Sweatcoin
Virtual currency rewarding physical activity
- 101-200 employees
- B2C
- B2B
- Lifestyle
- Cryptocurrency
- Enterprise
- Fitness
- Mental health
- Wellbeing
- London, UK
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Company mission
To get a billion people moving, every day.
Our take
Sweatcoin is a health and fitness app designed to motivate people to be more active by rewarding them for their daily steps. The app converts steps into sweatcoins, a digital currency that can be used to support a good cause or purchase a wide range of products and services.
Sweatcoin's mission is based on the belief that steps are valuable - not only for improving personal health but also for benefiting the planet. By turning movement into rewards, Sweatcoin empowers users to adopt more active lifestyles, one step at a time.
Research from the British Journal of Sports Medicine has shown that Sweatcoin users experience a sustained 20% increase in their step count over six months of use. The company has partnered with the NHS, Digital Health London, and over 600 other organisations, with the goal of making sweatcoins a universally accepted payment method.
Freddie
Company Specialist at Welcome to the Jungle
Funding (2 rounds)
Dec 2017
$4.6m
SEED
Mar 2016
$0.6m
ANGEL
Total funding: $5.2m
This company has top investors
Leadership
Anton Derlyatka
(Co-Founder & CEO)They are an investor in multiple companies: SmartUp.io, Entelo and RolePoint. As well as a founding member of Talent Equity Ventures.