Tech Company Financing Transactions
DeltaTrainer Funding Round
DeltaTrainer closed a $3.3 million Seed venture capital round on 5/18/2021. Investors included TenOneTen Ventures, Alpha Edison and Maven Ventures.
Transaction Overview
Company Name
Announced On
5/18/2021
Transaction Type
Venture Equity
Amount
$3,300,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to hire technical talent, expand the roster of personal trainers, and conduct marketing and customer acquisition initiatives.
Company Information
Company Status
Private & Independent
Industry
Consumer
Mailing Address
5000 Forbes Ave.
Pittsburgh, PA 15213
USA
Pittsburgh, PA 15213
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
DeltaTrainer was founded by athletes and engineers from MIT and Carnegie Mellon. First we built a completely automated workout app, but quickly learned that human trainers cannot be replaced by chatbots and neural networks. That's why we stopped trying to replace trainers and instead made them superheroes.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Matthew Spettel
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC investment data records on this site are derived from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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