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Funding
Zing Coach raises USD 10 million in Series A funding
Digital Wellness
Jun 21, 2024
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Digital Wellness

Digital Wellness

Jun 21, 2024

Zing Coach raises USD 10 million in Series A funding

Funding

  • Zing Coach, a fitness platform provider, has raised USD 10 million in a Series A funding round co-led by Zubr Capital and Triple Point Capital.

  • The funds will be utilized to expand the company’s development team, enhance its marketing efforts to enter new international markets, and further refine Zing Coach's AI Coach technology.

  • Germany-based Zing Coach offers a fitness app that provides users AI-powered workouts, including personalized guidance and motivation, based on their performance data, health readings, and emotional profiles. Currently in beta testing, the app has garnered over 1 million app downloads since its launch in 2021, maintaining a 25% MoM user growth. According to the company, the app's unique approach has resulted in users being 29% and 25% more likely to continue using the app beyond the first day and first month, respectively, compared to competitor fitness apps.

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