Tech Company Financing Transactions
PEAR Sports Funding Round
On 5/7/2014, PEAR Sports received $5 million in financing from Innovate Partners and Nordic Ventures.
Transaction Overview
Company Name
Announced On
5/7/2014
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Undisclosed
Investors
Innovate Partners (Lead Investor)
Proceeds Purpose
The Irvine, Calif.-based company says it will use the new funds to amp up the marketing of its app, and to fuel its effort to sell a white-label "Powered by Fuel" version of the technology to third parties such as athletic brands, weight loss companies and training organizations.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
20371 Irvine Ave. 120
Newport Beach, CA 92660
USA
Newport Beach, CA 92660
USA
Phone
Website
Email Address
Overview
PEAR Training Intelligence was born from the desire to make the latest training science accessible and usable for anyone looking to attain a fitness or performance goal.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Technical Officer
Kristian Rauhala
Co-Founder
Bob Allison
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