PushPress Secures $11M in Series A Funding Led by Altos Ventures
CLAYMONT, Del., August 18, 2022 /PRNewswire/ — PushPress, Inc., a pioneering fitness studio management software company, announced that it has successfully raised $11 million in a Series A funding led by Altos Ventures, with participation from Mucker Capital.
Founded in 2013, PushPress is on a mission to make gym management the easiest part of running a fitness business through innovative integrations and key products like Core, Grow, and Train. Built on a “help first” philosophy, PushPress places exceptional emphasis on prioritizing customer needs, listening to feedback, and using it as the impetus for new and innovative products.
The team is comprised of software professionals who have recognized a significant gap in the software market and opened up fitness businesses to better understand the landscape.
The Series A funding will allow PushPress to improve its ability to solve customer problems, in what company founder, Dan Uyemura now refers to “help first, bigger and faster”. This business-critical step means PushPress can improve customer education and ultimately help them run better fitness businesses.
“These funds will allow us to invest a huge amount of money to help our customers,” Uyemura said. “It gives us the opportunity to continue making better products, faster and more consistently.”
Specifically, PushPress will focus on improving automated prospect engagement with PushPress Grow, increasing community management with PushPress Core, expanding training tracking and delivery with PushPress Train, and the developing integrations with other leading apps to help fitness business owners access the best solutions in the industry.
PushPress is also excited to continue development of its artificial intelligence product, Pressly™️, which it announced in March at the company’s PowerUp event. Pressly™️ will help fitness businesses access and leverage powerful data, as well as automate many actionable tasks to drive businesses to greater success.
Uyemura believes the foundations are solid and the future is full of potential.
“This funding is a testament to PushPress’ incredible team and world-class products,” Uyemura added. “Despite this challenging economic environment, where others are reducing investment, we are able to double our investment to benefit our customers and further enhance the future of fitness business ownership. I am grateful to Altos for understanding and supporting our vision.”
“With a genuine founding story and deep empathy for their customers, Dan and the PushPress team have created the best gym management software solution that empowers gym owners to run their business better,” said TaeYoun, partner at Altos Ventures. “We’re thrilled to support PushPress to elevate gym owners and the entire fitness industry.”
Mucker Capital Co-founder and partner, William Hsu added, “When we first reviewed PushPress, the passion they had for their customers really stood out. SME software space.”
For more information on the innovative ways PushPress advances its products and services, contact [email protected].
Founded in 2013, PushPress is a next-generation fitness management platform that helps fitness business owners systematize, automate, and grow their businesses. PushPress has stayed true to its mission of being a champion for the fitness business owner, even before it went mainstream. With over 50 years of collective gym ownership on the team, PushPress understands the customers and the space they serve.
About Altos Ventures
Founded in 1996, Altos Ventures is a Silicon Valley-based technology investment firm. Through patient and pragmatic investments, Altos partners with early-stage and growth-stage technology companies operating in the consumer and enterprise sectors, with the goal of building businesses that are sustainable and scalable over decades. As a Registered Investment Adviser (RIA) with the SEC, Altos has a unique, flexible, long-term and focused approach to venture capital, supporting the full lifecycle of businesses from inception to growth and global profitability. Altos has supported nearly 200 companies around the world during its quarter century of history. For more information, please see www.altos.vc.
About Mucker Capital
Founded in Santa Monica, California in 2011, Mucker Capital provides pre-seed, seed and Series A capital and support to startups in Southern California and in other equally underfunded ecosystems outside of Silicon Valley.
Contact: [email protected]
SOURCE PushPress, Inc.