Technology Running and Wellness Platform, Poised for Growth
Listing: #SV00183Raj Sathyaseelan
Broker | Silicon Valley
About this Business for sale in Greater San Francisco Bay Area
Technology Running and Wellness Platform, Poised for GrowthAfter almost 15 years of building a successful tecnology running and wellness platform, the founding team has decided it’s time to prepare for exit to a strategic buyout to accelerate the growth potential for this technology platform. For continued business growth, the business requires capital and strategic channels to realize the full market potential. This technology platform offers the personalization of a world-class running platform via a patented algorithm + certified coaching support for premium members.
To date the company has grown with Limited capital ($2.1M raised from 2012-2018) mostly devoted to building running platform and wellness platform for dynamic activity platform even when a global pandemic that eliminated road races for 18 months and froze corporate spending
Their mission is to help people become and stay active. Running and activity are more than times and distances, but a means to get unstuck when life becomes challenging.
Key Acquisition Highlights
- Downloaded in 185 countries
- 7% average improvement in finishing times
- Highly scalable data + tech + light with human touch
- 56% Women customers, 30% International
- Integrations with Apple, Garmin, Strava, Fitbit
- Active customer engagement with 1M+ Schedules created and Coaching Support Conversations
- Garmin Rewards Sponsorship $1M+ Garmin Sales 4,000+ Redeemers
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.