deals

FitnessKPI raises €1.3 million for US expansion

The round was led by Encomenda Capital and Angels Capital, and all existing investors increased their stakes. FitnessKPI said it would fund US sales expansion and advanced artificial-intelligence development.

FitnessKPI raises €1.3 million for US expansion
Image: El Referente

FitnessKPI, a business-intelligence platform for fitness operators, raised €1.3 million in a round led by Encomenda Capital and Angels Capital, El Referente reported. All existing investors also participated and increased their stakes, according to the report.1

The company said it would direct the funding toward commercial expansion in the United States and development of advanced artificial intelligence (AI).1

FitnessKPI said its US sales push would target fitness chains, while new AI development would help operators better understand their businesses and act on priorities including conversion, retention and revenue.1

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