Speede Fitness Raised $2.5M in Seed Funding

DesignedThe following are the recommendations for elite athletes: Speede ChallengerFour training modes available with resistance up to 2,000 lbs

Speede Fitness, Chicago-area strength training startup, raised $2.5m inSeed funding

BackersIncluded UFC fighters Michael Chandler, Justin Fields, Cole Kmet and Jaylon Johnson from the Chicago Bears, Justin Simmons from the Denver Broncos, Marquez Valdes-Scantlingfrom the Kansas City Chiefs,And Mason Plumlee from the Charlotte Hornets.

Michael Chandler, Justin Fields, Cole Kmet, Jaylon Johnson, Justin Simmons, Marquez Valdes-Scantling, Mason Plumlee, David Meltzer, Ed Mylett,

The company intends to use the funds to prepares for summer product launch.

The company has signed on new partnersFrom the NFL, NBA, UFC andThe business world. 

Led by Dan Mooney, Speede provides the Speede Challenger, a connected fitness machine that combines isotonic, isokinetic, max eccentric training for an intense, efficient workout that leads to faster strength gains.

InAside from professional athletes, SpeedeIt has also partnered up with major players inThe business and social media. David Meltzer—an entrepreneur, speaker and podcaster who previously served as CEO of the Leigh Steinberg Sports & Entertainment agency—is now the lead investor for the next round. FellowEntrepreneur and speaker Ed MylettAlso, an equity holder inThe business.

FinSMEs

05/05/2022

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