PaidWorkout (Equity)
Funding Details
Awarder
StartEngine
Date Award
January 1, 2024
Vertical
Fitness
Funding URL
View Funding Page
Valuation
$5,010,000
Funding Amount
$166,004,300,000
Company Info
Founding Year
2024
Traction
Paid Workout quickly achieved a stout user acquisition of 10K users in 100 days, and over 20,000 users within 6 months of launch. The app has a conversion rate from free to paid membership of 13%, which is more than double the industry standard.
Revenue Amount
$30,000,000
Organizations Involved
StartEngine Capital, LLC
Founders
Nicole Pekerman, Michael Bluestein
Market
Wellness Gaming
Location
Miami Beach, FL, US
Coinvestors
StartEngine Capital, LLC
Company Description

Paid Workout is a fitness motivation app that gamifies and incentivizes fitness and activity. The app focuses on motivating users to maintain a healthy lifestyle by offering incentives to work out. It offers various challenges and programs to encourage users to invest in their wellness.

Links
Website
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