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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