Swimtraxx

Direct Message
October 9, 2023
Data is self reported
Swimtraxx sells the smartest swim specific heart rate tracker to swimmers, triathletes and their coaches to help them improve their swims through valuable, live and accurate insights

Achievement

We've bootstrapped a hardware + software sportstech startup into the market, are present in 15+ countries, and only now are we raising our first round to scale up our already impressive traction.

Founded in

2018

Country

Belgium

Industry

Sports, Hardware, AI/ML

SDGs

Good health and well-being (SDG #3)

Patent information

Team

Number of founders

€20K - €40K

Number of employees

No

Founder backgrounds

McKinsey, Stripe

Exit experience

No

Relevant industry experience

Yes

Previous startup experience

No

Female founder

No

In the news

Investment details

Amount raising

2000000

Ownership founders

100% owned by founders

Lead investor

Current investors

1MEUR non-dilutive

Intended closing date

Q4

Fundraising status

Already committed

Revenue Metrics

Monthly revenue

€20K - €40K

Monthly growth

4-8%

Paying customers

200

Monthly active users

Swimtraxx sells the smartest swim specific heart rate tracker to swimmers, triathletes and their coaches to help them improve their swims through valuable, live and accurate insights
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Premium Details Available

(Data is self reported)

FINANCIAL PERFORMANCE

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INVESTMENTS

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TEAM

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OTHER

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Premium Details

(Data is self reported)

FINANCIAL PERFORMANCE

Monthly Revenue
€20K - €40K
Growth rate month over month
4-8%
Monthly revenue context
Number of paying customers
200
Monthly active users

INVESTMENTS

Do you have a lead investor?
How much have you raised in the past?
1MEUR non-dilutive
How much of this round already committed?
When are you aiming to close this round?
Q4

TEAM

How much time do the founders spend on the business?
100%
Is there a founder with previous co-founder / c-level at startup experience?
No
Is there a founder with previous Sector Experience?
Yes
Is there a founder with previous Exit Experience?
No
What percentage of company is owned by founders?
100% owned by founders
Is there a women founder with at least 5% of the shares?
No
Is there a founder with a EUR / Erasmus MC or TUDelft relation?
Graduation year from EUR, Erasmus MC or TUDelft

OTHER

Year founded
2018
Patent status

Basic details

Amount raising
2000000
Country
Belgium
Industry
Sports, Hardware, AI/ML
Founders
linkedin profile of founderlinkedin profile of founderlinkedin profile of founder
Last updated:
October 9, 2023

Key Achievements

  • We've bootstrapped a hardware + software sportstech startup into the market, are present in 15+ countries, and only now are we raising our first round to scale up our already impressive traction.
  • As a startup, we bootstrapped through Covid: closed pools, chip shortage and overall strains didn't stop us from posting a profit in 2022 and getting featured as one of the best Swim Products at the Global Triathlon awards.

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