Freeletics Raises $45m In Series A Funding | MobileAppDaily
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Freeletics Successfully Raises $45 Million In Series A Funding

Freeletics fitness app is backed up by Tony Robbins

Freeletics Successfully Raises $45 Million In Series A Funding

Businesses and startups are always looking for investors who can float in considerable resources, with the hopes of creating the next profitable company.

Freeletics, a digital fitness app startup founded in 2013, has successfully raised $45 million in Series A funding and is backed up by the world-renowned life and business strategist Tony Robbins.

Freeletics is known for promoting physical fitness as well as mental strength and self-confidence.

The funding round was led by FitLab, Causeway Media Partners and JAZZ Venture Partners. Courtside Ventures, Elysian Park Ventures, ward.ventures also participated in the effort.

Freeletics CEO, Daniel Sobhani, stated,

He further added,

The company currently boasts of having more than 31 million users in over 160 countries, also being Europe’s top fitness and personal coaching app. Freeletics reported having encountered 120 percent record growth in core markets, including the US, over the past few months.

Mike Melby, the Managing Partner at FitLab, also voiced his words:

With so many well-known investors and influencers backing the company up, the German startup is all set to expand its operations internationally, becoming the biggest service provider of fitness and self-growth.

MAD Team
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