Altis announced it had secured over $3 million in financing bringing its total financing to date to $10.5 million, with additional investments from Mike Capps, former head of Epic Games; Bill Flynn, former CEO of Amtrak; and U.S. Olympians JR Celski and Georganne Moline.
After announcing its partnership with Hyatt Hotels and its debut at CES earlier this year, Altis has also finalized agreements with LA Fitness, which operates 740 health clubs and Life Time Fitness, which operates over 150 health clubs.
“It’s been incredible to see the level of investor interest increase as Altis comes to market,” said Jeff Halevy, CEO and co-founder. “While previous investment activity was driven by the hype of the ‘connected fitness’ category, I believe investment in Altis has been purely value-driven. Movement OS will not only support democratizing access to quality, personalized exercise instruction but to virtually any body-related discipline across the human movement spectrum, from post-surgical and rehabilitation to high performance.”
Using proprietary computer vision and AI, Altis instructs users with interactive and intelligent fitness experiences from a soundbar-sized console that connects to a user’s screen. Altis said the technology creates hyper-personalized fitness programs based on individual capabilities, limitations and goals.
