Press · Nov 1, 2022

Coach Welly secures pre-seed funding valuing company at $4.25 million

A noteworthy raise in a challenging capital environment for start-ups.

Two phones showing the Welly app's progress tracking and AI chat.

Coach Welly has announced a successful pre-seed capital raise valuing the company at $4.25 million.

The achievement is particularly noteworthy considering the challenging capital environment faced by start-ups, and follows a journey that began with a smart chatbot prototype trialled across three California Family Fitness sites and 18,000 members in 2020.

The funding supports the company's push from pilot to platform: a full mobile application with AI coaching, gamified streaks and levels, wearable integration, and a rewards catalogue of real partner value.

← All news