Proteus Motion, an NYC-based fitness technology company, raised $8.5 million in a Series A funding round.

The round was co-led by Acies Investment and HBSE Ventures with participation from Harrison & Co., Monozukuri Ventures, and 412 Ventures, as well as Blake Griffin’s Blake Griffin Enterprises, NBA Champion Matthew Dellavedova, and three-time World Series champion Jon Lester.

The company, which has raised $17m to date, intends to use the funds to expand the team, scale production capabilities, and its software offerings.

Company: Proteus Motion Inc.

Raised: $8.5M

Round: Series A

Funding Month: July 2022

Lead Investors: Acies Investment and HBSE Ventures

Additional Investors: Harrison & Co., Monozukuri Ventures, 412 Ventures,Blake Griffin’s Blake Griffin Enterprises, Matthew Dellavedova, and Jon Lester

Company Website: https://proteusmotion.com/

Software Category: Fitness & Physical Rehabilitation

About the Company: Led by Founder and CEO Sam Miller, Proteus Motion developed a system that utilizes patented strength measurement software, which guides users through 4-minute physical assessments which deliver performance insights, while also providing a resistance training experience called 3D Resistance™ for some of the world’s top athletes. Currently, the company has its systems installed in 41 states and two Canadian territories. It is used by several high-profile athletes including the MLB’s Miguel Cabrera, Giancarlo Stanton, JD Martinez, and Justin Verlander, the NBA’s Damian Lillard, golf stars DeChambeau, and Jon Rahm, and NFL quarterback Patrick Mahomes. 

Source: https://www.finsmes.com/2022/07/proteus-motion-raises-8-5m-in-series-a-funding.html