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HealthTech Seed Founded 2020

Speediance

Speediance is a smart home gym equipment company that develops all-in-one AI-powered fitness machines enabling users to practice strength training, stretching, aerobic exercises, and bodybuilding from the comfort of their own homes. The company's product lineup includes Gym Monster 2 and 2S, its flagship smart home gym systems featuring digital weight technology that replaces traditional weight plates with motorized…

📍 Shenzhen, China · Fitness & Wellness Tech,

Funding snapshot

Last roundSeed
Amount$2M
Date20 July 2023
Total raised$2M
Team size60

About

Speediance is a smart home gym equipment company that develops all-in-one AI-powered fitness machines enabling users to practice strength training, stretching, aerobic exercises, and bodybuilding from the comfort of their own homes. The company's product lineup includes Gym Monster 2 and 2S, its flagship smart home gym systems featuring digital weight technology that replaces traditional weight plates with motorized resistance controlled by AI; Gym Monster, the original version of the smart gym system; VeloNix, a smart fitness product; and Wellness+, a health and wellness companion product. Speediance's equipment uses AI to adapt workouts to individual users, tracking performance metrics and adjusting resistance in real time to optimize training effectiveness. The platform includes a smartphone app for workout management, a movement library, and programs supporting various fitness goals. The company serves home gym users, gym members seeking alternatives, users wanting safer and easier strength training, and those needing complete fitness solutions. Speediance has built a community of users including strength coaches, IFBB Pro bodybuilders, Hyrox training coaches, and weightlifting athletes, with one user becoming an IBF World Champion while training with Speediance equipment. The company offers a Heroes Program giving back to those who serve, an Upgrade Program, refurbished options, and HSA/FSA eligibility through Truemed. Speediance has been featured in media coverage as the best home gym machine and the future of connected fitness, and has published a white paper on how AI, hardware, and a unified ecosystem are reshaping personal health. Founded in 2020 and headquartered in Shenzhen, China, Speediance has raised $1.6M in Seed funding from investors including Frees Fund, Oriza Holdings, Haiyi Investment, and Rongda CVC.

Business model

Smart Homes > Home Appliances > Personal Home Gym,

Fitness & Wellness Tech > Physical Fitness > Smart Exercising Equipment > Smart Equipment and Accessories > Home Gyms

Institutional investors

Frees Fund Oriza Holdings Haiyi Investment Rongda CVC

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