Aaptiv Acquires $22 Million Dollars from Amazon, Disney for its Netflix for Competence, Assessed Over $200M. Health and wellness have been an integral part of the evolvement of the tech industry with a vast range of ensemble devices and associated amenities being built to trail how we are maintaining ourselves and induces us to stay fit. Now a startup whose app provides a user an assortment of audio-based, personal-trainer-led workouts that also observes users as they advance through them has shut a chief round of financing that accentuates how software and particularly Apps are also profiting from that trend. Aaptiv which assembles what its originator and CEO Ethan Agarwal chronicled as “the Netflix of fitness” offering streams of music originated fitness training on request has increased $22 million dollar in financing.
The Series C round figures out the total built by New York-based Aaptiv to $52 million, and while the company is not divulging it’s costing initiators close to it are saying that it is now over $200 million. The company has gathered 200,000 reimbursing members in the last two years and says that its audio classes have been streaming more than 14 million times.
The financing is not particularly because that it will provide some manpower to Aaptiv to supplement its products and user base furthermore but also because of someone present in this round. It was led by Millennium Technology Value Partners with e-commerce investor 14W and Insight Venture Partners also engaging.