OxeFit, a Plano, TX-based Fitness AI and robotics company, received an investment from soccer player Harry Kane and closed its Series A2 funding.
The amount of the deal was not disclosed. Kane joined professional golfers Dustin Johnson and Talor Gooch, Dallas Cowboys’ quarterback Dak Prescott, Miami Dolphins’ Jalen Ramsey and others.
The company intends to use the funds to continue scaling production of both the XS1 and XP1 systems to meet the demand of consumers, athletes, training and rehab facilities.
Led by CEO Rab Shanableh, OxeFit is a digital fitness and technology company that produces the XP1 and XS1 through advanced robotics and artificial intelligence. By harnessing data-driven workout programs, the XP1 and XS1’s computer-controlled weight loads allow for variable resistance training while technology captures data and monitors form to identify weaknesses and potential for injury.
XP1 is the pro-grade system which is used by elite trainers, rehab facilities, professional athletes, universities and sports teams. Its XS1 is a consumer product that features an AI-enabled cardio, strength and digital pilates training system in a single at-home workout experience.
Included in the OxeFit ecosystem is a library of engaging content, which seeks to bring a new element of connectivity to the fitness community.
OxeFit, which has its elite smart gyms now available through more than 100 fitness centers, sports teams, colleges and rehabilitation facilities across the U.S., attributes its growth to consumers and pro-athletes alike seeking out AI-driven technology for a more personalized fitness and wellness experience.
FinSMEs
05/06/2023