Katalyst, a Las Vegas, NV-based health and fitness company, raised $26M in Series A funding.
The round was led by Stripes, with participation from Incisive Ventures, Unlock Venture Partners, Robert Nelsen, Cindy Crawford, and Rande Gerber.
The company intends to use the funds to scale production, develop the brand, and grow the team.
Led by CEO Bjoern Woltermann, Katalyst leverages technology to bring EMS (Electro Muscle Stimulation)-specific training to an at-home format and deliver a two-hour workout in 20 minutes, directly activating up to 90% of muscle fibers. The company has shipped more than 1,200 units as part of its Early Access program to fans who range from professional athletes and physicians to celebrities such as Bradley Cooper and Cindy Crawford.
FinSMEs
04/10/2022