IW Capital led the seed investment round to help the fitness technology developer scale operations and expand into new markets.
"AI has evolved chatbots and image generation, but areas such as using it to train in health and wellness are yet to be disrupted. We are proud to have developed the largest exercise tracking detection software of its kind to lead this charge. We have changed the lives of 1,000s of customers over the last 18 months who have collectively logged 46,000 hours of personal training using our innovative AI Mirror and we plan to 5x this over the next year."
Northern Gritstone led the over-subscribed seed round with participation from Empirical Ventures, Praetura Ventures, and private backers.
"Northern Gritstone is delighted to support Exciting Instruments’ internationally renowned team from the University of Sheffield. Their technology will open up a broad range of health-related research and discovery and will also support job creation in Sheffield’s thriving tech cluster."
Northstar Ventures led the round, which will fund platform enhancements and commercial expansion.
"It’s no surprise that OnHand is thriving, thanks to their exceptional leadership team. Our investment will support technical improvements to enhance the platform’s gamification and expand user options even further. It will also help the company achieve their ambition of breaking into the enterprise market. We are thrilled to support such an exciting, innovative company, as we recognise the value of corporate volunteering."
SFC Capital led the pre-seed round to help accelerate the rollout of the company's B2B healthcare platform.
"This investment is a significant milestone in our journey to transform chronic disease management. By integrating personalised AI-driven and evidence-based self-care into existing medical pathways, we aim to deliver better outcomes for patients and unlock value for healthcare providers and payers."