HomeGermanyTrait Raises €1M in Seed Funding

Trait Raises €1M in Seed Funding

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From left: Raphael Jung and Matthias Ettrich, founders of TRAIT (Image: TRAIT)

Trait, a Berlin, Germany-based provider of a training app, raised €1M in Seed funding.

Backers included HTGF, better ventures and others.

The company intends to use the funds for the further development of its AI training platform, which aims to provide a more personalized training experience for runners.

Founded by Raphael Jung and Matthias Ettrich, Trait is focused on enhancing its training app with AI-generated, adaptive training plans. Since 2021, the company operated under the name “Twaiv” and focused on AI-generated, adaptive training plans, before relaunching under the name TRAIT in July 2024. Since its inception, the company has experienced rapid growth with an annual increase in downloads of 178%.

The latest version of the app can be downloaded for free now from both the Android and iPhone app stores.

FinSMEs

22/07/2024

THE DAILY NEWSLETTER - SIGNUP