at-home fitness
CEO Katie Reed said the startup will use the funding to hire more trainers and add to its content offerings.
Balanced CEO Katie Reed said general virtual fitness platforms may not take seniors’ needs into account, and options geared toward older adults can be too clinical.
Each of the new workout programs features classes that average about 10 minutes in total that focus on the specific health needs of that group.
Like others in the space, the 43-year-old owner of the NordicTrack, Freemotion, ProForm and iFit brands has seen revenues rise amidst social distancing.
As part of the deal, Northwest Capital's Edward Yip and General Catalyst's Holly Maloney are joining Tempo's board.
The service will be launching for consumers this fall.