Tech Company Financing Transactions
Powers Gymnastics Funding Round
Relevance Ventures participated in a $16.8 million Series A funding round for Powers Gymnastics. The financing round was announced on 3/21/2023.
Transaction Overview
Company Name
Announced On
3/21/2023
Transaction Type
Venture Equity
Amount
$16,800,000
Round
Series A
Investors
Relevance Ventures (Lead Investor)
Proceeds Purpose
With this funding, the company plans to continue its mission of providing accessible, state-of-the-art gymnastics facilities, which includes the manufacturing of Ninja Warrior obstacles and providing comprehensive insurance solutions for gym owners. Powers is an early adaptor for combining Ninja Warrior obstacle courses with gymnastics, in addition to gamifying and mindfully aligning family, fun and competition for athletes and coaches, inside and outside of the training facility.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
Undisclosed
Nashville, TN Undisclosed
USA
Nashville, TN Undisclosed
USA
Phone
Undisclosed
Email Address
Not Recorded
Overview
Operator of a multi-vertical gymnastics company based in Tennessee, United States. The company offers youth sports, facilities, equipment and gymnastics programs, creating a participant-centric experience for all levels of gymnasts and coaches, providing customers with safety and well-being using industry best practices.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Trevor Thompson
Co-Founder
Khai Nguyen
Co-Founder
Jill Powers
Browse more venture capital transactions:
Prev: 3/21/2023: Gryfyn venture capital transaction
Next: 3/21/2023: Bionic Health venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. All VC database entries on this site come from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs