Belarusian Fitness App For Apple Watch Raises $1,000,000

Belarusian startup RocketBody, an ECG-based app for the Apple Watch, has raised $1 million. Gagarin Capital funds, known for selling MSQRD to Facebook in 2016, and AltaIR Capital invested money in the project.

The funding, $50,000 from Quatro Capital ad $150,000 from Bulba Ventures, a successful Kickstarter and IndieGoGo campaigns put the company valuation at $5 million.

The new funds will be used to improve user retention and hammer out the monetization of the app, the new version of which was added to ProductHunt on 5 September.

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Who is this application for? For professional athletes, people who exercise regularly and care about their health. It monitors current health condition (before, after and during the workout).

RocketBody’s software combines ECG readings in combination with artificial intelligence to deliver personalized workout guidance when the user’s performance capacity is at its peak.

Once users manually transfer these readings into the subscription app, the service develops personalized cardio and strength workouts as well as other assistance with dieting and sleep.

The company was created by entrepreneur and professional athlete Timofei Lipsky in 2017. He has two patents and collaborates with professional speed skating athletes and the biathlon federation.

Source: mobihealthnews.com