Paace
Mobile app that rewards exercise
- 1-20 employees
- B2C
- Personal health
- Fitness
- Mobile
- Battersea, London, UK
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Company mission
To get the world moving, while supporting local businesses.
Our take
Paace is a mobile app that rewards individuals for staying fit. The app itself tracks fitness activities like walking, running and cycling and then provides users with an in-app currency that can be used for purchases with a wide of leading brands like Trip CBD, Wild Cosmetics and many more.
Since being awarded a grant by Innovate UK, the platform has grown quickly – signing up more than 10k users and attracting over 30 brands. The platform generates revenue via partnerships with the curated set of brands featured on their marketplace.
Paace operates in a busy space, with entrenched competitors like Sweatcoin already boasting millions of users. But by building an extensive in-app marketplace, Paace has differentiated itself enough to stand out in the market. This, combined with its mission-led focus and curated selection of feel good brands, could give it the edge over incumbents.
Steph
Company Specialist at Welcome to the Jungle
Leadership
Edward Page
(Co-Founder)Experienced Commercial operator with stints working across, recruitment, luxury and data/AI.
Seb Cohen
(Co-Founder)Began their career in advertising at Grey and Wieden + Kennedy before training as a lawyer.