Pivot, a San Francisco, Calif. – based smart at-home fitness solution, raised $17M in Series A financing.
The round was led by DCM with participation from Bling Capital, Founders Fund, Khosla Ventures, Signal Fire and Y-Combinator. In conjunction with the funding, DCM Partner Kyle Lui will be joining Pivot’s Board of Directors.
The funds will be used to expand recruitment across engineering and operations teams as the company prepares for its consumer launch in Fall 2019.
Led by Moawia Eldeeb, CEO and founder, Pivot provides a smart at-home fitness platform that offers live, training (from human trainers) or recorded classes from some of the world’s top group fitness trainers for strength training, HIIT, cardio and more.
Pivot features live and recorded classes from top group fitness trainers, streamed directly to Pivot device at home. With advanced 3D sensors and machine learning, every rep is counted and form tracked in real-time. Class offerings include strength training, high intensity interval training (“HIIT”), cardio and more.
The company will formally launch its consumer product in Fall 2019. The offering will include all the hardware and equipment, mobile app, heart rate monitor, and a subscription featuring live & recorded content that is updated daily.