USA – Tempo, a San Francisco, CA-based home fitness system that uses advanced 3D sensors and AI to analyze users’ motion to provide a personal training experience, raised $220m in Series C funding.
The round, which brought total funding raised to date to nearly $300m, was led by SoftBank Vision Fund 2 with participation from new investor Steadfast Capital Ventures, and returning investors DCM, General Catalyst, Norwest Venture Partners, and Bling Capital. The company intends to use the funds to enhance its AI and 3D sensor technology to further expand its real-time form feedback and personal guidance for users. Led by Moawia Eldeeb, Co-Founder and CEO, Tempo is a fitness company that develops innovative products for people to progress in their fitness journeys. The Tempo Studio includes real time guidance and competition-grade weights to help members reach their fitness goals. Its AI-powered 3D-sensors corrects form, counts reps, and recommends weights—providing an effective and safer workout in real-time.The company recently announced expansions across its hardware, software, and content offerings to best supplement the training experience and continue to deliver a full, at-home gym and personal trainer experience.13/04/2021
