Digital Fitness Startup Exer Labs Raises $2 Million In Funding

Digital Fitness Startup Exer Labs Raises $2 Million In Funding

by NeoTech Post

Exer Labs, a digital fitness startup that uses its edge-based AI and computer vision platform to power its motion coaching apps, raised an additional $2 million in seed funding, bringing its total raised to $4.5 million. 

Investors include GGV, Jerry Yang’s AME Cloud Ventures, Morado Ventures, Range VC, Service Provider Capital, Shatter Fund, MyFitnessPal co-founders Mike and Albert Lee, Signia Venture Partners, and former Zynga COO, David Ko.

Exer Labs also launched Exer Studio, a Mac app that delivers a Peloton-style leaderboard and workout stats to any virtual workout using edge-based AI and computer vision, without extra hardware. The Studio offers coaches an opportunity to deliver better feedback and more engagement during their video streamed workouts, on any platform like Zoom or IG Live. 

The Studio uses the camera of a user’s device to track motion and velocity, generating workout data and an output score using a proprietary AI algorithm that runs “on edge” – and it never sends data back to the cloud. There is no need for any third-party monitors or hardware. Future plans include a browser-based version to support all laptops and a tablet or phone app, along with more features and support for on-demand classes.

Exer’s AI platform that powers Exer Studio has been in development for two years and was publicly debuted in the Perfect Plank app – a mobile app with real-time AI coaching and feedback. Also in the pipeline is a Physical Therapy AI coaching app that is currently in beta testing in clinics across the country.

Image Credit: Exer Labs