Local weight lifting tech firm Rack Performance lands $250K

May 29, 2015  |  Bobby Burch

Rack Performance (1 of 1)

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.”

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

Tagged , , ,
Featured Business
    Featured Founder

      2015 Startups to Watch

        stats here

        Related Posts on Startland News

        George Brooks: Two words that can change your business

        By Tommy Felts | January 6, 2017

        Some of the biggest moments in any business start with two simple words: What if? After these words, great opportunity can follow. Businesses have started, discoveries made, and movements ignited around this simple curiosity. These words help find the right problems to solve. They help discover the best solutions. They may lead to failure or…

        Pipeline announces award finalists, judges for the Innovators

        By Tommy Felts | January 6, 2017

        The Kansas City-based Pipeline Entrepreneurial Fellowship announced Friday the award finalists and national judging panel for its annual awards, the Innovators. Formerly known as Innovator of the Year, Pipeline’s culminating event is set for Jan. 26, during which 13 fellows from the region will pitch their firms to the judges. Later in the day, the…

        Tech firm LendingStandard raises $600K, lands big client

        By Tommy Felts | January 5, 2017

        Kansas City-based tech firm LendingStandard announced Thursday that it’s closed on an angel capital round of $600,000. CEO Andy Kallenbach said he’s pleased with the direction of the startup, which created software for multi-family lender organizations. Kallenbach added that he’s excited by what opportunities the financing affords LendingStandard. “This investment will allow us to develop new…

        Victor Hwang

        Victor Hwang illuminates the Kauffman Foundation’s entrepreneurial vision, new hires

        By Tommy Felts | January 5, 2017

        Victor Hwang, the Ewing Marion Kauffman Foundation’s vice president of entrepreneurship, recently took to LinkedIn to map out his vision for 2017 and beyond. In addition to making a series of new hires, Hwang outlined the four main areas of focus for the foundation: entrepreneurial education, entrepreneurial ecosystems, market gaps and big ideas. “We are…