Fitness SaaS Platform FitBudd Raises $3.4 Million In Fresh Funding
FitBudd, a fitness industry focussed software as a service (SaaS) platform, has raised $3.4 million in a seed funding round from Accel India, Beenext, Sequoia Capital India and Waveform Ventures.
As per the startup, the raised funds will be used to drive product development and accelerate client growth.
FitBudd | Global Fitness SaaS Platform
Founded by Saumya Mittal, Pranav Chaturvedi, and Naman Singhal in 2021, FitBudd is a SaaS platform helping global health & fitness coaches grow worldwide.
Fitbudd solves two core problems for its market. It helps coaches better engage with and retain their clients at scale. Additionally, the startup allows them to be far more accessible to clients across the globe, enabling them to grow internationally.
Speaking about the development, Saumya Mittal, Co-founder and CEO of FitBudd, said,
“While personal coaching has been established as a proven method for long-term fitness, it has been inaccessible for the vast majority of the population due to cost. With FitBudd, we aim to democratise personal coaching by making it available at one-fifth the cost.”
The fitness industry focussed SaaS startup offers customer relationship management (CRM) software, payments, comprehensive fitness and nutrition modules, and more.
FitBudd offers a unified platform that provides each coach with their own website enabled with integrated payments. They also get a portal & app to manage their clients, get insights, analytics, and more – all in one place.
Clients get a mobile app to do workouts, log nutrition and track their entire fitness journey, and all the data is accessible to their coach in real-time.
As per the startup, within a year of launch, hundreds of coaches across over 20 countries are using FitBudd to help tens of thousands of their clients lead healthier lives.
The global online/virtual fitness market is projected to reach $59.23 billion by 2027, valued at $6 billion in 2019, growing annually at 33.1% from 2020 to 2027, as per a recent report by Allied Market Research.
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