
CoPilot
fitness coaching and personal trainer-pairing.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
investor | €0.0 | round | |
investor investor investor investor investor | €0.0 | round | |
investor investor investor investor investor investor | €0.0 | round | |
* | $6.5m | Series A | |
Total Funding | 000k |
USD | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 |
% growth | - | 243 % | 192 % | 97 % |
EBITDA | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
Related Content
CoPilot, operating under the brand name Trainwell, has established itself as a personalized fitness coaching platform since its inception in 2016 by co-founders Matt Spettel and Gabe Madonna. The company's genesis is rooted in Spettel's personal experience with weight loss and fitness, which highlighted the need for accessible, one-on-one coaching—a service traditionally priced as a luxury. This insight drove the development of a platform designed to make customized fitness guidance more affordable and widely available.
The company's core offering is a remote personal training service that pairs clients with a dedicated fitness coach. This model targets individuals seeking a structured and accountable approach to their fitness journey, moving beyond generic, pre-recorded workout applications. The service leverages human interaction, with coaches providing tailored workout plans, nutritional guidance, and consistent support through the platform's app. This high-touch, human-centric approach is a key differentiator in the crowded digital fitness market, which often relies on algorithm-based recommendations.
Trainwell's revenue model is subscription-based, with clients paying a recurring fee for ongoing access to their personal coach and the platform's tools. The service integrates with wearables like the Apple Watch to provide coaches with real-time data on a client's activity and progress, allowing for dynamic adjustments to their fitness plans. Significant milestones for the company include a successful rebranding from CoPilot to Trainwell and securing substantial venture capital funding. A Series A funding round in 2021, led by General Catalyst, raised $10 million, which followed a $6 million seed round, bringing total funding to $16 million. This capital has been instrumental in scaling the platform and expanding its reach.
The founders' backgrounds are integral to the company's trajectory. Matt Spettel, the CEO, brings a technical foundation with a background in computer science, which has been pivotal in developing the platform's technology. Co-founder Gabe Madonna complements this with his own expertise, creating a leadership team equipped to navigate both the technological and business aspects of the health and wellness industry. Their shared vision is to fundamentally change how people engage with their long-term health, making expert guidance a staple rather than a luxury.
Keywords: personal fitness coaching, remote training, subscription fitness, health and wellness, venture capital, human-in-the-loop, digital health, fitness app, personalized wellness, wearable integration