[Funding alert] Fitness tech startup Insane AI raises $873K seed round led by pi Ventures

Insane AI, a synthetic intelligence (AI) powered health coaching app, has closed $873,000 (Rs 6.5 Cr) in seed spherical led by pi Ventures together with a clutch of angel buyers together with Anupam Mittal (Founder and CEO, Individuals Group), Sameer Pitalwalla (ex-Tradition Machine, Epic Video games), Saumil Majumdar (Founder, SportzVillage), Karan Tanna (CEO, GhostKitchens), Arjun Jain (College at IISc), and LetsVenture.

In keeping with the press assertion, Insane AI plans to utilise the funding to put money into product improvement and innovation, strengthen its tech workforce, and speed up progress within the worldwide market.  

Based by Anurag Mundhada, Jayesh Hannurkar, and Sourabh Agrawal, Insane AI makes use of pc imaginative and prescient and synthetic intelligence to create dwelling exercises and personalised coaching plans. Utilizing synthetic intelligence and massive knowledge, the startup understands the impression of each train and purposeful motion on the person’s physique, and personalises the exercises to assist customers optimise their health journey.

Anurag Mundhada, Co-founder, Insane AI, stated,

“Mainstream health codecs can develop into drab and don’t problem or encourage individuals sufficient to actually construct a long-term behavior of health. Our distinctive gamified exercise format retains customers extremely engaged and motivated to provide their finest throughout each session, permits them to observe their progress, and retains them dedicated to their health targets.”

“Customers that work out on our platform are inspired to compete in opposition to themselves or with associates and may observe their health metrics holistically. We’ve got finished a profitable beta launch and by the top of the yr, we plan to launch throughout the globe.”

Commenting on the funding, Shubham Sandeep, Principal, pi Ventures, said,

“Digital well being and health has seen a rising demand amidst the pandemic and is already a multi billion greenback business. Nonetheless, the at-home health expertise is missing, which is ready to be disrupted by technological advances equivalent to AI, AR, and pc imaginative and prescient.

At pi, we like firms that essentially reimagine sectors on the again of disruptive expertise and love the immersive, participating, and complicated health resolution developed by Insane AI. The founders themselves are skilled avid gamers and specialists in deeptech, well being, and health domains. We’re impressed by the imaginative and prescient and execution proven by Anurag, Jayesh, and Sourabh, and sit up for partnering with them to make gamified health central to individuals’s lives.”