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Altis Closes $10.5 Million Seed Round, Increasing Financing By 50% For Its Ai Personal Trainer

Apr 26, 2022•over 3 years ago

Amount Raised

$10.5 Million

Round Type

seed

Fort Lauderdale

Description

Altis, an AI personal trainer powered by the world's first Movement Operating System ("Movement OS"), announces that it has secured over $3 million in financing, bringing its total financing to date to $10.5 million, with additional investments from Mike Capps, former head of gaming titan Epic Games, Bill Flynn, former CEO of Amtrak, and US Olympians JR Celski and Georganne Moline.

Company Information

Company

Altis

Location

Fort Lauderdale, Florida, United States

About

Altis is the world's first AI personal trainer. The proprietary AI technology creates hyper-personalized, interactive fitness programs with dynamic real-time coaching based on a user's capabilities, limitations, and goals. Developing the technology started as a passion project for its CEO and Cofounder, Jeff Halevy who has an extensive career in the health and fitness industry. He recognized there was no product that was able to merge first-class training, in-home screens, and technology so Altis was born. Halevy recruited technical Cofounders with backgrounds in computer vision and machine learning, as well as fitness, medical, and technology experts such as Dr. Charlie Weingroff, DPT, whose roster includes Olympic Teams, Lebron James, Scarlett Johansson, and Ryan Reynolds; Andrew Rabinovich, former Head of AI at Magic Leap, a leader in augmented reality; and Mike Capps, former President of gaming titan Epic Games.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech