ZiYou raised its first investment of $ 3.9M in a funding round led by Bertha Capital.
ZiYou’s is an app focused on enabling its users to engage in training and stay active at their preferred time, location, and mode. ZiYou offers a subscription platform for exclusive content and sports equipment, including treadmills, spinning bikes, ellipticals, paddles, weight training stations, etc.
ZiYou will use the funds raised to expedite national expansion, introduce new products, and enlarge its workforce.
“We will create an even more intelligent expansion model to ensure that our subscription model integrated with technology and data achieves nationwide coverage sustainably. It will involve establishing physical stores in key Brazilian cities. Additionally, we have collaborated with the Multi Group to explore options for domesticating our proprietary technology’s production and development. We will achieve this by basing our structure in Manaus to create more job opportunities and strengthen our economy,” said Marcio Kumruian, ZiYou’s CEO and founder.
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