Swimtraxx

Swimtraxx sells the smartest swim specific heart rate tracker to swimmers, triathletes and their coaches to help them improve their swims through valuable, live and accurate insights

Basic details

Amount raising

€2,000,000

Country

Belgium

Industry

Sports, Hardware, AI/ML

Website

https://www.swimtraxx.com

Founders

Last updated:

October 9, 2023

Key Achievements

We've bootstrapped a hardware + software sportstech startup into the market, are present in 15+ countries, and only now are we raising our first round to scale up our already impressive traction.
As a startup, we bootstrapped through Covid: closed pools, chip shortage and overall strains didn't stop us from posting a profit in 2022 and getting featured as one of the best Swim Products at the Global Triathlon awards.

Premium Details Available

Monthly Revenue
Growth rate (month over month)
Contextual explanation on monthly revenues
Number of paying customers
Number of active users
Percentage of company owned by founders
Amount raised in the past
Is there a lead investor?
Amount in this round already committed
When aiming to close this round?

Percentage of their time founders are spending on this.
Is there a founder with previous c-level or founder experience?
Is there a founder with exit experience?
Is there a founder with previous sector experience?
Is there a women founder with at least 5% in the team?
Year founded

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Premium Details

(Data is self reported)

Monthly Revenue

€20K - €40K

Growth rate month over month

4-8%

Monthly revenue context

Number of paying customers

200

Monthly active users

How much have you raised in the past?

1MEUR non-dilutive

Do you have a lead investor?

How much of this round already committed?

When are you aiming to close this round?

Patent status

Year founded

2018

How much time do the founders spend on the business?

100%

Is there a founder with previous co-founder / c-level at startup experience?

Is there a founder with previous Sector Experience?

Yes

Is there a founder with previous Exit Experience?

What percentage of company is owned by founders?

100% owned by founders

Is there a women founder with at least 5% of the shares?

Is there a founder with a EUR / Erasmus MC or TUDelft relation?

Graduation year from EUR, Erasmus MC or TUDelft

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