Want more from Front Office Sports
in your search results?
FightCamp, an interactive at-home boxing machine and workout class company, raised $90 million in a funding round led by VC firms New Enterprise Associates and Connect Ventures.
The round also included boxing icons Mike Tyson and Floyd Mayweather, MMA legend Georges St-Pierre, and reigning UFC heavyweight champion Francis Ngannou.
Launched in 2014 by engineer Khalil Zahar, FightCamp has raised $98 million in total capital. Its machine uses advanced motion tracking to tally the number of punches and the output of each punch thrown.
The company uses a model comparable to other connected fitness systems, as it offers a pricey product – the punching bag costs $1,349 – and a $39 monthly subscription to access more than 1,000 classes and drills.
It’s been a busy first half of the year for the at-home fitness market.
- Ergatta, a connected rowing company that gamifies workouts, raised $30 million at a $200 million valuation in April.
- CLMBR, a connected climbing machine company, raised $13.5 million in May, with contributions from tennis star Novak Djokovic and business mogul Jay-Z.
- Earlier this month, Liteboxer, another connected boxing system, raised $20 million in a Series A funding round that included Grammy-winning music artist Timbaland.
FightCamp itself has seen sales increase by 30 times over the last two years.
Download the FOS App
The business of sports, in your pocket.
Scan the QR code to get the app now.
