Lifemost raises USD 650,000 in a pre-seed funding

Funding News

Lifemost has raised USD 650,000 in a pre-seed funding round co-led by MENA-focused angel investors. Funds will be spent on further product development and marketing as well as exploring new partnership opportunities in the MENA market.

Lifesmost offers a B2B platform for companies to provide employees with physical and mental health activities with fast access from one mobile app. It includes four types of products based on company needs: access to a network of studios for activities and training; corporate events and team-buildings from coaching, and mindfulness to stress management workshops; lectures and sessions; and online courses and live sessions features with over 350 pre-recorded fitness classes and educational lectures. Customized options are available to meet the specific goals of companies. Co-workers can book all these services and classes via the Lifemost membership app, while companies use special access to manage employees’ corporate wellness programs.

“The MENA wellness market has no complex solution for corporate well-being activities that are extremely important for companies recruiting, sustainable functioning and maintaining the health and motivation of employees. Lifemost offers companies a customized solution by tailoring the platform’s content in alignment with their specific needs. Therefore, employees gain access to a diverse range of fitness and wellness activities, while top management and HR professionals receive an all-in-one wellness solution with ongoing analytics on engagement rate”, — comments Dennis Yudchitz, CEO and founder of Lifemost.

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