Company Overview
Snapshot
Founded in August 2016 by Ohad Folman, Omri Zaied, Sivan Entelis, and Edan Folman, Practix Innovative Workout operates with 1–10 employees. The company has raised $236.75K across 3 funding rounds from 2 investors. In March 2017, Practix secured crowdfunding from Kickstarter.
Business overview
Practix Innovative Workout develops a connected ecosystem designed to personalize the gym experience through IoT tracking technologies and AI. The company's core product involves a smart bracelet that identifies equipment and physical activities, collecting workout data via motion and NFC sensors. This data is then analyzed using machine learning and pattern recognition algorithms to provide insights for fitness clubs and personalized training for members. Practix serves the fitness and sports markets, operating within the Business Software sector, specifically focusing on data analysis and decision support for gyms.
Log in to access full profile ›Company Intelligence Q&A
- What is Practix Innovative Workout's primary focus?
- Practix Innovative Workout focuses on creating a connected ecosystem for gyms that offers personalized training through IoT tracking technologies and AI, aiming to increase gym profitability and improve member workout experiences.
- When was Practix Innovative Workout founded?
- Practix Innovative Workout was founded in August 2016.
- Who are the founders of Practix Innovative Workout?
- The founders of Practix Innovative Workout are Ohad Folman, Omri Zaied, Sivan Entelis, and Edan Folman.
- What technology does Practix Innovative Workout utilize in its products?
- Practix Innovative Workout utilizes IoT tracking technologies, AI, machine learning, pattern recognition algorithms, and NFC sensors in its smart bracelets and ecosystem.
- What was a notable early funding event for Practix Innovative Workout?
- In March 2017, Practix Innovative Workout secured crowdfunding from Kickstarter.