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Photo by IronHeart/Getty Images At-home digital fitness studio Tempo has raised $220 million in its recently closed Series C funding round. SoftBank Vision Fund 2 led the round with additional participation from new investor Steadfast Capital Ventures and returning investors DCM, General Catalyst, Norwest Venture Partners, and Bling Capital. Tempo plans to use the money to continue enhancing its artificial intelligence and 3D sensor tracking technology. The company’s flagship workout device scans users 30 times per second to guide users through the session while correcting their form when necessary. Coming less than a year after its $60 million raise, Tempo now has nearly $300 million in funding to date. ....
Origin, the women’s health platform providing physical therapy and expert guidance for issues specific to the female body, announces aggressive growth plans following a seed funding round led by Brand Foundry Ventures and The Blue Venture Fund. The funds will specifically be used to scale Origin’s offerings – including the opening of two additional physical locations in California, a rollout of virtual care in the US, and building its expert network of top quality providers nationwide. The company offers virtual and in-person PT sessions, covered by insurance, in addition to proprietary at-home educational content, and community experiences, it notes in a media release. ....
Origin Announces Growth Plans and New Locations to Advance Maternity, Menopause and Sexual Healthcare in the US; Women s Physical Therapy Platform Poised to Save the American Health System $65B - Rapid growth follows seed funding round led by Brand Foundry Ventures and The Blue Venture Fund - Two new physical locations open, in addition to forthcoming national expansion of virtual care - Unique approach to preventing and treating complications associated with maternity and menopause has potential to save the American healthcare system $65B - First year led to 500% growth in visits, with over 50% of patients using telehealth - Currently an in-network provider with Aetna, Anthem Blue Cross, Blue Shield of California, Cigna, and United Healthcare among others ....