202322 Mar

Social fitness app GoJoe bags a sports star and £1.2 million in its Seed round

Summary

London-based social fitness app, GoJoe announce a seed round of \xa31.2 million, add another sports star to its investor list and prepare to internationalise its B2B SaaS product.The round was led by Superbet Ventures and includes Animoca Brands and ex-Manchester United footballer, Michael Carrick.GoJoes app is the online version of its founders, Will Turner and Phil Steeles university competitive activities with their uni mates. They decided to create the social platform to bring workplaces and individuals together to achieve their fitness goals through a gamified and AI-based platform.The platform combines wearables, expert content and unique team-based challenges allowing people to get active as individuals, while feeling part of a competitive challenge (anyone else getting flashbacks to those pandemic step challenges?) Having an unique and highly scalable business model, found at the cross-roads of wellbeing, sports and social apps, GoJoe has an impressive potential of organic growth with a wide range of demographics, says Paul Neagoe, VC at Superbet Ventures.Olympian and British triathlete Alistair Brownlee is also named as an early investor in GoJoe.Were delighted to be bringing on board some incredible investors as part of this round, ranging from consumer brands, gaming companies and strategic angels. On the B2B side, weve always known that there was a massive opportunity to build something better than the tired and un-engaging step-based products wheeled out by workplaces," says GoJoes founding team. "This round will enable us to significantly scale and internationalise our B2B SaaS product, offering workplaces a new, innovative way to connect and engage their employees and give their staff something they actually love using, they add.

Source: Tech

Funding

$1.47M
Amount
Mar 22 2023
Date
-
Investor
GoJoe
Company

Classifications

Companies