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Categories
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Sports & Fitness
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Offering Date
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April 27, 2021
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Valuation
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$12,000,000
Company Description
Social fitness app for live, on-demand, personalized classes in Latam. Affordable, personalized fitness at scale.
Key Deal Facts
$4K MRR first 45 days; all organic growth
400 paying users & 3,500 downloads since launch in mid Feb 2021
Founding team includes 5x founder with exits, Machine learning specialist & Fitness influencer
+150 completed classes daily; 4 classes per user per week on average
$20B market opportunity only in Latam
Use of Proceeds
Hire Engineers, Latam expansion, Profitability, Hit $100k MRR by Q4 2021.
Management Team / Advisory Board Bios
Eduardo Mussali, Cofounder & CEO
5x founder with multiple exits Before wOS: · CEO: Commando - Leading fitness studio brand in Mexico. · Managing Director Mexico, Central America, Caribbean: Deezer - Music streaming unicorn. · Cofounder & CEO SinDelantalMX - acquired by Just-Eat
Iddar Olivares Morales, Cofounder & CTO
·Machine Learning specialist with 15 years engineering experience and 5 years in ML. · Has built ML models for Emirates Airlines · No longer allowed to participate in Hackathons, (has won +20)
Andrea Illanes, Cofounder & COO
· Former fitness director at Commando - Leading fitness studio brand in Mexico. · Has certified +300 instructors - Fitness influence
