How Much Did BurnAlong Raise?
Funding & Key Investors

BurnAlong, a health and wellness video and social motivation platform, has secured significant enterprise-level funding, with its total funding reaching $5.8M. The company recently announced a major strategic investment of $4M, underscoring its growth trajectory and market position in the digital health and wellness sector. This latest capital infusion is expected to fuel further expansion and enhance its service offerings.

What is BurnAlong?

BurnAlong
Media & InternetBroadcastingFitness & Dance Facilities

Founded in 2016 and based in Maryland, BurnAlong provides a comprehensive health and wellness solution designed to help individuals achieve their fitness and well-being goals, irrespective of their location or life stage. The platform features thousands of live and on-demand classes, group activities, goal-setting challenges, and health tracking tools. BurnAlong's unique approach combines video content with social motivation, aiming to make wellness accessible and engaging for a global audience.

How much funding has BurnAlong raised?

BurnAlong has raised a total of $5.8M across 4 funding rounds:

2016

Debt

$600K

2018

Unspecified

$1M

2020

Debt

$150K

Other Financing Round

$4M

Debt (2016): $600K, investors not publicly disclosed

Unspecified (2018): $1M led by Brown Advisory, Johns Hopkins University, Baltimore Angels, and Machem Capital

Debt (2020): $150K supported by PPP

Other Financing Round (2020): $4M featuring CR2 Ventures and DM Wellness

Key Investors in BurnAlong

Brown Advisory

Brown Advisory is an independent investment management and strategic advisory firm known for its client-first philosophy and research-driven approach to capital allocation, managing over $150 billion in assets.

Johns Hopkins University

Johns Hopkins University is a private research university in Baltimore, Maryland, founded in 1876 and named after its first benefactor, Johns Hopkins.

Baltimore Angels

Baltimore Angels focuses on impactful investments in early-stage innovators, providing angel capital and mentorship to enhance the regional entrepreneurial ecosystem.

What's next for BurnAlong?

The recent major strategic investment signals BurnAlong's transition into a scaling phase, likely focusing on expanding its content library, enhancing its social features, and broadening its market reach. This capital will be instrumental in solidifying its position against competitors by investing in technology, user acquisition, and strategic partnerships. The company's focus on holistic wellness and community-driven motivation positions it for sustained growth in the rapidly evolving digital health landscape.

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Frequently Asked Questions Regarding BurnAlong Financial Insights

What are the most recent funding rounds that BurnAlong has completed, and what were the funding rounds?
BurnAlong has recently completed 3 funding rounds: Other Financing Round on May 11, 2020, Debt on Apr 16, 2020, Unspecified on Feb 7, 2018.
What is the total amount of funding BurnAlong has raised to date?
BurnAlong has raised a total of $5.8M in funding to date.
How many funding rounds has BurnAlong completed?
BurnAlong has completed 3 funding rounds.
How much funding did BurnAlong raise in its most recent funding round?
BurnAlong raised $4M in its most recent funding round.
Who are the lead investors in BurnAlong's latest funding round?
The lead investor in BurnAlong's latest funding round was CR2 Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in BurnAlong's history?
The largest funding round in BurnAlong's history was $4M.
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