Altis Raises $3M; Closes $10.5M Seed Funding Round

altis

Altis, a Fort Lauderdale, FL-based AI personal trainer powered by a Movement Operating System, raised $3m and closed a $10.5M Seed funding round.

Backers included Mike Capps, Bill Flynn, US Olympians JR Celski and Georganne Moline.

The company intends to use the funds to accelerate growth and expand operations.

Led by CEO Jeff Halevy, Altis provides an AI personal trainer which, by applying computer vision and deep learning models in consumer and commercial fitness, functions as a capable substitute to a human personal trainer.

Using proprietary computer vision and AI, Altis sees, understands, and personally instructs users, delivering the most interactive and intelligent fitness experience ever, from a soundbar-sized console that connects to any screen. It creates hyper-personalized fitness programs based on users’ individual capabilities, limitations, and goals – and dynamically coaches users in real-time based on their live performance.

After announcing its partnership with Hyatt, whose portfolio includes over 1,100 properties, the company has also finalized agreements with LA Fitness, which operates 740 health clubs, and Life Time Fitness, which operates over 150 health clubs.

FinSMEs

27/04/2022