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Home » OxeFit, a leader in data-driven health and fitness, crosses $70 million funding milestone
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OxeFit, a leader in data-driven health and fitness, crosses $70 million funding milestone

Paul E.By Paul E.September 25, 2024No Comments5 Mins Read
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Biohacking legend Dave Asprey and Solidcore founder Anne Marham join investor team as company unveils cutting-edge artificial intelligence

DALLAS, Sept. 25, 2024 /PRNewswire/ — OxeFit, the leader in AI-powered health and fitness experiences, today announced that Dave Asprey and Ann Mahlum have joined as investors in the company’s latest $17.5 million funding round, bringing its total funding to date to over $70 million. Following continued interest from entrepreneur and professional athlete investors, the new funds will be used to further OxeFit’s commitment to bring cutting-edge artificial intelligence (AI) to health and fitness experiences.

Ann and Dave join a growing list of notable investors who have used OxeFit to achieve their health and fitness goals, including soccer legend Harry Kane, professional golfer Dustin Johnson and NFL quarterback Dak Prescott.

Built on products (XP1 and XS1) that enable an ecosystem of in-depth data, the OxeFit experience includes a platform with cutting-edge technology, innovative health and wellness programs, gamification and a robust content library that empowers everyone to live a healthier life.

“Technology has unlocked vast amounts of data that we can use to get better, both mentally and physically. OxeFit’s XP1 and XS1 have unlocked the secret of giving you the tools to do exactly what your body needs to get healthier and stronger, in a very short amount of time. This is more than just a gym,” said Dave Asprey, entrepreneur, author, and known as the “father of biohacking.” “That’s why I’m excited to add OxeFit to our 30+ Upgrade Lab locations and even more excited to join the OxeFit team. Together, we will use the power of science to transform the way we train and live healthier, longer!”

“I’ve been looking at many investments, but OxeFit has a product that far surpasses the competition and a talented team that knows how to execute, making it the winner in this category for me,” said Anne Mahlum, founder of Solidcore. “I’m excited to be part of a company that is changing the future of fitness with personalized data and helping people reach their health and wellness goals.”

AI-powered OxeFit experience
AI plays a pivotal role in the future of fitness. OxeFit’s core technology (hardware and software) brings together AI, robotics, movement and performance tracking, advanced coaching and analytics to connect, align and ultimately transform personal health, powered by unparalleled data science.

Key AI capabilities rolling out in the coming months include:

Personalized Training Programs – The AI ​​virtual trainer not only creates a program based on the user’s personal goals, but also updates the program in real time based on the user’s training methodology. Using an AI model based on an optimized, results-driven methodology, training data is constantly monitored and evaluated by OxeFit’s software to provide the user with the best possible training. Health Snapshots and Tracking – A series of assessments and data tracking uses AI models to provide analysis and insights into the user’s health and progress. Tracking can detect potential injuries before they occur or determine when rehabilitation after an injury is complete. Digital Training Assistant – The AI-based assistant is integrated into the product platform and app to help users discover new OxeFit content and create “exercise playlists” based on their goals and interests. During training, the assistant provides feedback on movements and form to maximize the results of each session. If users have questions about the numbers, they can use the assistant to help them better understand what the data means. AI Games for OxePlay – Only OxeFit offers highly dynamic interactive fitness games. When a game starts, AI-powered bot players play alongside humans, so no matter your gaming preferences or skill level, there’s always someone to compete against. The bots’ intelligence includes human-like strategies and the ability to chat with users as they play.

“OxeFit’s XP1 and XS1 are the only products that can fully integrate and holistically analyze user data from cardio, strength, balance and gaming, which is a key differentiator in providing users with an AI-driven training experience and personalized insights tailored to their goals and abilities,” said Rav Chanabre, CEO of OxeFit. “Dave and Anne have long pioneered data-driven approaches to living healthier lives, and we are excited to bring their expertise into OxeFit to continue delivering on our mission.”

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About OxeFit
OxeFit is a digital fitness and technology company that has developed first-of-its-kind strength training systems, XP1 and XS1, revolutionizing the world of connected fitness with advanced robotics and artificial intelligence. Leveraging data-driven training programs, XP1 and XS1’s computerized weight loading allows for a variety of resistance training exercises, while cutting-edge technology captures data to monitor form and identify weaknesses and potential injuries. The OxeFit ecosystem includes a library of engaging content that aims to bring new connectedness to the fitness community. OxeFit is headquartered in Plano, Texas. For more information, visit oxefit.com.

SOURCE OxeFit

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