The round, which brings total funding to over $52m, was led by Millennium Technology Value Partners, with participation from 14W, and existing investor Insight Venture Partners. Strategic investors include the Amazon Alexa Fund, Disney, Warner Music Group, and NWS Holdings.
The company, which will be joining the Disney Accelerator this summer, intends to use the funds to further technology innovation, product growth, and customer acquisition.
Launched in 2016 by Ethan Agarwal, CEO, Aaptiv provides premium digital health and wellness content with a community of nearly 200,000 members who take on average 30,000 classes each day. Members have on-demand access to over 2,500 audio-guided workouts and structured programs across every type of exercise and a wide variety of activities, including running, strength-training, yoga, indoor cycling, meditation, and more.
Aaptiv has over 90 employees.
FinSMEs
20/06/2018