SkillYoga UG

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SkillYoga UG - overview

Established

2018

Location

Berlin, -, Germany

Primary Industry

Internet

About

SkillYoga UG is a digital platform offering personalized yoga workouts and training plans tailored to individual goals, enhancing fitness through an AI-powered Movement Coach that provides real-time feedback on poses. SkillYoga UG, founded in 2018 in Berlin, Germany, specializes in providing personalized yoga training solutions. The company has engaged in two significant funding deals, with the most recent deal occurring on December 18, 2020. It was founded by Timko Linssen, who has a background in entrepreneurship but no other company information is available.


Skill Yoga offers a digital platform that specializes in personalized yoga workouts and training plans tailored to individual goals, sports, and experience levels. Central to their offerings is an AI-powered Movement Coach that provides real-time corrective feedback on users' poses, enhancing the overall training experience and promoting proper technique. The app is designed for athletic individuals seeking to improve their strength, mobility, and mindfulness through functional yoga practices. Skill Yoga targets diverse geographical markets, emphasizing user engagement across regions with a growing interest in health and fitness, including North America, Europe, and parts of Asia.


The platform appeals to a wide customer base, including fitness enthusiasts, amateur athletes, and those looking to incorporate yoga into their daily routines. Skill Yoga generates revenue through a subscription-based model, providing users with access to its extensive library of personalized training plans and real-time coaching features. Users typically subscribe to different pricing tiers that grant varying levels of access to the app's functionalities, ensuring that clients can choose a plan that best fits their individual needs. The company’s flagship product, the Skill Coach, is integral to this transactional framework, allowing customers to sign up for personalized yoga programs.


Revenue is primarily derived from direct-to-consumer sales, with potential for future partnerships that could expand its reach into corporate wellness programs or fitness facilities. The structured pricing plans accommodate a range of users, promoting accessibility while maintaining a commitment to quality digital coaching. In December 2020, SkillYoga UG raised an undisclosed amount of venture debt financing from investors including Digital Invest, IBB Ventures, Joyance Partners, and leAD Sports. The funding is expected to support upcoming product launches and expansion into new geographic markets, with a focus on enhancing the platform's features and user experience.


The company aims to target additional regions in Europe and Asia by the end of 2023, potentially increasing its user base and market presence.


Current Investors

VC Fonds Kreativwirtschaft Berlin, IBB Ventures, Digital Invest

Primary Industry

Internet

Sub Industries

Fitness & Wellness Facilities, Web Applications

Website

www.skill-yoga.com

Total Amount Raised

Subscriber access only

SkillYoga UG - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Venture DebtCompletedSkillYoga UG -
Unspecified RoundCompletedSkillYoga UG -

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