Speede Fitness oversubscribes seed round and signs NFL, NBA and UFC stars as equity holders
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Tuesday, May 3, 2022
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CHICAGO, May 3, 2022 /PRNewswire/ -- Speede Fitness, a Chicago-area strength training startup that is launching a revolutionary fitness machine in summer 2022, has announced that it has raised $2.5 million in funding in its seed round—oversubscribed from $2 million—and signed on new partners from the NFL, NBA, UFC and the business world.
Key Points:
- Speede Fitness, a Chicago startup, has oversubscribed its seed round and signed on NFL, NBA, and UFC partners.
- "When I first trained with Speede, I knew right away it was something different," said UFC fighter Michael Chandler, who has joined the company as an equity holder and brand ambassador.
- "Speede is intense, crazy and unbeatable," said Simmons, a two-time Pro Bowler who's entering his seventh season with the Broncos.
- In addition to pro athletes, Speede has also partnered with major players in the business and social media spaces.