Volt is raising more funds to bring its fitness training app to different types of groups, including offices and “tactical readiness” organizations such as police, firefighters, and military.
The Seattle startup has raised about $1.1 million in equity and another $1 million in debt as part of an ongoing round. The six-year-old company has raised close to $4 million in its lifetime, including an investment from soccer star DeAndre Yedlin.
Volt calls itself the No. 1 AI workout app. It offers customized workouts for a variety of sports and training goals and relies on artificial intelligence to escalate exercises as users get stronger. The app is free, but Volt charges between $9.99 and $99.99 for various workout programs and services.
The company has more than 1 million total users, split into consumer and group categories. On the groups side, more than 5,000 sports teams, companies, military groups, fire and police departments across 150 countries use the app.
The move beyond pure sports training into both general fitness and tactical training began about six months ago. Volt counts the Seattle SWAT team and South King County Firefighters Training Consortium as some of its local tactical customers, and recently inked a deal with the Texas Army National Guard. The company is also getting traction among tech companies in the Seattle area that want to use the app to replace their wellness programs.
Today, Volt has 24 employees in Seattle’s Fremont neighborhood, and is actively hiring for five more positions. The company is led by Dan Giuliani, a former professor of sport performance at the University of Washington and an ex-football coach.
Last year, the company landed a milestone alliance with Gatorade. The deal brought Gatorade’s sports nutrition expertise to Volt’s revamped app, offering a more complete digital fitness guide for its users.
Source: Geek Wire
