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FitnessKeeper

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Runkeeper - Track your runs, walks and more with your iPhone or Android phone

Boston, United StatesFounded 2008Health
Valuation $50–100M Last recorded · 2011
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About FitnessKeeper

FitnessKeeper is the entity behind Runkeeper, a GPS fitness-tracking application launched in 2008 for iOS and Android. The company was established in Boston, United States, by Jason Jacobs, Joe Bondi, and Michael Sheeley. Jacobs, the CEO and public face of the company, was notably passionate about the concept but described himself as "technically illiterate" and couldn't code, relying on his vision to attract developers. Before its acquisition, the firm successfully raised $11.5 million in capital from investors, including a significant $10 million Series B round in late 2011 led by Spark Capital. A major milestone occurred in February 2016 when the Japanese sportswear and footwear manufacturer Asics acquired FitnessKeeper for $85 million.

The business operates in the digital fitness market, providing a mobile application that allows users to track workouts such as running, walking, and cycling using their smartphone's GPS. The app records metrics like distance, time, pace, and calories burned. The business model is primarily freemium. A free version of the app allows users to track basic activities, set goals, join community challenges, and receive audio cues during their workouts. Revenue is generated through a premium subscription tier, originally called RunKeeper Elite and now known as Runkeeper Go, which costs $9.99 per month or $39.99 per year. This subscription unlocks advanced features, including personalized training plans for various race distances (5K, 10K, marathon), in-depth progress statistics, live tracking to share with family and friends, and a library of audio-guided workouts from coaches.

The Runkeeper application serves a broad client base, from beginners starting their fitness journey to experienced marathon runners. Its core service is providing a detailed log of a user's fitness activities, which syncs to the Runkeeper.com website for a historical overview and deeper analysis. Key features include GPS tracking for outdoor activities and an indoor mode for gym workouts. The platform fosters community engagement through running groups and social sharing capabilities. It also integrates with other hardware and software, including Apple Watch, Garmin devices, and other fitness apps like MyFitnessPal. A unique feature is the shoe tracker, which monitors mileage on running shoes and provides reminders for replacement. Following the acquisition by Asics, the app has become more integrated into the Asics ecosystem, promoting a link between the digital fitness platform and the brand's physical products.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2008
Headquarters
Boston, United States
Employees
7
Open positions
None listed
Dealroom signal
55.3/100
Industry
Health, Sports
Sub-industry
Sport Platform & Application
Sector
Health, Space Tech, Hard Tech
Technology
Mobile app
Client focus
b2c

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES B✓Equity / VC Nov 2011 $10M $40M Spark Capital · Revolution —
SERIES A✓Equity / VC Dec 2010 $1.1M $4.4M LaunchCapital · OATV —
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Growth signals

FitnessKeeper website traffic

Latest recorded traffic for FitnessKeeper is 350K monthly website visits, down 2.8% over the last three months. FitnessKeeper's team grew 0% over the past year.

Latest monthly visits350K 3-month web change-2.8% 1-year team growth0%
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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

8 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed4 investors entered at this stage

  • Will Herman
  • Dave Balter
  • LaunchCapital
  • Don McLagan

Series A3 investors entered at this stage

Other known investors1 additional known investor

  • Boston Seed Capital
Team profiled 16 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Boston HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about FitnessKeeper on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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