โœ… TRENDING: Motivision [Techstars โ€˜23] transforms gyms into SMART facilities

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Security Type
Technology, Healthcare & Medical, Community & Lifestyle, Sports & Fitness, Health & Fitness, Other
Min Investment
Demarest, NJ
Expected Close Date
April 29, 2024
Target Raise
Security Price
Number of Employees
Short Term Debt
Cost of Goods
Long Term Debt
Net Income

Key Deal Facts

โœจ Accepted to the Techstars 2023 Cohort! (Top 1% of startups globally!)
๐Ÿคซ Partnering with some of the largest names in athletics in the US!
โœ… Patent-pending computer vision technology
๐Ÿค“ Team with significant experience in computer vision AI and biomechanics
๐Ÿงจ $30 Billion market
๐Ÿค Launching in the most popular fitness cities in US!

Management Team / Advisory Board Bios

Omri Melamed CEOFitness fanatic with experience in both tech and professional training, Nike Klara COOWellness fanatic with long history of equity sales and marketing, Tamir Gez Chief ScientistComputer vision genius with a decade of experience in motion tracking, Prof. Moshe Ayalon Head of BiomechanicsFormer Head of the Israeli national biomechanics lab, Prof. Ofer Hadar Computer Vision and AI AdvisorMultiple papers published in the computer vision space, Tom Ram Head of Fitness2019 National trainer of the year for Equinox, Ryan Babbitt Director of Fitness & SalesEquinox Wall Streets top performing personal trainer.
Owns a personal training studio in NYC
Amount Raised : $80,094
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Security Description

A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.

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