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Liteboxer
Interactive at-home boxing platform
- 21-100 employees
- B2C
- Lifestyle
- Enterprise
- Fitness
- Hampton, NH
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Company mission
To use technology to bring about positive and lasting change through fitness.
-4% employee growth in 12 months
Our take
When working out at home, finding a willing sparring partner is not always easy. This partner is what Liteboxer brings to the table. It aims to do for boxing training what Peloton did for indoor cycling, combining hardware and software to deliver interactive workouts that surpass what most traditional punchbags can offer.
Users buy their own Liteboxer unit, featuring punching pads and light-up targets, and can then either work out to music or follow curated content offered via a monthly membership plan. Liteboxer is making its mark by its acknowledgement that space has become a major barrier of entry for home fitness, creating a portable system named Go as well as a VR product.
Although the company has competitors in the form of fitness giants Peloton and Tonal, its employment of gaming tactics in workouts have distinguished its products from others on the market. By continuing to adapt its workout system, Liteboxer has a chance to reach new types of consumer and grow its customer base.
Freddie
Company Specialist at Welcome to the Jungle
Funding (last 2 of 4 rounds)
Mar 2023
$11.4m
EARLY VC
Jun 2021
$20m
SERIES A
Total funding: $37.4m
Leadership
Jeff Morin
(CEO)Previously a Senior Mechanical Engineer for Vecna Technologies, which automated hospital logistics robots. Before co-founding Liteboxer, they co-founded Gym and Tonix, which used empty nightclub spaces to deliver music inspired fitness. In addition, they were the Manufacturing Lead for Formlabs, which specialised in supply chain and procurement product development.
Todd Dagres
(Chairman)Before co-founding LiteBoxer, they founded Spark Captial, a venture capital and private equity firm investing across all sectors and stages. Spark Captial has invested in Slack, Twitter, Postmates and Wayfair.