offering personal workout and daily meal plans, tracking their progress and adapting the plan accordingly. Provides regular feedbacks, progress reports, timely reminders and rewards their achievements with badges, points, and awards. FitWell is compatible with Healthkit and Watchkit.
- Website
- fitwell.co
- Social
Key Metrics
Founded Year
2014
Location
Istanbul, Turkey
Stage
Seed
Total Funding
$616K in 2 rounds
Latest Funding Round
Investors
Ranked
95th among 2531 active competitors
Employee Count
14 as on Jul 01, 2024
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FitWell's funding and investors
FitWell has raised a total funding of $616K over 2 rounds. Its first funding round was on Sep 30, 2016. Its latest funding round was a Seed round on Feb 09, 2017 for $*****. 4 investors participated in its latest round. FitWell has 4 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of FitWell:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 09, 2017 | 8471453 | Seed | 5614467 | 6238145 | 2829308 | 6575283 |
Sep 30, 2016 | 3942337 | Seed | 7859822 | 8664578 | 2084776 |
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FitWell's founders and board of directors
Founder? Claim ProfileThe founders of FitWell are Baris Ozaydinli and Sinan Uycan.
Here are the details of FitWell's key team members:
- Baris Ozaydinli: Co-Founder & CEO of FitWell and founder of 1 other company.
- Sinan Uycan: Founder & Coo of FitWell.
View details of FitWell's Founder profiles and Board Members
FitWell's employee count trend
FitWell has 14 employees as of Jul 24. Here is FitWell's employee count trend over the years:
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FitWell's Competitors and alternates
Top competitors of FitWell include IFit, Virta and HealthifyMe. Here is the list of Top 10 competitors of FitWell, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  IFit 1977, Logan (United States), Late Stage | Provider of smart interactive fitness training equipment | $755M | 79/100 | |
2nd |  Virta 2014, San Francisco (United States), Series E | Provider of therapies for metabolic health in chronic disease patients | $402M | 77/100 | |
3rd |  HealthifyMe 2012, Bengaluru (India), Series C | Provider of AI-powered personalized nutrition and fitness coaching | $145M | 69/100 | |
4th | App providing diet and exercise tracking and tips to achieve fitness goals | $21.8M | 68/100 | ||
5th |  MyFitnessPal 2005, San Francisco (United States), Acquired | Provider of an application to track diet and calories | $18.2M | 68/100 | |
6th |  Zing Coach Inc 2020, Munich (Germany), Series A | AI-based app for personalized fitness training | $2.42M | 61/100 | |
7th | Provider of workout training and nutrition plaining solutions for individuals | - | 59/100 | ||
8th | App offering exercise and yoga plans for pregnant women | $3.48M | 57/100 | ||
9th | Fitbod 2015, San Francisco (United States), Series A | Personalized, tailored workout - Mobile app | $4.66M | 57/100 | |
10th | MyNetDiary 2005, Cherry Hill (United States), Unfunded | Calorie counter and diet assistant app for healthy living | - | - | 57/100 |
95th | AI based mobile app that acts as a personal trainer and nutritionist helping people achieve their fitness goals. | $616K | 42/100 |
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FitWell's Investments and acquisitions
FitWell has made no investments or acquisitions yet.
News related to FitWell
•
Watch Microsoft Accelerator’s London Demo Day hereTechCrunch+•Jun 30, 2016•Microsoft, TechCrunch+, Capitalise, Nivaura and 1 other
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