Songge Youmen Daxia
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Songge Youmen Daxia - overview
Established
2015
Location
Shenzhen, Guangdong, China
Primary Industry
Travel & Leisure
About
Songge Youmen Daxia is a prominent fitness technology company focusing on innovative solutions that enhance workout efficiency and user engagement through advanced digital applications and wearable devices. Founded in 2015 in Shenzhen, China, Songge Youmen Daxia specializes in developing fitness technology solutions. The company underwent a pivotal funding round in August 2017, securing a Series A investment led by Tiantu Capital, with participation from Zhizhuo Capital. The founder, Song Xu, has a background in the tech industry, contributing to the company's direction and innovation.
SGYM DX specializes in the development and provision of advanced fitness technology solutions aimed at enhancing workout efficiency and user experience. The company’s flagship offerings include a suite of digital fitness applications and wearable devices designed to track and optimize physical performance. These products utilize sophisticated algorithms to analyze user data, providing personalized workout recommendations and health insights. Primarily targeting fitness enthusiasts, personal trainers, and health clubs, SGYM DX's products are engineered to address common challenges in fitness regimes, such as motivation, data tracking, and performance improvement.
The company’s solutions are marketed in diverse geographical regions, including North America, Europe, and Asia, catering to a global client base that spans individual consumers and fitness institutions. SGYM DX generates revenue primarily through a subscription-based model for its digital fitness applications, alongside the direct sale of its wearable devices. Clients typically engage with the company by subscribing to its fitness app services, which offer tiered pricing plans based on features and user requirements. For instance, the premium subscription may include advanced analytics and personalized coaching, while a basic plan covers standard fitness tracking functionalities.
Additionally, the company may leverage partnerships with fitness centers and retailers to reach a broader audience, enhancing visibility and accessibility of its products. These collaborations could facilitate the sale of SGYM DX's devices directly to consumers through targeted promotions within partner facilities, bolstering the company's market presence and revenue streams. SGYM DX is strategically focusing on developing new products aimed at enhancing user experience and functionality in fitness technology. The company plans to expand its market presence in the Asian and European regions by 2025.
The recent Series A funding round in August 2017 will be utilized to support these initiatives, facilitating product development and marketing efforts to increase brand visibility and accessibility.
Current Investors
Tiantu Capital, Zhizhuo Capital
Primary Industry
Travel & Leisure
Sub Industries
Restaurants & Nightlife, Fishing & Seafood
Website
www.sgymdx.com
Verticals
Mobile Apps
Company Stage
Series A
Total Amount Raised
Subscriber access only
Songge Youmen Daxia - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series A | Completed | Songge Youmen Daxia | - |
Displaying 1 - 1 of 1

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.