CoPilot

CoPilot

fitness coaching and personal trainer-pairing.

HQ location
Pittsburgh, United States
Launch date
Employees
Enterprise value
$26—39m
  • Edit
Get premium to view all results
DateInvestorsAmountRound
-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 Funding000k

Financials

Estimates*

Get premium to view all results
Edit
Revenues, earnings & profits over time
USD2020202120222023
Revenues0000000000000000
% growth-243 %192 %97 %
EBITDA0000000000000000
Profit0000000000000000
EV0000000000000000
EV / revenue00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x
R&D budget0000000000000000

Source: Dealroom estimates

Notes (0)
More about CoPilot
Made with AI
Edit

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

Analytics
Unlock the full power of analytics with a premium account
Track company size and historic growth
Track team composition and strength
Track website visits and app downloads