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Tonal, an AI-powered smart home gym company, is implementing a new way of creating customer satisfaction, partnering with Extend to offer product production on its equipment. Extend, which specializes in tech-enabled product protection solutions, will offer Tonal owners in-home service and repairs, provided they purchase protection plans.
While most of the fitness industry vies for the attention of younger consumers, Tonal is making a play for those in their Golden Years.
As it leverages artificial intelligence, the digital strength training company points to the continued popularity of at-home workouts.
Speediance, a Chinese brand, has created a series of digital resistance machines it says will revolutionize strength training.
FORME, a connected fitness company, had a tough first day on Wall Street, with its shares falling 17% after the launch of a $12 million IPO.
Tonal has tapped Krystal Zell to be its new CEO, the smart home gym company said while also announcing a $130 million funding round.
The struggling home gym company could agree to a funding round that values it at $200 to $300 million, a far cry from the $1.6 billion valuation Tonal was looking at two years ago.
Private equity firm Topspin focuses on companies that sell consumer essentials & leverage digital marketing & e-commerce platforms for...
Those who joined Whoop before the lower subscription prices announcement would be granted a 1-3 month extension based on the membership type.
Last year, Peloton was reported as a potential buyer for Tonal but both the companies could not agree on a price.
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