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Home World Regional News South America

Fitness App wOS Raises US$1.2 million

Femi Thomas by Femi Thomas
03/17/2022
in South America
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wOS has announced that it raised US$1.2 million in a round led by Noemis Ventures, a New York fund, and with the participation of Y Combinator.

wOS is a digital platform for online exercise that was created in Mexico.

With this capital, wOS wants to develop new technologies focused on offering more personalized services based on their users’ preferences.

A large part of the investment will go to the national and regional positioning of the brand.

One year after its launch, the platform already has more than 25 thousand users of its personalized and immersive training.

The company offers new classes and live training every week; and it has two different business models: subscription and freemium.

wOS was founded in 2021 by Eduardo Mussali (CEO) together with Andie Illanes (COO) and Iddar Olivares (CTO).

In addition to realizing that there is a great need in the region to adopt new habits that counteract physical inactivity and mitigate chronic health problems; the three founders created wOS at a time when, due to restrictions caused by the Covid-19 pandemic, users were already more receptive to training through a screen at home.

 

Read more on Tech Gist Africa:

ChannelEngine, Dutch online marketplace integration platform Raises $50 million

Cheqroom Raises $15 million in a Series A funding round 

Staffbase Raises $115M in funding, a Series E that catapults the company’s valuation to $1.1 billion

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