Practix Innovative Workout

practix-workout.com ; israel.masschallenge.org/startup/practix-workout

Formerly Fit&Fold

High-Tech Company

Ceased to Operate Q2/2019

TECH VERTICALS

Artificial Intelligence, IoT, Mobile Applications, SportsTech, Wearables

General Data

Sector	Consumer-Oriented Software
Company Stage:	R&D
Established	2016
Number of Employees	7
Employees in Israel	2

DESCRIPTION

Practix is developing a connected ecosystem that serves as personalized trainer inside the gym, it combines IoT tracking technologies and AI to increase a gym's profitability. Club members wear Practix's smart bracelet, which identifies equipment and the physical activities performed by the wearer. The bracelet’s sensors collect data about the workout and analyze it through Practix's machine-learning and pattern-recognition algorithms, furnishing the fitness club with leads to members who need personal training.

TECHNOLOGY

Machine Learning, IoT, AI, NFC

	TARGET MARKETS
	Gym's, Personal Trainers, Fitness enthusiasts

	BUSINESS MODEL
	B2B

CONTACT INFO

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Main Address: Jerusalem, Israel

Address	5 Ki'ach St.
City	Jerusalem
Country	Israel

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Potsdam, Germany

Address	August-Bebel-Straße 88-89
City	Potsdam
Country	Germany

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title
Mr. Sivan Entelis	Co-Founder
Mr. Omri Zaied	Co-Founder
Mr. Alon Shalvi	Co-Founder

	Non-Equity Assistance

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Date

Stage

Remarks

Non-Equity Assistance

Apr. 23, 2018

R&D

Contributor	Type	Amount	Remarks
abC Defghij	General Accelerator	abCDe

Non-Equity Assistance

Feb. 01, 2016

Seed

Contributor	Type	Amount	Remarks
abC Defghij	Academic Accelerator	abCDe

Last Updated:	abCDe
IVC Number:	abCDe