Zing Coach, a Munich, Germany-based health tech startup, raised $10M in Series A funding.
The round was led by Zubr Capital and Triple Point Capital.
The company intends to use the funds to continue to develop new features for its AI-powered fitness app, expand its workforce, and enter new markets.
Led by CEO Tanya Parfenyuk, Zing Coach is a Palta-backed fitness company that applies AI technology to create the most advanced digital personal trainer, which assesses fitness accurately, designs the ideal program for its clients to achieve any desired goals, tracks, motivates, supports, and becomes a guide in their fitness journey.
Zing Coach doesn’t rely on quizzes to gauge users’ initial fitness and progress. ZingLab, a suite of advanced fitness tests and movement analyzers powered by computer vision, and body composition scanners comparable to professional DEXA scanners, are used to assess new users reliably and accurately. As users progress, they’re assisted at every stage of their fitness journey by their own AI Coach — which uses a large language model (LLM) and a personalised tone of voice based on the user’s emotional profile to form a connection with each user — designed to monitor their form and progress, offer tailored advice and insights, and offer praise and encouragement to keep them motivated.
Zing Coach will continue to improve its new AI Coach, which educates and motivates by analysing individual training behaviour, text, audio, and videos to develop optimal workouts and motivation strategies tailored to each user. Tested in beta earlier this year, the AI Coach will be made available to all Zing Coach users this fall. Following its full launch, Zing plans to leverage its AI Coaching technology for other forms of exercise, such as pilates, yoga, and more.
The app has amassed over one million downloads since its release in 2021.
FinSMEs
21/06/2024