Hyperice, an Irvine, Calif.-based leader in recovery technology and pioneer of percussion, vibration, dynamic air compression and thermal technology, closed an investment round of undisclosed amount.
The round was led by Main Street Advisors (MSA) and SC.Holdings. Backers also included athlete investors Seth Curry, Anthony Davis, Rickie Fowler, DeAndre Jordan, Jarvis Landry, Patrick Mahomes, Christian McCaffrey, Ja Morant, Naomi Osaka, Chris Paul, Doc Rivers, Ben Simmons, Kelly Slater, Fernando Tatís Jr, J.J. Watt, Russell Westbrook, and Trae Young. In conjunction with the funding, SC.Holdings founder Jason Stein, joined the Hyperice board of directors.
The capital will accelerate new growth including, increasing AI capabilities, strategic growth initiatives such as global expansion, and building on their connected fitness technology, HyperSmart™.
Led by Jim Huether, CEO, and Anthony Katz, Founder, Hyperice is a global recovery and movement enhancement technology company specializing in vibration, percussion and thermal technology. Its technology is used by the world’s most elite athletes in professional and collegiate training rooms, as well as rehabilitation facilities and fitness facilities globally. Hyperice has applied its technology and know-how into industries such as fitness, esports, healthcare, massage, and workplace wellness.
Hyperice, now the official Recovery Technology Partner of the NBA and UFC, has always centered its product development around the needs of athletes, iterating on feedback from a marquee list of users ranging from early investors Blake Griffin and Lindsey Vonn to other athletes across a wide range of professional sports. HyperSmart technology, the company’s new Bluetooth and artificial intelligence platform, recommends routines for body maintenance, recovery and performance goals by analyzing users’ wearable data from its growing list of partners including Apple Health and Strava. The company is now coupling its offering with wearable and digital activity trackers, providing consumers with a professional grade level recovery experience.
In March 2020, Hyperice acquired NormaTec, innovators of dynamic compression systems, to deliver performance and wellness solutions.