DailyBurn Announces Seed Investment

by Andy on May 28, 2009

Things are really rocking at DailyBurn these days!  We are pleased to announce that we recently closed a $525K seed investment from a really top notch group, including Dave McClure (through FF Angel LLC), Garrett Camp (of StumbleUpon), Tim Ferriss (life hacker and author of The 4 Hour Workweek), eonBusiness (investors in SocialThing), and some other really top-notch unnamed investors.

News of the investment broke Tuesday on TechCrunch.  You can view the full article here: Feel The DailyBurn: Gyminee Gets A New Name, Raises $525K

We will be using the investment to build out our development team, do some marketing, and yes – to speed along the iPhone development.  We couldn’t be more excited.

Also, here is a recent interview I did discussing DailyBurn (cheesy music and all!).

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{ 1 trackback }

Im Not Big Boned
August 31, 2009 at 2:20 pm

{ 19 comments… read them below or add one }

1 jasper May 28, 2009 at 5:12 pm

so, how healthy are the people behind dailyburn

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2 absmith May 28, 2009 at 7:56 pm

Ha, I would say pretty healthy on average.

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4 My Amazing Weight Loss Story May 28, 2009 at 2:26 pm

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6 Kelly May 30, 2009 at 3:53 am

You have advertising so why isn't the site free?

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7 absmith May 30, 2009 at 6:49 pm

We actually don't do much advertising at all (especially compared to sites that are fully supported by ads). Our revenue is mostly from PRO subscriptions right now…

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8 @msproductions August 5, 2009 at 7:31 am

…and completely worth it…

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11 Tim May 30, 2009 at 8:20 am

Please don't simply focus on an iPhone app, there are a ton of Windows Mobile users out there too… in fact, probably more than iPhone.

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12 absmith May 30, 2009 at 6:48 pm

We hear you on this :-) We are interested in more than just iPhone, but iPhone will be first release.

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14 lsmart June 10, 2009 at 7:03 pm

I agree – I'm on a Palm running Windows mobile. Iphone may be media hyped to oblivion but is definately not your largest customer base.

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15 kelly June 1, 2009 at 8:09 pm

i agree with tim ,
same with the blackberry storm .
we would like a dailyburn app also .

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Cool!

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