BurnAlong Raises $1.5M

BurnAlong raised $1.5 million in fresh funding to support expansion efforts of the company offering streaming health and fitness classes, said co-CEO Daniel Freedman.

Freedman said the round includes participation from a new investor, which is not being disclosed, as well as existing investors. The latest round comes after company raised a total of $2.3 million over two rounds in 2018. Participating in those 2018 rounds were investors including Sid Stolz, the former president of network solutions at wellness provider Healthways; Brown Advisory; Machem Capital; Macks Managed Investments; and Baltimore Angels.

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