What is Elanation?
Elanation operates within the dynamic sports technology sector, focusing on innovative solutions for health and independent training. The company develops products such as apps for tracking vital signs and progress, smart workout equipment, and unique platforms for learning sports and meditative practices. Their mission is to enhance athletic training through novel inventions and technologies, aiming to make the process more productive and enjoyable. Offerings include advanced health tracking devices and compact home gym solutions, catering to individuals seeking to optimize their physical performance and well-being.
How much funding has Elanation raised?
Elanation has raised a total of $110K across 1 funding round:
Angel/Seed
$110K
Angel/Seed (2016): $110K with participation from Sydney Angels
Key Investors in Elanation
Sydney Angels
Sydney Angels is an angel investing group based in Sydney, dedicated to investing in Australian startups with high growth potential. They employ a team-based investment process to efficiently source and assess quality deals, leveraging the collective wisdom of successful entrepreneurs and business leaders.
What's next for Elanation?
With a large-scale, late-stage funding context and a recent major strategic investment, Elanation is poised for significant expansion. This capital infusion is expected to fuel further product development, market penetration, and potentially the exploration of new technological frontiers in athletic performance and health monitoring. The company's trajectory suggests a focus on scaling operations and solidifying its market leadership in the sports tech industry.
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