Metaverse fitness app Sense4FIT: $2 million raised; next $2 million

♦ By the end of this year, Sense4FIT wants to attract 100,000 users worldwide to its fitness app, and by the end of next year the target is to reach 500,000 users ♦ The start-up will launch a franchise system for the opening of physical gyms under the Sense4FIT brand.

Local start-up Sense4FIT, which is developing an entire ecosystem for fitness, nutrition and mindfulness based on the latest technologies such as artificial intelligence, virtual reality and blockchain, is currently in the process of raising 2 million in funding. dollars, thus reaching a total investment of over 4 million dollars. The Sense4FIT team wants to officially launch the app with the same name in about a month in the iOS and Android app stores. The application is currently available in the AppStore for testing, but can only be accessed by referral.

"In the beginning, my investment was over 100,000 euros. After the investors began to see the quality of the flow we have, the objectives, but also the way we work, they began to look at the team, at our pitch deck, at the project objectives, the level of implementation, the objectives of marketing, the way we understand and see things, and all of these unlocked a lot of financial resources through the investors we attracted. After the first stage in which I was the only investor, we unlocked a lot of investors who came with us in the first round", Antonio Enache, co-founder and CEO of Sense4FIT, said during the ZF IT Generation show.

He started the project about a year and a half ago with the idea of ​​creating an online platform for fitness, nutrition and mindfulness, business that he already had for several years, but in the offline environment. So far, investors in Sense4FIT include US investment funds and cryptocurrency exchanges from abroad, as well as business angels.

We have as investors funds such as BullPerks and Solrdao, Bhero as a launchpad platform, ixfi Exchange, plus business angels. And now we're in the process of raising another two million dollars in the next 5-6 weeks. I know that someone, especially from the business world, can say that it is a very short time, only that we have many investors and investment funds already on board and we have the audit done, and the business is attractive to many people. At the moment we are being contacted by investment funds from all continents and we are happy that our product is understood and wanted on all continents and this excites us, but at the same time we put a lot of pressure on ourselves because we realize how much work we have - now we work 16 hours a day continuously without exaggeration", pointed out Antonio Enache.