Golfer Dustin Johnson has become the most recent professional athlete to invest in OxeFit, a company who manufactures and sells high-end fitness training systems.
According to Forbes, Johnson participated in OxeFit’s Series A1 round that recently closed with $15 million of equity commitments.
OxeFit has raised nearly $35 million of funding since Mohammed Shanableh and Peter Neuhaus founded the company in January of 2020.
According to Shanableh, the company is also expecting to raise an additional $20 million of funding in the coming months.
OxeFit plans on using funds from the A1 round and upcoming round primarily to scale the company through employee hires and sales and marketing of its XS1 consumer product.
The company also has a product named XP1 that launched in April 2021, and it’s geared towards professional sports teams, rehabilitation facilities, and college athletics programs.
OxeFit’s other investors include Dallas Cowboys QB Dak Prescott, LA Rams cornerback Jalen Ramsey, former Cowboys TE Jason Witten, free agent NFL receiver Dez Bryant, former MLB outfielder Matt Kemp , Toronto Raptors forward Thaddeus Young.
James Andrews, an orthopedic surgeon who’s worked with pro athletes, is also an investor in OxeFit and helped design the product.
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Categories: Golf