• BurnAlong

  Participated · Equity · Feb 2018

  BurnAlong is a Baltimore-based, employer-focused online health, wellness, and fitness platform co-founded and co-led by Daniel Freedman and Mike Kott. It delivers subscription-based programmatic health and wellness content through video technology and a social motivation platform to employers, insurers, municipalities, non-profits and health systems. Content is provided by a network of more than 1,000 wellness professionals teaching across 45 categories, from cardio, yoga, mindfulness and nutrition to mental health, specialty areas and chronic conditions including cancer, diabetes, Parkinson’s and adaptive workouts for people with disabilities. Clients range from Fortune 500 companies to municipalities, school districts, construction companies, banks, tech companies, insurers and hospitals. The company raised $7M in a funding round led by Triventures. In conjunction with the financing, Triventures Managing Partner Michal Geva will join BurnAlong’s board alongside Pernille Spiers-Lopez and Josh Fidler. BurnAlong is a Pikesville-based streaming video health and wellness platform offering fitness, health and wellness classes and enabling people to work out together in groups. The company partners with employers and institutions who provide platform access to employees and members. A sampling of clients includes McCormick, Brown Advisory, Johns Hopkins and the City of Baltimore. BurnAlong said business is accelerating as remote work and closed fitness centers drive demand. The company plans to hire following the new funding. It raised $4 million in fresh funding and previously raised $1.5 million in 2019. BurnAlong operates a platform that offers streaming health and fitness classes. The company said it will use new funding to support expansion efforts, according to co-CEO Daniel Freedman. BurnAlong raised $1.5 million in fresh funding that includes participation from a new undisclosed investor and existing backers. The company previously raised a total of $2.3 million over two rounds in 2018. Investors in those 2018 rounds included Sid Stolz, Brown Advisory, Machem Capital, Macks Managed Investments, and Baltimore Angels. The article does not disclose operating metrics, valuation, instrument types, or location. BurnAlong offers a streaming platform that lets companies provide employees access to health and fitness classes. The company is expanding its offering following a $1.3 million seed round. Cofounder Daniel Freedman announced the raise. BurnAlong added two new board members with experience scaling companies to support growth, including Pernille Spiers‑Lopez. Spiers‑Lopez is the former global head of HR for IKEA and served as president of IKEA North America, leading expansion from 15 to 38 stores between 2001 and 2009. Cofounder Mike Kott said her experience guiding successful growth and building vibrant cultures will help as the company seeks to expand. BurnAlong is a streaming fitness class platform led by Daniel Freedman and based in Owings Mills, Md. The platform lets people work out online with top instructors from gyms and studios across the country, either on their own or live with friends they invite. BurnAlong currently partners with hundreds of local gyms, studios, and wellness professionals and is available via website and iOS and Android apps. It offers monthly (first month free), annual, and corporate subscription options. The company raised $1M in funding from Baltimore Angels, Brown Advisory, Machem Capital and Johns Hopkins University. BurnAlong intends to use the funds to expand operations and broaden its business reach.

No current team members are available.