CoPilot (now trainwell) Announces $6.5M in New Funding
October 4, 2023

CoPilot (now trainwell) Announces $6.5M in New Funding

Matt Spettel

I am extremely excited to announce that CoPilot (now trainwell) has raised $6.5M in new funding, led by Jackson Square Ventures!

This fundraise wouldn’t have been possible without our amazing team of trainers, engineers, designers, support specialists, operations experts, and marketers. I am honored that each of you have chosen to fight for CoPilot, and work incredibly hard to make us better every single day. 

Our mission at CoPilot is unwavering: to leverage the best of fitness and technology to truly transform lives. Every investment we receive is not just a testament to our product but to the power of the connection between our trainers and our clients. It's about building a community rooted in health, accountability, and progress. This additional funding ensures that we can continue to innovate, inspire, and impact in ways bigger than we ever imagined.

In the coming months, expect to see more powerful features, deeper personalization, and a wider reach as we set our sights on making CoPilot a global force for positive change. But as always, our primary focus remains on the individuals we serve: our clients, trainers, and the dedicated CoPilot team. 

Another huge shout out goes to our investors: TenOneTen Ventures, Hyde Park Ventures, Maven Ventures, Alpha Edison, and Rise of the Rest, who not only participated in this new round, but have empowered us to build a brand that improves tens of thousands of lives every day. A special thanks to DW for being a true friend to me and having our backs even on our toughest days. 

Since our last funding round at the start of 2022, we’ve buckled down and grown revenue by 5X, while also making huge strides in our client product experience and coaching infrastructure. We’ve proved that we are not a brief workout trend, or another victim of the fitness hype of the last two years.

With this new funding, we plan to expand our team, particularly in coaching, engineering, design, and growth. Below are a few of the roles we’re very excited to fill. Don’t hesitate to reach out on Wellfound if you think you’d be a good fit. 

  • Fullstack Software Engineer (Growth)
  • Machine Learning Engineer (Smart Watch Motion Analysis) 
  • Senior Software Engineer (NLP)
  • UI/UX Designer (Product) 
  • Test Engineer (Product)

To all of you who have been with us from the beginning, and to those who are just joining the journey – thank you for believing in our vision and for pushing us to be better.

-Matt Spettel

Co-founder & CEO

Explore more trainwell articles