JHU-backed fitness platform operator BurnAlong obtained the cash from investors including Brown Advisory to take its total to $4.7m.
BurnAlong, a US-based health and fitness platform operator backed by Johns Hopkins University (JHU), has secured $1.3m in seed funding from backers including Brown Advisory, Technical.ly has reported.
Macks Managed Investments and angel investor Sid Stolz also participated in the round.
Founded in 2016, BurnAlong offers health and fitness classes via its online platform through video calls with affiliated fitness instructors.
BurnAlong uses machine learning to tailor recommendations ranging from high-intensity workouts to meditation, and is currently rolling out sessions for health-related concerns such as nutrition, finance and chronic conditions.
The seed funding will enable it to target growth in the US and internationally, with an emphasis on entering the corporate wellness and healthcare spaces. BurnAlong also expects to relocate to larger offices and expand its headcount.
Josh Fidler, founding partner of Boulder Ventures, will join the company’s board of directors, together with Pernille Spiers-Lopez, former president of furniture and domestic product retailer Ikea’s North America division.
BurnAlong has received $4.7m of funding in all, according to regulatory filings and media reports.
The business last raised $1.2m in a September 2018 round featuring unnamed investors, according to a filing, after receiving $1m seven months earlier from JHU, Brown Advisory, Machem Capital and Baltimore Angels.
BurnAlong had previously secured $25,000 from JHU’s M-1 Venture accelerator and the program’s VC firm partner Village Capital in 2017.
