Coopah Secures £1.5 Million Funding to Revolutionize Running
Deal News | Nov 13, 2024 | Active Partners
Coopah, a run coaching app created in 2022, recently secured a £1.5 million seed funding round. The funding was led by Redrice Ventures and Active Partners, with additional investments from London Marathon Events, Amrock Ventures, Tom Singh from Rianta Capital, pro athlete investor Alistair Brownlee MBE, and agent Ricky Simms. Coopah was established to help people overcome mental and physical challenges through running, offering personalized training plans supported by AI and community motivation. The capital injection will be used to enhance Coopah's product features, scale marketing, and further embed its community-driven philosophy in the running world. New CMO, Gareth Nettleton, who formerly led global marketing at Strava, is set to bolster Coopah's mission to become a leading player in encouraging global running participation.
Sectors
- Fitness Technology
- Venture Capital
Geography
- United Kingdom – Coopah and several key participants like London Marathon Events are based in the UK, indicating a primary geographical focus.
Industry
- Fitness Technology – Coopah operates within the fitness technology industry, leveraging AI and digital platforms to offer personalized running coaching.
- Venture Capital – This industry includes the investment firms involved in funding startups and growth companies like Coopah.
Financials
- £1.5 million – The amount raised in Coopah's seed funding round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Coopah | Target Company | Company | A run coaching app that offers AI-powered training plans and community support. |
| Active Partners | Investor | Company | A private equity firm that led the £1.5 million funding round. |
| Redrice Ventures | Investor | Company | A venture capital firm co-leading Coopah's funding round. |
| London Marathon Events | Investor and Partner | Company | An organizer of major UK races and an investor in Coopah. |
| Amrock Ventures | Investor | Company | A venture capital firm participating in Coopah's funding round. |
| Tom Singh (Rianta Capital) | Investor | Person | Investor involved in funding Coopah. |
| Alistair Brownlee MBE | Investor | Person | A pro athlete and investor participating in the funding round. |
| Ricky Simms | Investor | Person | Athletics super agent involved as an investor in Coopah. |
| Gareth Nettleton | Chief Marketing Officer | Person | Former Strava executive now CMO at Coopah. |