ForActive, a Poland-based startup developing a payments and communication app for independent sports instructors, has raised over €1.5 million in pre-seed funding.
Investors
The round was led by ff Venture Capital and Movens Capital, along with business angels including Booksy co-founder Konrad Howard and Flyer One Ventures general partner Vital Laptenok.
ff Venture Capital is a venture capital firm that provides seed-stage and early-stage funding to technology companies. It was founded in 2008 and is based in New York City.
Movens Capital, founded in 2018, is a venture capital firm based in Warszawa, Poland, and manages two funds (early-stage VC and growth equity). The firm invests in seed and Series A rounds across European markets.
ForActive Use of Funds
The company will use the funds to develop the product and expand its presence in the US market.
About ForActive
Founded by Maciej Bieganski, ForActive provides an application for sport and wellness service providers. The company’s SaaS-driven application facilitates communication between sports and wellness service providers, enables efficient payment collection, and helps avoid overdue payments, particularly for independent trainers.
Funding Details
Company: ForActive
Raised: €1.5M
Round: Pre-Seed Round
Funding Month: April 2024
Lead Investors: ff Venture Capital, Movens Capital
Additional Investors: Konrad Howard, Vital Laptenok
Company Website: https://www.foractive.com/
Software Category: Payment and Communications
Source: https://www.eu-startups.com/2024/04/polish-startup-foractive-raises-e1-5-million-pre-seed-to-boost-independent-sports-instructors/