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Data Center News > Blog > Investments > Trait Raises €1M in Seed Funding
Investments

Trait Raises €1M in Seed Funding

Last updated: July 22, 2024 10:46 am
Published July 22, 2024
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Trait Raises €1M in Seed Funding
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Trait, a Berlin, Germany-based supplier of a coaching app, raised €1M in Seed funding.

Backers included HTGF, higher ventures and others.

The corporate intends to make use of the funds for the additional improvement of its AI coaching platform, which goals to offer a extra customized coaching expertise for runners.

Based by Raphael Jung and Matthias Ettrich, Trait is concentrated on enhancing its coaching app with AI-generated, adaptive coaching plans. Since 2021, the corporate operated below the identify “Twaiv” and centered on AI-generated, adaptive coaching plans, earlier than relaunching below the identify TRAIT in July 2024. Since its inception, the corporate has skilled speedy development with an annual improve in downloads of 178%.

The most recent model of the app could be downloaded without spending a dime now from each the Android and iPhone app shops.

FinSMEs

22/07/2024

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See also  Orca Fraud Raises $550K in Pre-Seed Funding
TAGGED: Funding, Raises, Seed, Trait
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