LIT Method Overview
- Year Founded
-
2016
- Status
-
Private
- Employees
-
11
- Latest Deal Type
-
Later Stage VC
- Investors
-
4
LIT Method General Information
Description
Developer of a digital workout platform designed to make fitness accessible to everyone. The company's platform offers fitness programs that combine personal training, physical therapy, and injury prevention, and also offers an exercise machine that is an all-in-one water rower, pilates reformer, and resistance band training system that provides low-impact strength training workouts, enabling users to build strength, increase mobility, and correct muscle imbalances.
Contact Information
Website
www.litmethod.comCorporate Office
- 358 South La Cienega Boulevard
- Los Angeles, CA 90048
- United States
Corporate Office
- 358 South La Cienega Boulevard
- Los Angeles, CA 90048
- United States
LIT Method Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 2. Later Stage VC | 01-Sep-2022 | Completed | Generating Revenue | |||
| 1. Seed Round | 12-May-2021 | Completed | Generating Revenue |
LIT Method Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
LIT Method Signals
LIT Method Investors (4)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Angel (individual) | ||||
| Rachel Zoe Ventures | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| MarcyPen Capital Partners | Venture Capital | Minority |
LIT Method FAQs
-
When was LIT Method founded?
LIT Method was founded in 2016.
-
Where is LIT Method headquartered?
LIT Method is headquartered in Los Angeles, CA.
-
What is the size of LIT Method?
LIT Method has 11 total employees.
-
What industry is LIT Method in?
LIT Method’s primary industry is Educational and Training Services (B2C).
-
Is LIT Method a private or public company?
LIT Method is a Private company.
-
What is LIT Method’s current revenue?
The current revenue for LIT Method is .
-
How much funding has LIT Method raised over time?
LIT Method has raised $1.45M.
-
Who are LIT Method’s investors?
, Rachel Zoe Ventures, , and MarcyPen Capital Partners have invested in LIT Method.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process