Posted by: Jeff Spaulding in Deals and Matters
Viridian represented Kinotek Inc. in its $2 million equity investment round led by Maine Venture Fund.
Kinotek is a leader in movement health analytics for fitness, wellness, sports, and medical professionals. Funds will be used to scale Kinotek’s AI-driven human movement health analytics platform. The platform has gained widespread adoption across fitness and wellness providers, especially in clubs, gyms and other wellness facilities, in the USA and in seven other countries.
Viridian professionals Jeff Spaulding, Jen Baroletti and Joelle Ingalls advised Kinotek in the round.
About Viridian
Viridian provides practical and cost-efficient guidance to emerging companies and the investors that fund them. For more information, visit Viridian’s Emerging Companies webpage.
About Kinotek
Kinotek is on a mission to change how humans measure, understand and improve movement for better health. The company is a leader in movement health analytics for fitness, wellness, sports, and medical professionals. For more information, visit kinotek.com.
About Maine Venture Fund
Maine Venture Fund invests in dynamic businesses that have the potential for significant growth and impact in Maine. For more information, visit maineventurefund.com.
Kinotek Press Release: Kinotek Raises $2M for Movement Analytics Platform Used by MLB Team, Top Gyms — Kinotek
