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Based in Atlanta, Georgia, freebeat is a consumer fitness and wellness company that develops at-home exercise equipment and interactive digital workout platforms. The company manufactures and distributes hardware products directly to consumers, including specialized stationary bicycles known as lit bikes and boom bikes, alongside accessories like dumbbells and resistance bands. These physical products integrate directly with the company's proprietary rhythm-based cycling software, which provides users with on-demand fitness classes featuring gamification elements, music synchronization, and real-time performance tracking metrics. In August 2021, the enterprise secured $20 million in venture capital funding from institutional backers including GSR Ventures and Susquehanna International Group. The organization also participated in the Stanford StartX accelerator program as part of its 2024 cohort to further scale its e-commerce operations and expand its digital fitness ecosystem. Freebeat was founded in 2018 by Bruce.
freebeat has raised $20.0M across 1 funding round.
freebeat has raised $20.0M in total across 1 funding round.
freebeat has raised $20.0M in total across 1 funding round.
freebeat's investors include GSR Ventures, Susquehanna International Group.
freebeat has raised $20.0M across 1 funding round. Most recently, it raised $20.0M Other Equity in August 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Aug 26, 2021 | $20.0M Other Equity | GSR Ventures, Susquehanna International Group |