CoachMePlus Raises USD1M in Funding

CoachMePlus, a Buffalo, NY-based provider of a digital fitness platform, raised $1M in growth funding.

The round was led by Rochester Angel Network, and Buffalo Angels.

The company intends to use the funds to accelerate growth, expand operations and its business reach.

Founded by Kevin Dawidowicz, CoachMePlus optimizes personalized fitness through the use of technology and data to enhance relationships between an athlete and their trainer or coach. Goals are achieved by leveraging workout-tracking, nutrition, sleep and wellness monitoring, wearable technologies integrations, and a full suite of testing and reporting tools to monitor indicators of health, ability, and performance. The company’s performance-optimization solution underpins a hybrid of remote and in-person fitness, fuses data analytics, tele-fitness, and health IT solutions.

The funding follows a series of new client contract wins, and a doubling of revenue from previous year. Additionally, CoachMePlus bolstered its marketing capabilities with two new hires to assist in driving growth and achieving company goals. An increase of inbound inquiries has led to the recruitment and hiring of talent, adding Darcy Hendershott as Product Marketing Manager and Matthew Moretti as Digital Marketing Manager, expanding the marketing team with specialized roles based in the company’s Buffalo office. Moretti, will be primarily responsible for campaign and customer relationship management. Hendershott, will be charged with expanding analytics and growth opportunities for CoachMePlus. These two hires will report directly to Mr. Dawidowicz.

FinSMEs

24/10/2022