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Motify online fitness service raised $3 million for development

November 17, 2020|
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Motify, a service providing exercise videos for doing fitness, raised $3 million in a seed round from Grishin Robotics of the Mail.ru Group’s co-founder Dmitry Grishin and a group of investors.

The company plans to use most of the raised funds on marketing scaling and the development of the service. The terms of investment and the value of the company were not disclosed.

Motify was launched by former top managers of Mail.ru Group Ruslan Gafurov, Andrey Tsytsenko and Sergey Tsytsenko in early April 2020.

Original (in Russian)

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