Katalyst: Raises $26M in Series A Funding

Katalyst Raises $26M in Series A Funding

  • Katalyst, a Las Vegas, NV-based health and fitness company, raised $26M in Series A funding
  • The round was led by Stripes, with participation from Incisive Ventures, Unlock Venture Partners, Robert Nelsen, Cindy Crawford, and Rande Gerber
  • The company intends to use the funds to scale production, develop the brand, and grow the team
  • The company leverages technology to bring EMS (Electro Muscle Stimulation)-specific training to an at-home format and deliver a two-hour workout in 20 minutes, directly activating up to 90% of muscle fibers
  • The company has shipped more than 1,200 units as part of its Early Access program to fans who range from professional athletes and physicians to celebrities such as Bradley Cooper and Cindy Crawford
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

US Regional Banks Build Tokenized Deposit Network to Enhance Innovation

New collaboration aims to increase efficiency and client engagement.Highlights: US regional banks initiate a tokenized deposit network.Innovation focuses...

New Banking License in Latvia Could Boost Market Entrants

Latvia introduces banking license to encourage competition in the financial sector.Highlights: Latvia's new banking license aims to increase...

Citi Forms AI-Focused Infrastructure Banking Team and Makes First Investment in Japan

Citi aims to enhance its infrastructure banking presence with AI-driven strategies.Highlights: Citi has launched an AI-focused infrastructure banking...

Citi Strengthens AI Infrastructure Banking Team with Investment in Japan

Citi aims to enhance its AI capabilities through strategic team formation and investment.Highlights: Citi forms a new AI-focused...