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Fitness app FitOn raises $40M, acquires corporate wellness platform Peerfit

TechCrunch

Digital fitness and wellness company FitOn has raised $40 million in Series C funding led by Delta-v Capital, the company announced on Tuesday. FitOn is also expanding its reach in wellness by acquiring Tampa-based corporate wellness platform Peerfit. Peerfit founder Ed Buckley will stay on in his current role as CEO.

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Daily Crunch: India’s Central Bank says cryptocurrency ‘may even be worse’ than Ponzi schemes

TechCrunch

Startups/VC. What’s a startup really worth ? Data from PitchBook indicates that 2021 turbocharged the pace at which startups raised capital, yes, but also pushed the prices paid for startup shares to the stratosphere. FitOn raises $40M, acquires Peerfit : I love a startup deal, so was excited to dive into this one.

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PideDirecto bags $5.25M; aims to be ‘Shopify with 30-minute deliveries’

TechCrunch

After going their separate ways for a bit, they met up in Mexico and launched a corporate wellness program in 2018 that connected people with restaurants to order lunch or snacks. VCs say there are more startup opportunities to chase in Latin America. Today, the company announced an oversubscribed $5.25