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Venture Capital News: JAXJOX Nabs $10M Series A Funding

2020-10-13
SEATTLE, WA, JAXJOX today announced a $10 million series A round of funding.
JAXJOX, the global fitness technology company known for its innovative workout equipment and platform, today announced a $10M series A round of funding with investors including Dowgate Capital Ltd. and entrepreneur Nigel Wray, bringing total funding raised to date $17M. The funding assisted in the research and development of the highly anticipated JAXJOX InteractiveStudio, which will ship to customers later this year, as well as global retail expansion. The InteractiveStudio is the first fitness platform to combine connected strength-training equipment with live and on-demand content, enabling users to track their own performance in real time during classes.

JAXJOX is a global fitness company revolutionizing the health and wellness industry through its technology-enabled, connected at-home exercise equipment. JAXJOX creates compact, smart workout products with AI-powered performance tracking and a variety of live and on-demand classes led by expert trainers, for educational motivation, making it easy for consumers to reach wellness goals from the comfort of their home. JAXJOX's flagship product is the InteractiveStudio, an all-in-one home gym that includes 145 lbs of adjustable free weight, 43" 4k Touchscreen TV that rotates vertically and horizontally, and connected products in one compact design. It provides a complete fitness experience for the home environment. JAXJOX is headquartered in Redmond, Washington.
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