Katalyst
8400 W Sunset Rd Ste 300, Las Vegas, Nevada, 89113, United States
Overview
Katalyst is a Las Vegas, Nevada–based health and fitness company that brings EMS-specific training to an at-home format. Led by CEO Bjoern Woltermann, the company offers a system that delivers a two-hour workout in 20 minutes and claims to directly activate up to 90% of muscle fibers. Katalyst has shipped more than 1,200 units through an Early Access program to users including professional athletes, physicians, and celebrities such as Bradley Cooper and Cindy Crawford. The company raised $26M in a Series A led by Stripes, with participation from Incisive Ventures, Unlock Venture Partners, Robert Nelsen, Cindy Crawford and Rande Gerber. Katalyst intends to use the funds to scale production, develop the brand, and grow the team. It leverages technology to adapt EMS training for at-home use and is focused on expanding production and commercial presence. Katalyst offers a Peloton-like at-home workout experience that uses full-body electrical muscle stimulation (EMS) paired with high-end hardware and on-demand virtual classes. The company pivoted from a studio model to an at-home product after customer demand, and has begun sending a limited number of systems to a private group while operating a public waitlist. Katalyst plans to price the system at roughly $2,000 and the monthly workout subscription at around $39 per month. The startup has FDA approval for its studio EMS system and is awaiting approval for the home version, and expects to start accepting orders in the next month and ship in early 2020. Founded and led by CEO Bjoern Woltermann, Katalyst employs 15 people and is positioning EMS as a low-impact strength option appealing to older users, those with limited mobility, and time-pressed consumers.
- Total raised
- $32M
- Funding rounds
- 2
- Latest round
- Series A
- Latest activity
- Oct 2022
Industries
- Fitness
- Health Care
- Medical Device
- Wellness
Recent funding
Series A
Oct 2022
$26M
Equity
Nov 2019
$6M