Paace
Mobile app that rewards exercise
- 1-20 employees
- B2C
- Personal health
- Fitness
- Mobile
- Battersea, London, UK
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Company mission
Paace's mission is to change the world's relationship with exercise by giving users a financial incentive to get moving
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
Benefits
- What the February (work from anywhere for the month of Feb)
- Flexible working and mandatory lunch breaks we actively encourage time off each day to pursue hobbies or exercise
- Just the right amount of team activities
- 25 days holiday + a day off for your Birthday
- One cultural ticket of your choosing a year can be expensed
Leadership
Edward Page
(Co-founder)Experienced Commercial operator with stints working across, recruitment, luxury and data/AI
Seb Cohen
(CEO)Started his career in advertising at Grey and Wieden + Kennedy before training as a lawyer