Sweatcoin

About

Sweatcoin is a digital currency backed by economic value of physical movement.

London,England,United Kingdom
51 - 100
http://sweatco.in

Highlights

Details

Last Funding Type: Series Unknown
Last Funding Money Raised: $13M
Industries: Apps,Finance,Internet,Personal Health
Founded date: Jan 31, 2015
Number Of Employee: 51 - 100
Operating Status: Active
Legal Name: SweatCo LTD

Sweatcoin is a digital currency backed by physical movement. They verify and convert movement into currency. Users can then donate it to charity, transfer to other users or spend on products, services, and experiences provided by Sweatcoin vendors and user community.

Sweatcoin tackles Present Bias by moving the future benefits of exercise into the here and now- immediately converting movement into a digital currency and changing the perception of physical movement.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

4

$13.60M

Sweatcoin has raised a total of $13.60M in funding over 2 rounds. Their latest funding was raised on Jul 28, 2022 from a Series Unknown round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jul 28, 2022	Series Unknown	$13M	7	Spartan Capital	—	Detail
Jan 25, 2019	Series Unknown	—	2	Runa Capital	—	Detail
Jan 17, 2018	Seed	—	1	—	—	Detail
Mar 1, 2016	Angel	$600K	2	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

2

12

Sweatcoin is funded by 12 investors. Spartan Capital and Runa Capital are the most recent investors.

Investor Name	Lead Investor	Funding Round
Spartan Capital	Yes	Series Unknown
Runa Capital	Yes	Series Unknown
Björn Wagner	—	Series Unknown
Electric Capital	—	Series Unknown
GSR Ventures	—	Series Unknown
NEAR Foundation	—	Series Unknown
Sandeep Nailwal	—	Series Unknown
Vinny Lingham	—	Series Unknown
Upscale	—	Series Unknown
Asymmetry Ventures	—	Seed