Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more

The Funderbeam Blog

Articles, interviews, case studies announcements and more.
Welcome to The Funderbeam Blog.

January 4, 2022

FitSphere – New Investment Opportunity

FitSphere is a Health and Fitness app based in Estonia, established in 2020.

The company’s ambition is to revolutionise the motivation business. That’s why they developed a physical activity rewarding application – FitSphere.

FitSphere connects users with their favourite brands and rewards them based on their step count. Companies are willing to give out free sample products and exclusive offers, because FitSphere works as a high engagement marketing platform – a place where people are intentionally coming to see and purchase what they have to offer.

Five months after the launch of the application in the Estonian market, FitSphere gained over 15,000 installs and signed contracts with over 130 business-to-business (B2B) partners.

Use of Capital

FitSphere aim’s to raise between €230,000 and €600,000 with Funderbeam, to achieve the following goals:

  • Further develop the application by launching features which lift the gaming element and provide in-app socialisation
  • Improve the effectiveness for current and future B2B partners – improving the desirability and efficiency of the app
  • Enter the Swedish market to scale the business and learn how to remain competitive in the market
  • Modify the app to offer workplace wellness solutions – as requested from current partners – allowing entry into the fast-growing employee wellness market, which is growing at a compound annual growth rate (CAGR) of 5.9% from 2020 to 2027

Click here to find out more about the FitSphere investment opportunity

To learn more about investing with Funderbeam click here

*Capital at Risk

Read Next
The information about the investment opportunities profiled on this website is provided for general information and marketing purposes only and should not be considered an invitation or inducement to engage in any investment activity. Complete and comprehensive information about an investment opportunity is only available to investors who have been approved by a Funderbeam group entity

You should ensure you carefully read the Risk Disclosure Statement before deciding to proceed with any investment or transaction, including making a purchase of securities via the Marketplace. Funderbeam has taken steps to ensure that company and securities offering information is clear, fair and not misleading in accordance with its internal verification procedures. Funderbeam does not provide investment advice or any recommendation to invest. Any investment opportunity on this website should not be considered as an offer to the public and is not directed at or offered to anyone to whom it may not be so directed or offered, or located in a jurisdiction where it is unlawful to do so.

This page provides you with an overview of the services provided by different entities belonging to Funderbeam Group. In this page, we generally refer to the group as “Funderbeam”, “we”, “us” or “our”.

It is important to note that funds are raised, investments are made and trade orders are placed through three service provider entities: Funderbeam Markets AS (FBAS) (authorised and regulated by the Estonian Financial Supervision Authority under permit 4.1-1/212), Funderbeam Markets Limited (FML (authorised and regulated by the UK Financial Conduct Authority under FRN 794918), and (for trade orders only) Funderbeam Markets Pte. Ltd., (FB Pte). FBAS and FML are MIFID investment firms.

A Funderbeam client (whether investor or company) is a client of the service provider and under the protection of the requirements of the regulator under which that service provider operates: An EEA client’s service provider is FBAS, a UK/ non-EEA/ non-Singapore client’s service provider is FML, and a Singapore client’s service provider is FB Pte.

The Marketplace is operated as an organised market by Funderbeam Markets Pte. Ltd., in Singapore as a Recognised Market Operator (RMO) under the supervision of the Monetary Authority of Singapore. FBAS and FML are Trading Members of the RMO’s Marketplace. Access to the Marketplace for EEA and non-EEA clients is only provided by and through such clients’ service provider (ie FBAS or FML). The Marketplace does not provide services directly to investors outside Singapore.

With respect to any securities or investments offered by a US domiciled Fundraising Company, by visiting this site you confirm you are not a US resident or US person (as defined in Regulation S of the U.S. Securities Act of 1933) and you understand and agree that you are not acquiring any Investments for the account or benefit of any such US resident or US person. No investment opportunity in a US domiciled Fundraising Company is directed at US persons.