Tech Company Financing Transactions
Funxtion Funding Round
Funxtion, based in Amsterdam, secured $5.8 million from Lexar Partners.
Transaction Overview
Company Name
Announced On
9/2/2022
Transaction Type
Venture Equity
Amount
$5,800,000
Round
Series A
Investors
Lexar Partners (Sander van Woerden)
Proceeds Purpose
The new cash will allow the company to further boost the development of its platform and fuel international expansion, especially in the U.S.
Company Information
Company Status
Private & Independent
Industry
Healthcare Services
Mailing Address
Sloterweg 796
Amsterdam, 1066 CN
The Netherlands
Amsterdam, 1066 CN
The Netherlands
Phone
Website
Email Address
Overview
We are the global leader in smart digital fitness content. We are driven by our purpose: support gyms to enhance their member experience with customisable digital fitness content they can deliver at scale. We are Funxtion, an open source B2B SaaS Platform that helps gym operators with the difficult task of keeping their members engaged.
Management Team
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