Motosumo Receives Undisclosed Investment

Motosumo, a Copenhagen, Denmark-based developer of gait analysis systems based on body-mounted inertial sensors using advanced sensor data analysis and modeling of motion physics, received an investment of undisclosed amount.

Backers included Vedere Ventures and Promentum Equity Partners.

The company will use the funds to expand its product portfolio.

Led by Kresten Juel Jensen, CEO, Motosumo provides advanced fitness technology-based training tools across such verticals as universities, training camps, high-end sports outlets, physiotherapists, test centers and elite athletes.
The company has created a network which allows the fitness industry to connect all group activities across members, instructors, classes, training concepts, and gyms all over the world without investment in new equipment and complex technical solutions.
Motosumo’s first app targeted indoor cycling. The smartphone mounts on the indoor bicycle’s handlebars and the user is ready to ride. The app displays cadence — or pedal revolutions per minute — and kcal in real-time.

The company’s cloud-based solution automatically connects everyone in the same group, who can then compare themselves and compete with one another, and the instructor is able to instruct with a full overview of the group’s performance in real time. At the same time, mutual interaction between the instructor and members is rendered possible through motivating messages such as smileys, cheers, rating of classes, instructors, concepts, etc.

FinSMEs

09/01/2018

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