GymPact Raises $1.55M in Seed Funding

gympactGymPact, a San Francisco, CA-based mobile exercise check-in app, raised $1.55m in seed funding.

AllThingD reported that Khosla Ventures and Max Levchin invested in the round.

Founded in 2010 and led by CEO Yifan Zhang, GymPact provided a mobile app that allows users to set goals and that provides incentives to encourage users to exercise. If users meet their “Pact” by checking in at their gym with the app, they receive cash rewards, paid for by those who did not exercise.
The app is available for iPhone and Android.

The company, which had previously raised $850k (read here), is currently hiring.



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