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- Tempo
Tempo Funding, Investors & Competitors
Tempo has raised $299M across 4 funding rounds, most recently a $220M Series C in April 2021.
Last Tempo funding round
$220M
Series C ยท Apr 2021
Cumulative funding Tempo raised
$299M
across 4 funding rounds
Key investors in Tempo
Y Combinator
DCM Ventures
SignalFire
Bling Capital
General Catalyst
Khosla Ventures
Founders Fund
Norwest
About Tempo
Tempo is a San Francisco-headquartered developer of AI-powered home fitness equipment. Its mirror-like device integrates 3D motion sensors to track 25 body joints, count repetitions, suggest weights, and provide real-time form corrections during workouts. Users access live sessions with elite trainers via the platform, which supports strength training, cardio, and mobility programs.
Founded
2015
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Product sales, Subscription
Tempo Funding History
Tempo has raised a total of $299M across 4 funding rounds.
Tempo's first fundraising round was a $2M seed round in June 2015. The most recent completed round was a $220M Series C in April 2021.
Tempo funding rounds
| Date | Stage | Investors | Raised |
|---|---|---|---|
| Apr 2021 | Series C | SoftBank Group (lead); General Catalyst; Borromin; Norwest; Bling Capital; DCM Ventures | $220M |
| Jul 2020 | Series B | General Catalyst (lead); Norwest (lead); Y Combinator; SignalFire; Founders Fund; Tishman Speyer; Bling Capital; DCM Ventures | $60M |
| Jul 2019 | Series A | Y Combinator; SignalFire; Bradley Horowitz; Khosla Ventures; Founders Fund; Bling Capital; DCM Ventures | $17M |
| Jun 2015 | Seed | Khosla Ventures (lead); SignalFire (lead); Y Combinator | $2M |
Who has invested in Tempo?
12 investors have backed Tempo across its funding rounds, including Y Combinator, DCM Ventures, SignalFire, Bling Capital, General Catalyst and Khosla Ventures.
Lead investors include SoftBank Group, General Catalyst, Norwest, Khosla Ventures and SignalFire.
Tempo Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Participant | Jun 2015 | ||
| 3 | Lead | Jun 2015 | ||
| 3 | Participant | Jul 2019 | ||
| 3 | Participant | Jul 2019 | ||
| 2 | Lead | Jul 2020 | ||
| 2 | Lead | Jul 2020 | ||
| 2 | Lead | Jun 2015 | ||
| 2 | Participant | Jul 2019 | ||
| 1 | Lead | Apr 2021 | ||
| 1 | Participant | Jul 2019 | ||
This data is available for Pro users. Sign up to see all 12 Tempo investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialTempo Competitors
Tempo competitors include listed companies like Sleep Cycle, Weight Watchers and Keep Inc., and private ones like Tonal, Icon Health Fitness and Doctolib.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $575M | - | ||
| Publicly listed | $24M | $7M | $44M | 1.5x | ||
| Publicly listed | $786M | ($198M) | $160M | 0.7x | ||
| Publicly listed | $244M | ($8M) | $82M | - | ||
| Private | $1B | - | $7B | 7.0x | ||
| Private | $400M | - | $6.4B | 16.0x |
Tempo Public Comps
Tempo is still privately-owned, but its public comps include Meta, Garmin, Bending Spoons, Kakao, Match Group, Kunlun, Duolingo, Life360, Technogym and Strive.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $201B | $104B | 8.8x | 7.4x | 17.0x | 12.7x | |||
| $7.2B | $2.1B | 7.0x | 6.4x | 24.4x | 21.7x | |||
| $2.6B | $520M | 11.0x | - | 54.9x | - | |||
| $5.9B | $1.1B | 0.9x | 0.9x | 4.8x | 4.1x | |||
| $3.5B | $939M | 3.7x | 3.7x | 13.9x | 10.0x | |||
| $1.2B | ($230M) | 6.8x | 5.7x | (36.1x) | (111.2x) | |||
| $1B | $152M | 5.4x | 4.9x | 37.3x | 17.9x | |||
| $489M | $32M | 6.4x | 5.0x | 97.0x | 25.6x | |||
This data is available for Pro users. Sign up to see all Tempo competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Tempo
| When was Tempo founded? | Tempo was founded in 2015. |
| Where is Tempo headquartered? | Tempo is headquartered in San Francisco, CA, United States. |
| Is Tempo publicly listed? | No, Tempo is a private, VC-backed company. |
| How much funding has Tempo raised? | Tempo has raised $299M across 4 funding rounds. |
| What was Tempo's last funding round? | Tempo's last funding round was a $220M Series C in April 2021, led by SoftBank Group. |
| Who are Tempo's investors? | Tempo's investors include Y Combinator, SignalFire, Bling Capital, DCM Ventures, General Catalyst, Norwest, Khosla Ventures, Founders Fund, SoftBank Group, Bradley Horowitz and 2 others. |
| Which companies are comparable to Tempo? | Companies comparable to Tempo include Tonal, Sleep Cycle, Weight Watchers, Keep Inc., Icon Health Fitness and Doctolib. |
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