Altis, a Fort Lauderdale-based AI personal trainer provider, announced that it closed $7 million in Seed funding.
The round was led by Tel Aviv-based fund PentaLab, with participation from retired NBA player Jerome “Junkyard Dog” Williams.
The company plans to use the seed funding to expand operations and its business reach.
Company: ALTIS MOVEMENT TECHNOLOGIES, INC.
Raised: $7.0M
Round: Seed Round
Funding Month: February 2022
Lead Investors: PentaLab
Additional Investors: Jerome Williams
Company Website: https://altisai.com/
Software Category: AI personal trainer
About the Company: Founded in 2019 and led by CEO and co-founder Jeff Halevy, Altis is the world’s first AI personal trainer that provides a hyper-personalized fitness program, with interactive real-time coaching and program modification based on a user’s live performance. Altis uses advanced AI and computer vision to help you understand how your body is moving during exercise and what you need to do to improve form and movement performance. Think about Altis like GPS for your body. Altis’s proprietary AI technology first determines which exercises and regimens are best for a user based on their capabilities, limits, and goals. Altis’s technology is delivered via a soundbar-sized console that connects to any screen via HDMI, allowing easy integration into nearly any environment, from a health club to a hotel, to a home.
Source: https://www.refreshmiami.com/altis-an-ai-personal-trainer-raises-7m-seed-round/