logo
logo

GoJoe raises £2.4M in a private equity funding led by Venrex Partners and Redrice Ventures to expand its gamified employee health and fitness app globally.

Jul 08, 2024about 1 year ago

Amount Raised

£2.4 Million

London

Investors

Superbet VenturesHellen’s Rock VenturesAmrock VenturesRedrice VenturesVenrex Partners

Description

GoJoe has secured a £2.4 million investment to further develop its gamified employee health and fitness app, which aims to improve physical, mental, and social well-being of users while addressing employee wellness challenges for businesses worldwide.

Company Information

Company

GoJoe

Location

London, Ontario, Canada

About

Built by ordinary joes, powered by gamification, teams and celebrities/ athletes. GoJoe is used and loved by employees from the biggest companies in the world, from PwC to Diageo to PayPal. GoJoe is the wellbeing platform with stuff people actually want to use. Led by figures from the Olympic, tech and digital world, GoJoe was built out of a dissatisfaction with elitist and individual wellbeing and fitness apps. Worse still, 'workplace wellbeing' products sound great on paper, but are never used by employees (tell us we're wrong). Think activities and wearables, not gimmicky step challenges. Think professional athlete, expert and celebrity content, not boring random videos. Think measurable data insights, usage-based pricing and delivering genuine value to people. And...what's more...think all your existing wellbeing resources and tools in one place.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Related People