PEAR Sports, a Solana Beach, CA-based designer of innovative and personalized coaching technologies, raised $5m in a second round of funding.
Backers included existing investors Innovate Partners, Nordic Ventures, a number of private and family office investors, and strategic investor VIZIO, Inc.
The company intends to use the funds to expand sales and marketing for its Mobile App and related hardware, as well as its white label platform services business.
Led by Bob Allison, co-founder and CEO, PEAR designs innovative coaching technologies that adapt to the user’s heart rate and fitness level. Their real-time, interactive coaching applications help people reach their fitness goals.
Currently, over 500 workout plans are available to users.
The company is currently working with several athletic brands, social activity platforms, training organizations, events, wellness and weight loss companies.
FinSMEs
06/05/2014