Sweatcoin - About the company
Sweatcoin is a series A company based in London (United Kingdom), founded in 2015 by Oleg Fomenko, Anton Derlyatka and Egor Khmelev. It operates as a Fitness app that rewards users in Cryptocurrency. Sweatcoin has raised $20.2M in funding from Goodwater Capital, with a current valuation of £*****. The company has 12 active competitors, including 4 that are funded. Its top competitors include companies like Charity Miles, Charity Footprints and Km Solidario.
Company Details
Fitness app that rewards users in Cryptocurrency. The platform offers rewards by tracking fitness activity and it can be spent on cool products, or donate to charity.
- Website
- sweatco.in
- Email ID
- *****@sweatco.in
Key Metrics
Founded Year
2015
Location
London, United Kingdom
Stage
Series A
Total Funding
$20.2M in 4 rounds
Latest Funding Round
Post Money Valuation
£***** as on Apr 11, 2018
Investors
Ranked
1st among 12 active competitors
Annual Revenue
£15M as on Sep 30, 2024
Employee Count
188 as on Mar 31, 2026
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Legal entities associated with Sweatcoin
Sweatcoin is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SWEATCO LTD CIN: 9242159 , Germany, Active | Sep 29, 2014 | - | 34 (As on Sep 30, 2023) | |
SWEATCO LTD CIN: 9242159 , United Kingdom, Active | Sep 29, 2014 | $19M (As on Sep 30, 2024) | 32 (As on Sep 30, 2024) |
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Sweatcoin's funding and investors
Sweatcoin has raised a total funding of $20.2M over 4 rounds. Its first funding round was on Jan 21, 2015. Its latest funding round was a Series A round on Jul 28, 2022 for $*****. 7 investors participated in its latest round. Sweatcoin has 22 institutional investors and 33 angel investors.
Here is the list of recent funding rounds of Sweatcoin:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 28, 2022 | 7776139 | Series A | 4977576 | 4791286 | 7087014 | 1686514 |
Dec 29, 2017 | 7502177 | Seed | 5518648 | 1225407 | 3466250 | |
May 17, 2016 | 7390119 | Seed | 1443903 | 3343976 | 6835264 | 2877939 |
View details of Sweatcoin's funding rounds and investors
Sweatcoin's founders and board of directors
Founder? Claim ProfileHere are the details of Sweatcoin's key team members:
- Oleg Fomenko: Co-Founder of Sweatcoin and founder of 3 other companies, SWEAT, MFlow and Bloom.fm. They serve on the board of 1 company.Contact Info: 1 email address
- Anton Derlyatka: Co-Founder of Sweatcoin and founder of 1 other company. They serve on the board of 1 company.Contact Info: 1 email address
- Egor Khmelev: CPTO, Co-founder of Sweatcoin.
Sweatcoin's Board of Directors
Sweatcoin's board has 2 active members. Oleg Fomenko and Anton Derlyatka are part of team.Here is the list of Sweatcoin's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 11y 5m | |
Team | - | Current | 11y 5m | |
zfwwuip | Investor | - | Past | 8y 3m |
View details of Sweatcoin's Founder profiles and Board Members
Sweatcoin's employee count trend
Sweatcoin has 188 employees as of Mar 26. Here is Sweatcoin's employee count trend over the years:
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Sweatcoin's Competitors and alternates
Top competitors of Sweatcoin include Charity Miles, Charity Footprints and Km Solidario. Here is the list of Top 10 competitors of Sweatcoin, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Sweatcoin 2015, London (United Kingdom), Series A | Fitness app that rewards users in Cryptocurrency | $20.2M | 63/100 | |
2nd | Charity Miles 2011, New York City (United States), Seed | Mobile-based application for fundraising | $1.7M | 44/100 | |
3rd | Charity Footprints 2013, Princeton (United States), Unfunded | Virtual race and wellness platform empowering nonprofits and employers | - | - | 37/100 |
4th | Km Solidario 2015, Sao Paulo (Brazil), Deadpooled | Mobile-based application for tracking physical activities and converting rewards to donations | - | - | 33/100 |
5th | Benefit Tech 2015, Aarhus (Denmark), Seed | App for fitness tracking | - | 31/100 | |
6th | RunPudsey 2020, United Kingdom, Unfunded | Online fitness challenge programs for fundraising and charity | - | - | 24/100 |
7th | WeMoove 2014, Miami (United States), Unfunded | Provider of reward-based wearable independent fitness application for fundraising and charity | - | - | 19/100 |
8th | South Tyrol Cycle Bolzano (Italy), Unfunded | Online fitness challenge programs for fundraising and charity | - | - | 18/100 |
9th | The GoodMiles 2022, Heilbronn (Germany), Unfunded | Reward-based application for fitness activities and challenges | - | - | 18/100 |
10th | Fit4Change 2013, London (United Kingdom), Deadpooled | Reward-based mobile application tracking fitness activity progress | - | - | 17/100 |
Looking for more details on Sweatcoin's competitors? Click here to see the top ones
Sweatcoin's Investments and acquisitions
Sweatcoin has made no investments or acquisitions yet.
News related to Sweatcoin
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Revolut and Sweatcoin partner for free premium account promotionAltFi•Oct 28, 2022•Sweatcoin, Revolut
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Top fitness app Sweat Economy to launch Web3 token on DAO MakerTechStartups.com•Aug 26, 2022•Sweat Economy, DAO Maker, Sweatcoin
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Sweatcoin To Launch Sweat: The Token To Convert Physical Movement Into CryptoFinancial IT•Apr 13, 2022•Sweatcoin
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Hannover Re US partners with fitness app Sweatcoin to research how physical activity mitigates mortality risksIntelligentinsurer•Sep 24, 2019•Sweatcoin, Hannover Re
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Sweatcoin users experience 20 per cent increase in physical activity study findsleisuremanagement•Jan 25, 2019•Sweatcoin
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Fitness app Sweatcoin raises $5.7 million to reward people for exerciseTech.eu•Jan 17, 2018•Sweatcoin, Goodwater Capital, Greylock, Rubylight and 3 others
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