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§ Private Profile · Plano, TX, USA
OxeFit is a technology company.
OxeFit is an AI-powered home gym that offers a comprehensive fitness solution, combining strength training, cardio, and personalized workout analytics.
OxeFit has raised $38.0M across 3 funding rounds.
OxeFit has raised $38.0M in total across 3 funding rounds.
OxeFit has raised $38.0M across 3 funding rounds. Most recently, it raised $17.5M Other Equity in September 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 25, 2024 | $17.5M Venture Round | — | — | Announced |
| May 1, 2022 | $8M Series A | — | 645 Ventures, Afore Capital, Andreessen Horowitz, Banana Capital, BoxGroup, Chaac Ventures, Craft Ventures, Gaingels, Infinite Niches, Pareto Holdings, Pelion Venture Partners, Redpoint Ventures, Reform Ventures, Sapphire Ventures, Seven Seven SIX, SoftBank Capital, Spark Capital, Thirty Five Ventures, TitletownTech, Baron Davis, Carmelo Anthony (Melo7 Tech Partners), Gregory Waldorf, PAU Gasol | Announced |
| Feb 5, 2021 | $12.5M Series A | — | — | Announced |
OxeFit is a digital fitness technology company headquartered in Plano, Texas, specializing in AI-powered strength training systems that integrate robotics, movement tracking, and personalized workouts to revolutionize connected fitness[1][2][3]. It builds the XS1 for home use—an all-in-one compact gym offering over 280 exercises including Pilates, strength training, rowing, SkiCross, kayaking, stand-up paddling, canoeing, SurfSwim, and gaming—and the XP1 for commercial settings like fitness centers, sports teams, colleges, and rehab facilities, both featuring real-time form monitoring, variable resistance, and data-driven programs via large screens[1][2][3][4]. Targeting home users, athletes, gyms, hotels, universities, hospitals, police/fire stations, and rehab patients, OxeFit solves gym intimidation, poor form risks, injury prevention, and access to professional-grade training by delivering adaptive, engaging content without needing free weights or intimidation[1][3]. With $70 million raised (including a Series A2), units in 100+ facilities as of mid-2023, and investors like Dak Prescott, Harry Kane, Dustin Johnson, and Wayne Gretzky, the company shows strong growth momentum amid rising demand for smart home fitness[2][3].
OxeFit was co-founded in 2020 (with operations tracing to 2019) by Rab Shanableh, a 30-year tech veteran and engineer who previously held leadership roles in communications and disruptive tech, including as co-founder of Affirmed Networks[2][3]. The idea emerged from Shanableh's vision to create truly disruptive fitness tech that empowers users to control their health, blending AI, robotics, and data for unprecedented personalization—avoiding "minor changes" in the industry[3]. Early traction built quickly: by mid-2023, devices reached 100+ fitness centers, teams, colleges, and facilities with 200+ exercises; investments poured in from athletes like Prescott and Ramsey, culminating in Harry Kane's Series A2 participation and a total of $39.4M–$70M raised, enabling thousands of units distributed to homes, stations, hotels, universities, and hospitals[1][2][3].
OxeFit rides the connected fitness and AI-home gym boom, accelerated by post-pandemic shifts to home workouts, where market forces like Peloton's evolution and rising rehab demand favor compact, intelligent hardware over traditional gyms[3]. Timing aligns with AI advancements in personalization and robotics, enabling precise feedback that influences ecosystems by partnering with therapists, pros, and facilities—driving adoption in sports, hospitality, and health sectors while empowering user-led health amid labor shortages in training[1][3]. As fitness-tech matures, OxeFit shapes standards for data-monitored training, potentially expanding to enterprise wellness and global pro leagues.
OxeFit is poised for scaled adoption with its athlete-backed funding and proven distribution, likely targeting international markets, B2B expansions (e.g., more teams/hotels), and software updates for emerging exercises like VR integration[2][3]. Trends in AI health personalization and hybrid fitness will propel growth, evolving its influence from niche disruptor to mainstream platform—potentially challenging incumbents if it sustains momentum in user retention and partnerships. This positions OxeFit to truly redefine accessible, injury-proof training at home and beyond[1][3].
OxeFit has raised $38.0M in total across 3 funding rounds.
OxeFit's investors include 645 Ventures, Afore Capital, Andreessen Horowitz, Banana Capital, BoxGroup, Chaac Ventures, Craft Ventures, Gaingels, Infinite Niches, Pareto Holdings, Pelion Venture Partners, Redpoint Ventures.