Fiture
Founded Year
2019Stage
Series B | AliveTotal Raised
$391MValuation
$0000Last Raised
$300M | 3 yrs agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-63 points in the past 30 days
About Fiture
Fiture is a company specializing in smart home fitness equipment, offering products that integrate advanced technology to enhance workout experiences. The company's main offerings include interactive fitness mirrors that provide real-time feedback and personalized training through motion engine technology. These products are designed to cater to the home gym market with their aesthetic appeal and innovative features. It was founded in 2019 and is based in Chengdu, Sichuan.
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ESPs containing Fiture
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The connected fitness equipment market refers to the integration of technology with traditional fitness equipment, allowing users to track and monitor their workouts in real-time. This market includes solutions such as smart treadmills, stationary bikes, and weightlifting machines that are equipped with sensors, screens, and software that provide personalized workout plans and progress tracking. T…
Fiture named as Challenger among 15 other companies, including Peloton, Technogym, and EGYM.
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Expert Collections containing Fiture
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Fiture is included in 4 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,244 items
Wellness Tech
1,370 items
We define wellness tech as companies developing technology to help consumers improve their physical, mental, and social well-being. Companies in this collection play across a wide range of categories, including food and beverage, fitness, personal care, and corporate wellness.
Artificial Intelligence
14,767 items
Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.
Smart Home & Consumer Electronics
1,234 items
This Collection includes companies developing smart home devices, wearables, home electronics, and other consumer electronics.
Latest Fiture News
Jan 25, 2023
January 25, 2023 at 9:11 AM EST By Alicia Esposito Smart home fitness mirror Fiture has a short, yet appropriate, tagline: “Don’t fit in. Fiture.” At its core, the brand is focused on making sure anyone and everyone can benefit from and enjoy fitness. And those core beliefs are reflected in everything the brand touches, whether it be an influencer partnership or an in-store experience. “We believe Fiture can remove barriers to fitness and bring back the joy of movement,” said Hannah Gates, Senior Brand and Campaign Manager for Fiture in an interview with Retail TouchPoints. “There is a constant barrage of unrealistic fitness messaging and outdated aesthetics that drive expectations of what fitness should be. We believe fitness should be what you make it to be — engaging, personalized and fun! Our Motion Engine™ technology, world-class content and sleek design are here to connect our members as we all move better together for years to come.” As part of its quest to expand into the U.S., Fiture doubled down on these values and collaborated with MG2 on an immersive and engaging physical space that allowed its Motion Engine technology to shine. The small-but-mighty 605-square-foot space at the Westchester Mall in White Plains, N.Y. opened in November 2022 and brought a burst of activity (and color) to consumers through a vibrant yet intimate space. Fitting semi-private “zones” and making room for instructors to interact with customers posed as a possible challenge in the small space, but it was needed for Fiture to communicate what’s unique about its platform as the connected fitness space market grows and evolves. Gates noted that consumers can “immediately understand the difference” between Fiture and its competitors when they use the modular spaces equipped with its devices. They can either participate in virtual classes or walk through the process with instructors who are on hand to provide guidance and support. When consumers actually go through reps and sets, and see the device measure their progress and offer feedback on their form in real time, they can better understand how the proprietary Motion Engine technology works. Having a limited number of instructors on hand helps nurture one-to-one relationships and build trust without overwhelming visitors in the space, explained Johnny Cruz, Senior Sales Manager for Fiture in an interview with Retail TouchPoints. “Providing customers with the opportunity to connect and learn from our instructors will fuel customers’ motivation to start and continue their fitness journey, and provoke the desire to make us a part of that journey. Any fitness journey can be challenging, and we want to be able to leverage our instructors to make that journey realistic and fun, both in-person and on the Fiture platform.” Fiture focused on finding a space with high visibility, located in close proximity to retailers and competitors that aligned with its core demographic. Finding a space close to Fiture’s New York City headquarters also was critical to “optimize the level of in-person support we could provide to ensure we deliver a best-in-class experience for our customers,” Cruz explained. Modular spaces in the Fiture store design inspire product education and discovery. Spaces are intimate enough to encourage one-to-one engagement between customers and trained instructors. Photo credit: Fiture Bringing an ‘At-Home Feeling’ to Physical Retail Spaces Because the store has such a small footprint, the Fiture team had to think strategically about its goals and the type of experience they wanted to create — one that was welcoming yet invigorating. They went to MG2 with specific objectives in mind, which helped the firm start to build out an efficient, yet effective, layout. “From the larger-than-life graphics to the color palette, it was all about evoking the feeling of movement into the space from a design standpoint,” said Melissa Gonzalez, Principal at MG2 and Founder of The Lionesque Group, an MG2 Studio, in an interview with Retail TouchPoints. From the curves of the custom pieces that fit behind the mirrors to the wood flooring and use of cork, all of the design elements create a feeling of home, which reaffirms Fiture’s mission of making fitness accessible to all. Of course, the top priority for the space is to get consumers in front of the product. Although Fiture lives in the “at-home fitness” space that emphasizes privacy and self-service, it is very hard to accurately convey the experience to consumers through digital channels alone. Through a modular layout, Fiture can immerse visitors into the brand story and, most importantly, guide them through specific product use cases. “There’s that juxtaposition of aligning the environment to the brand ethos, which is where you get the color and the high energy, but then there’s the intimacy of being able to demo the product like you’re working out in your own home,” Gonzalez noted. “That’s why we have those zones, where people can have their moment and engage with the equipment. We had to incorporate a lot of high-impact energy and demo stations in the space, so we had to be purposeful about every square foot, but we also didn’t want to sacrifice the opportunity for intimacy.” While many experiential store concepts emphasize dwell time and in-store engagement rates, Fiture is prioritizing KPIs that reflect individuals’ interaction with the product, such as lead generation, traffic-to-demo conversion, demo-to-lead generation and lead conversion-to-sales, according to Cruz. “We will also review the store’s total contribution to overall sales in the key markets it serves, matched with any uptrends in the overall brand awareness in the area. We will use this data to inform any adjustments in strategy, both short- and long-term, to ensure we continue to drive success for our brick-and-mortar strategy.” Advertisement
Fiture Frequently Asked Questions (FAQ)
When was Fiture founded?
Fiture was founded in 2019.
Where is Fiture's headquarters?
Fiture's headquarters is located at 9th Floor, Building E3-1, Area E, Tianfu Software Park, No. 1366, Middle Section of Tianfu Avenue, Chengdu.
What is Fiture's latest funding round?
Fiture's latest funding round is Series B.
How much did Fiture raise?
Fiture raised a total of $391M.
Who are the investors of Fiture?
Investors of Fiture include HongShan, Tencent, C Ventures, GSR Ventures, All-Stars Investment and 12 more.
Who are Fiture's competitors?
Competitors of Fiture include Keep and 4 more.
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Compare Fiture to Competitors
EGYM operates as a global fitness technology leader that provides intelligent workout solutions in the fitness and health industry. The company offers an inclusive suite of connected gym equipment and digital products that integrate seamlessly with third-party hardware and software, creating a fully connected training experience that drives measurable business and health outcomes. EGYM also delivers subscription-based corporate wellness solutions that combine gym access with fitness programs to improve employee health and productivity. It was founded in 2010 and is based in Denver, Colorado.
Hydrow is a company specializing in immersive indoor rowing machines designed for full-body workouts within the fitness industry. Their products offer interactive technology that simulates on-water rowing experiences, complemented by a variety of virtual workouts led by world-class athletes. Hydrow's offerings extend to on-the-mat exercises such as yoga and pilates, fostering a sense of community among users who engage with the brand's content. Hydrow was formerly known as True Rowing. It was founded in 2017 and is based in Boston, Massachusetts.
Tempo runs a company focusing on fitness and health technology. It offers an artificial intelligence (AI) powered home gym membership that uses three-dimensional (3D) sensors to provide real-time feedback, personalized workout guidance, and adaptable strength training plans based on the user's biometrics. The company primarily serves the fitness and health tech industry. Tempo was formerly known as Pivot Interactive. It was founded in 2015 and is based in San Francisco, California.
Altis is a company that focuses on fitness technology, specifically in the domain of artificial intelligence (AI) and computer vision. The company offers a personal training service that uses AI to provide customized exercise programs and real-time feedback on form and performance. This service is primarily targeted towards individuals seeking a personalized and interactive fitness experience at home. It was founded in 2019 and is based in Fort Lauderdale, Florida.
FightCamp focuses on providing at-home boxing and kickboxing workouts. The company offers a range of services including access to boxing and kickboxing workouts, performance-tracking technology, and studio-quality equipment designed for home use. It operates in the fitness and technology sectors. It was formerly known as Hykso. The company was founded in 2014 and is based in Costa Mesa, California.
Tonal is a company that specializes in smart home fitness equipment, revolutionizing the strength training and personal fitness industry. The company offers an all-in-one home gym system that uses machine learning and digital weight resistance to provide personalized workout programs and track performance metrics. Tonal's products are designed to cater to individuals seeking a comprehensive, tailored strength training experience at home. It was founded in 2015 and is based in San Francisco, California.
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