connected fitness

By Dave Muoio July 15, 2019
Echelon Fitness Multimedia, maker of Echelon Fit connected spin bikes and on-demand digital workouts, has received an infusion of growth capital from North Castle Partners. The companies declined to specify the size of this investment, but told MobiHealthNews that it brings Echelon’s business to a total value of $100 million. WHAT THEY DO On the surface, Echelon Fit — a standalone entity launched...
By Dave Muoio June 18, 2019
This morning, consumer tech retailer Best Buy announced that it has expanded its arsenal of connected fitness products for consumers. Ranging from in-home exercise systems with live classes to smart exercise recovery devices, the new offerings are now available through the retailer’s online storefront, and will also be found in dedicated fitness spaces coming to more than 100 stores before the...
By Jonah Comstock June 5, 2019
Peloton, the connected fitness company offering home exercise bikes and treadmills with built-in virtual classes, has announced its intention to IPO by filing a confidential draft statement of its S-1 to the SEC. The company is not disclosing the number of shares they plan to offer or their price range. For those that count Peloton as a digital health company, it constitutes one of the most...
By Jonah Comstock October 19, 2015
The Nike Training Club app Since Under Armour created its Connected Fitness platform with three major fitness app acquisitions, it has thrown down the gauntlet when it comes to owning online engagement and sales. Adidas made it clear in the summer, with its $240 million acquisition of Runtastic, that it was willing to play Under Armour's game. But what about Nike, the company that was the...
By Aditi Pai July 27, 2015
In the company’s second quarter earnings call, Under Armour CEO Kevin Plank told investors that Under Armour is the ideal company to create a connected health dashboard for consumers. “The fact that consumers have no barometer for their health today is a mistake and frankly that’s where we see this massive opportunity and we feel we’re the best ones to take advantage of it,” Plank said. “Really...
By Jonah Comstock April 22, 2015
Under Armour continues to grow its membership base for what it's calling its Connected Fitness business -- the three apps the company acquired in the past two years as well as its existing UA Record app -- even as the company explores its new acquisitions and plots a course forward, according to the company's first quarter earnings call. Under Armour bought MapMyFitness for $150 million in...
By Brian Dolan March 26, 2012
BodyMedia has raised more than $2.7 million in a recent round of funding that it hopes will soon hit $10 million, according to an SEC filing that MedCity News spotted. The company stated that the first equity sales occurred on March 13, 2012. So far the round of funding has included participation from four investors, according to the regulatory document. BodyMedia's last round of funding,...
By Brian Dolan March 5, 2012
Fitlinxx Actiped clip-on activity monitors Boston-based Partners HealthCare and its Center for Connected Health recently announced plans to expand its connected fitness program, Partners Step It Up, to six Boston public schools this years. The healthcare system made the announcement at a visit to one of the schools with US HHS Secretary Kathleen Sebelius. The expansion builds on a pilot launch...
By Neil Versel February 2, 2012
It's come up again. "I am studying the wireless healthcare market and wanted to understand if there is any difference between wireless healthcare and mobile healthcare (m-health) market," reads the question on the popular LinkedIn Wireless Health group's message board. Some of the responses are expected, others are, shall we say, interesting: "Generally, m-health uses mobile cellular technology,...
By Brian Dolan March 29, 2011
San Francisco-based health and wellness startup, Basis just closed $9 million in a first round of funding led by Norwest Venture Partners and Doll Capital Management, according to a report at Venture Beat. Basis, previously known as PulseTracer, offers a wrist worn device called Basis Band that measures the wearer's heart rate and other vital signs. Basis also plans to allow third party...