Lithuanian fitness app Walk15 nabs €270K

Walk15, a Lithuanian developer of a health and fitness application for regular walking, has raised almost €270,000 since the start of the year from Lithuanian and Latvian business angles, Invest Lithuania informs.

  • The startup was founded in July 2019 by Vlada Musvydaite-Vilciauske. Its main goal is to encourage people to take care of their health.
  • Apart from the step counter, the app called #walk15 provides several unique features, such as fitness challenges and rewards, like discounts for healthy food from the partner retail chain.
  • Last spring Walk15 received an investment of €240,000 from 70Ventures Investment Fund. After the latest round, the company’s value has increased five times and now amounted to €5 million.
  • #walk15 app has more than 260,000 users worldwide. Over 400 international companies also use the startup’s solution to take care of their employee’s health.

“With this investment, we will seek to strengthen our product and sales teams. Over the next six months, we will strive to find an investment fund that will help us grow in the field of sustainability,”

CEO and founder shares the future plans of Walk15.