Local weight lifting tech firm Rack Performance lands $250K
May 29, 2015 | Bobby Burch
A Lenexa-based tech company is racking up investment capital to further develop its weight room management software.
Rack Performance recently raised $250,000 from local, private investors that will help the company advance the second version of its software.
Rack Performance built a web-based, weight room and group fitness platform to help coaches and trainers efficiently manage their teams while exercising. The platform’s audio-visual timers help team members quickly transition between exercises, giving such information as the time to spend on an exercise, how to do it and when to change exercises.
“As a high school coach, you’re one person managing up to 60 people at potentially 20 stations,” Rack CEO Matt Sellers said. “You’re spending most of your time being a tempo manager, and not teaching technique or motivating. Our goal is to let you focus more on communicating with athletes, motivating them and teaching technique. ”
Founded in 2013, Rack performance now has six full-time employees and is planning a product update with its new investment capital. Sellers said that most of his clientele is located in Kansas and Missouri, but has expanded across the nation.
A former football coach, Sellers said that strength trainers have offered him positive feedback on how it affects their ability to manage team members.
“The overwhelming censuses is that once they used it they don’t want to go back,” Sellers said. “It’s a career extender and it gives them more energy in the weight room to be able to focus on teaching and motivating instead of everyday just being a time keeper.”
2015 Startups to Watch
stats here
Related Posts on Startland News
Councilman introduces east side investment proposal with $15/hour wage provision
As economic development surges in pockets across Kansas City, residents and businesses on the east side shouldn’t be left behind, Scott Taylor said. “Our clock is ticking as a city on this, and we need to do more,” said Taylor, councilman for the sixth district, at-large. At a press conference Thursday, Taylor introduced a draft…
KCPS superintendent to city struggling with violence: When do we all come together?
It’s inexcusable for Kansas City to simply accept 130 murders before it’s even December, Mark Bedell said. “Who do you think are committing these crimes?” Bedell, superintendent of Kansas City Public Schools, asked a crowd gathered Thursday for the Lean Lab’s Launch[ED) Day. “Probably people who have been victims of schools that have failed them…
Kauffman Foundation rolls out $1.2M microlending program to help underserved entrepreneurs
Amid a swarm of 160 events as part of Global Entrepreneurship Week, the Ewing Marion Kauffman Foundation announced a new microlending program to spur investment in underserved entrepreneurs. In partnership with four microfinance lenders, the foundation issued a series of grants totaling $1.2 million that a will change the way the nonprofit microlenders capitalize their…
Scared away from networking events? Anti-social introverts can turn to tech
Networking strength comes in numbers — even for anti-social introverts, Jeremy A. Smith told a crowd Tuesday at Global Entrepreneurship Week. “Anti-social people, myself included, hate events,” he said. But like all other entrepreneurs, such introverts still must build and maintain actionable professional networks from which they can request and receive value, Smith said. In-person networking…