Sphery AG
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Sphery AG - overview
Established
2018
Location
Sankt Gallen, -, Switzerland
Primary Industry
Software
About
Sphery AG develops innovative fitness solutions that leverage technology to create engaging, research-backed training experiences, focusing on enhancing physical fitness through unique product offerings and immersive workouts. Sphery AG is focused on providing technology-enhanced fitness solutions that integrate interactive gaming elements into workout routines. Founded in 2018, it is headquartered in Sankt Gallen, Switzerland. The founders include Anna Martin-Niedecken, Helko Roth, Marc Delort, and Stephan Niedecken, with Anna Martin-Niedecken currently serving as CEO.
In May 2018, Sphery AG raised seed funding from unspecified investors. Sphery offers innovative fitness solutions that integrate advanced technology to create immersive, research-driven training experiences. Their core product, the ExerCube, provides a cooperative circuit workout designed to enhance strength, endurance, coordination, and mental focus through game-based fitness. This versatile equipment is suitable for various environments, including gyms, rehabilitation centers, and training facilities, making it accessible to a broad audience.
Sphery serves a diverse clientele, ranging from individual fitness enthusiasts to elite athletes and rehabilitation patients, across geographical markets such as Germany, Switzerland, and potentially other European regions. The company emphasizes a holistic approach by combining design, performance, and user-friendly software, ensuring that their offerings cater to users at every fitness level. Sphery's revenue model is centered around B2B transactions, providing their cutting-edge fitness products and services to gyms, rehabilitation centers, and training facilities. The company engages in partnerships that allow clients to utilize Sphery's technology, likely involving subscription-based services for ongoing access to updates and training programs.
Transactions may include direct sales of their flagship product, the ExerCube, as well as potential licensing agreements with fitness centers that wish to implement their technology. Specific pricing plans and transaction structures are tailored to meet the needs of their clients, facilitating a streamlined integration of Sphery's innovative fitness solutions into various training environments. This strategic focus on partnerships and direct sales positions Sphery to effectively expand its market presence and enhance revenue growth. Sphery AG plans to utilize its latest funding from May 2018 to expand its product line and market presence.
The company is focusing on developing new product iterations and enhancements for the ExerCube, aiming for a release in late 2023. Additionally, Sphery is targeting expansion into new European markets, including Austria and France, by 2024, to capitalize on growing demand for integrated fitness solutions.
Primary Industry
Software
Sub Industries
Fitness & Wellness Facilities, Gaming
Website
www.sphery.ch
Verticals
Virtual Reality (VR)
Company Stage
Angel & Seed
Total Amount Raised
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