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DEFIT logo — Move-to-Earn // Making physical activity fun, appealing and...

DEFIT

Move-to-Earn // Making physical activity fun, appealing and rewarding

Founded 2021 Singapore Singapore 23 employees Pre-Seed Total: $300.00K Blockchain, Mobile +2

General Information

Company Name DEFIT
Founded Year 2021
Location Singapore Singapore
Employees 23
Industries Blockchain, Mobile, Sports +1
Funding Stage Pre-Seed
Social

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About DEFIT

DEFIT is a Web3 startup founded in 2021 and headquartered in Singapore. The company's slogan, "Move-to-Earn \/\/ Making physical activity fun, appealing and rewarding," underpins its mission to tackle the significant economic and health impact of physical inactivity. With the cost of physical inactivity projected to reach $300B worldwide and 500M people at risk of developing cardiovascular diseases within the decade, DEFIT's aim is to address this global issue through its innovative approach. DEFIT's solution is a leading Web3 lifestyle app that gamifies and rewards individuals for their physical activities. The app is compatible with all fitness wearables and offers an integrated mobile tracker. The ultimate goal is to motivate 1B people to engage in 30 minutes of physical activity daily. The company recently secured a $300.00K Pre Seed Round investment on 20 March 2021, signaling early investor confidence in DEFIT's novel approach. While details about the specific investors in this round are not available, the investment demonstrates initial support for the company's vision and potential impact. Overall, DEFIT's innovative approach to incentivizing physical activity through Web3 technology holds promise for addressing the widespread issue of physical inactivity. In an increasingly health-conscious world, the startup's focus on making exercise engaging and rewarding aligns with evolving consumer preferences and presents an intriguing investment opportunity for venture capitalists.

Taxonomy: web3, lifestyle app, fitness wearables, mobile tracker, gamification, fittech, NFT, physical activity, rewarding, health, cardiovascular diseases, sport activities, motivation, innovation

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Pre Seed Round $300.00K -
20 Mar 2021

DEFIT Alternatives & Competitors

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DEFIT vs
TROOPR
TROOPR Sweden

Increase your team's productivity and wellbeing by promoting physical activity at your workspace.

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1 employees
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DEFIT vs
Walken.io
Walken.io

World's first free2play blockchain game that aims to onboard millions to DeFi & Web3 while rewarding...

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DEFIT vs
Rooners
Rooners Turkey

All the motivation you need. #challengetheworld

2 employees
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FAQ About DEFIT

Move-to-Earn // Making physical activity fun, appealing and rewarding
DEFIT was founded in 2021.
DEFIT is headquartered in Singapore.
DEFIT operates in Blockchain, Mobile, Sports and Web3. Its work centres on web3, lifestyle app, fitness wearables and mobile tracker.
DEFIT has approximately 23 employees.
DEFIT has completed 1 funding round, raising a total of $300.00K. The latest funding stage is Pre-Seed.
Top alternatives and competitors to DEFIT include TROOPR, Walken.io, Rooners, Viva la Vita, NovaX. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
DEFIT and TROOPR are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for DEFIT, https://bouncewatch.com/company/defit, updated 27 October 2024. When citing, please name BounceWatch and link this page.

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