When was Speediance founded?

Speediance was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Where is Speediance located?

Speediance is headquartered in Shenzhen, China.

Who is the current CEO of Speediance?

Liu Tao of Speediance. They have also founded 1 company.

How many employees does Speediance have?

As of May 31, 2026, the latest employee count at Speediance is 51.

Is Speediance a funded company?

Speediance is a funded company, having raised a total of $1.58M across 3 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Apr 2021.

When was the latest funding round of Speediance?

Speediance's latest funding was a $***** Seed round on Jul 20, 2023, with participation from 3 investors.

Where does Speediance rank among its competitors?

Speediance ranks 4th amongst 60 active competitors, of which 20 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Magic, which secured an undisclosed amount in Oct, 2025.

Who are the top competitors of Speediance?

Speediance's top competitors include Peloton, Tonal and Vitruvian. Among them, Magic secured the most recent funding round in October, 2025.

Speediance - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of smart exercising equipment. The company offers home gyms for users to practice and receive fitness training from the comfort of their own homes. Users can practice strength training, stretching, aerobic exercises and other bodybuilding exercises. Also, it offers a smartphone app for users to manage their workouts.

Website: www.speediance.com/
Social
Email ID: *****@speediance.com

Key Metrics

Founded Year

2020

Location

Shenzhen, China

Stage

Seed

Total Funding

$1.58M in 3 rounds

Latest Funding Round

Seed, Jul 20, 2023, $*****

Investors

Frees Fund & 3 more

Ranked

4^th among 60 active competitors

Employee Count

51 as on May 31, 2026

Similar Companies

Peloton & 68 more

View Speediance's full profile

Speediance has raised a total funding of $1.58M over 3 rounds. Its first funding round was on Apr 2021. Its latest funding round was a Seed round on Jul 20, 2023 for $*****. 3 investors participated in its latest round. Speediance has 4 institutional investors.

Here is the list of recent funding rounds of Speediance:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 20, 2023	8686624	Seed	3989011	6311702	4708087	5783762
Mar 04, 2022	5889467	Seed	1631370	8060268	6094779	5500855
Apr 2021	2976421	Angel	2412269	7196379	4423201	4962741

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View details of Speediance's funding rounds and investors

The founders of Speediance are Liu Tao and Yu Jian. Liu Tao is the CEO of Speediance.

Here are the details of Speediance's key team members:

Liu Tao: Co-Founder & CEO of Speediance.
Contact Info: 1 email address
Yu Jian: Co-Founder of Speediance.
Contact Info: 1 email address

View details of Speediance's Founder profiles and Board Members

Speediance's employee count trend

Speediance has 51 employees as of May 26. Here is Speediance's employee count trend over the years:

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Top competitors of Speediance include Peloton, Tonal and Vitruvian. Here is the list of Top 10 competitors of Speediance, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Peloton 2011, New York City (United States), Public	Provider of smart fitness training equipment and training platforms	$996M	Tiger Global Management, TCV & 40 others	78/100
2nd	Tonal 2015, San Francisco (United States), Series E	Provider of smart home gym equipment and personalized workout programs	$535M	L Catterton, Mayfield & 41 others	72/100
3rd	Vitruvian 2018, Perth (Australia), Series A	Provider of resistance training smart fitness equipment and app	$51.4M	Larsen Ventures, TEN13 & 3 others	61/100
4th	Speediance 2020, Shenzhen (China), Seed	Provider of smart exercising equipment	$1.58M	Frees Fund, Oriza Holdings & 2 others	60/100
5th	Portl 2021, Hyderabad (India), Series A	Provider of a smart home gym device with an in built personal trainer	$4.01M	Kalaari Capital, Bharat Innovation Fund & 3 others	59/100
6th	Tempo 2015, San Francisco (United States), Series C	Provider of AI-based home gym training platform	$398M	Norwest, Founders Fund & 11 others	57/100
7th	Flexnest 2020, Gurugram (India), Unfunded	Manufacturer of home fitness equipment and associated app-based classes	-	-	52/100
8th	FORME 2020, Los Angeles (United States), Public	Provider of exercising equipment for fitness training	$109M	Redbus Group, Baudpont & 1 others	52/100
9th	Magic 2020, United Kingdom, Series A	Provider of AI-based mirror for home-based workouts	$7.5M	IW Capital, Fasanara & 23 others	47/100
10th	Lululemon Studio 2010, New York City (United States), Series B	Provider of online fitness classes	$80.8M	Spark Capital, Route 66 Ventures & 23 others	47/100