3 min read

Money Moves

June 15, 2021

Every week, we track the investments, mergers, and acquisitions across fitness and wellness so you don’t have to. Here are this week’s top headlines.

  • Lyra Health, a provider of mental healthcare benefits for employers, added $200M in funding.
    More from Fitt Insider: 
    WFH Wellness
  • Cerebral, a digital platform for psychiatric and behavioral therapy services, raised $127M in Series B funding at a $1.23B valuation.
    More from Fitt Insider: Peak Burnout 
  • Fresha, a business management platform for beauty and wellness services, closed a $100M Series C round led by General Atlantic
  • Denmark-based Lenus, a platform helping online fitness instructors build their businesses, landed a €50M Series A investment by EQT Ventures.
    More from Fitt Insider: Arming the Rebels
  • Cure.fit acquired TREAD, a Bengaluru, India-based connected fitness startup. Terms were not disclosed. Last fall, TREAD raised $1.1M in seed funding.
  • Smart mattress maker Eight Sleep announced new funding from a variety of athletes, celebrities, and entrepreneurs, including Alex Rodriguez and Kevin Hart.
    On the pod: Eight Sleep CEO Matteo Franceschetti
  • The Pill Club, an online prescription and delivery service for birth control, raised $41.9M in fresh capital.
  • UpLift, a platform to find in-network therapists, emerged from stealth with $3.1M in funding from Redesign Health.
  • Framework, a platform for wellness businesses to set up virtual communities, raised $3M in seed funding led by True Ventures.
  • Poppy Seed Health, a telehealth app for pregnant and postpartum women, raised $1.6M in pre-seed funding led by Seven Seven Six.
    More from Fitt Insider: Femtech 2.0
  • Faculty, a men’s makeup and grooming brand, landed $3M in seed funding led by Estée Lauder.
    More from Fitt Insider: 
    The New Wave of Men’s Wellness 
  • Terra, a Y Combinator-backed startup building an API for fitness and health data, closed a $2.8M funding round with participation from General Catalyst, Samsung Next, and NEXT VENTŪRES.
  • Berlin-based mental fitness startup Flow Lab raised a €1M ($1.2M) investment round led by IBB Ventures.
  • Hard kombucha brewer JuneShine closed a Series A funding round with participation from musical artist DiploOutdoor Voices founder Ty Haney, and RXBAR/Litani Ventures founder Peter Rahal.
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