Tech Company Financing Transactions
NEOU Funding Round
NEOU, based in New York, raised $5 million from Ares Capital.
Transaction Overview
Company Name
Announced On
6/3/2020
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Undisclosed
Investors
Ares Capital (Michael Arougheti)
Proceeds Purpose
The new funds will be used to attract new customers, Forster said, and he hopes the company will be profitable in the next year or two.
Company Information
Company Status
Private & Independent
Industry
Consumer
Mailing Address
420 5th Ave.
New York, NY 10018
USA
New York, NY 10018
USA
Phone
Website
Email Address
Overview
NEOU has set out to be the first true digital marketplace for health and wellness. We believe everyone, everywhere should have access to the highest quality fitness content. NEOU accomplishes this by bringing the top instructors and concepts from around the world directly to our members -- anytime, anywhere.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Nathan Forster
Co-Founder
Michael Alfaro
VP - Bus. Development
Joseph Bilman
VP - Bus. Development
Blake Shutterly
VP - Human Resources
Richard Chang
Browse more venture capital transactions:
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Next: 6/3/2020: Locus Robotics venture capital transaction
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Where The Data Comes From
Our team works diligently to report on every notable VC transaction. VC investment data records reported here are sourced from publicly available VC deal announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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