Sweatcoin

📍 London, United Kingdom🗓 Founded 2015👥 195 employees💰 Last funded Sep 2022
Internet Publishing🌐 sweatco.in
Website LinkedIn
Sweatcoin is a global Top 10 Health & Fitness app that tracks physical movement, converting it into digital currency. The free app comprises movement-verification technology, gamification and a marketplace of exclusive offers and product deals that Sweatcoin can be redeemed for. Sweatcoin 4 Good also enables donation of the currency to good causes. With 100M+ Sweatcoin downloads, we are the fastest ever growing Health & Fitness app with 20M downloads this year alone, putting us at the top of 42+ countries app stores as the most downloaded Health & Fitness app of 2022 to date. Since June 2021 weve worked with 1300+ brand partners providing the equivalent of $200 million of value in exchange for users steps, increasing their walking by an average of 20%. In total our users have walked 23 Trillion steps. Sweatcoin is a rapidly-growing, profitable UK business and a global thought leader within health-tech. The business has collaborated with influential academics on research published in the British Journal of Sports Medicine into the success of incentivised behavioural change and worked with the NHS on a successful trial with pre-diabetic patients. (A trial that resulted in an 85% retention rate and average weight-loss per participant of 1.1kg). Covered by New York Times, CBS, Forbes, Fortune, Reuters, Huffington Post and others, Sweatcoin has raised capital from investors across the US & Europe, including Goodwater Capital, Greylock Partners, Justin Kan (founder of Twitch and Justin.tv) and Rain Lohmus (founder of LHV Bank). London-headquartered, with team members based across the world representing 22+ nationalities, it is the people that make Sweatcoin a special company and a great place to work. Our Purpose: To inspire a healthier planet by unlocking the value of movement Our Vision: A world where an open-economy of movement - of wealth through health - exists Our Mission: Create a global, new-generation* currency generated by physical movement
6
Total investors
3
Early stage
0
Mid stage
3
Late stage
2015
Founded

Investors

6 investors
All
Early stage
Mid stage
Late stage
Investor geography3 countries
United States
3
United Kingdom
2
Spain
1
Investor activity2015–2022 · investors recorded per year
20151201612017120223
Recent (last 2y)Earlier
Frequently asked questions
Who invested in Sweatcoin?
Sweatcoin has 6 investors on record on gritt.io, including 3 early-stage backers and 3 late-stage investors.
When did Sweatcoin last raise funding?
The most recent investment in Sweatcoin recorded on gritt.io was in September 2022.
When was Sweatcoin founded?
Sweatcoin was founded in 2015.
What industry is Sweatcoin in?
Sweatcoin operates in Internet Publishing. Find similar Internet Publishing investors on gritt.io.
Where is Sweatcoin based?
Sweatcoin is headquartered in London, United Kingdom.