What kind of company is Freeletics?

Overview of FreeleticsFreeletics is a fitness company that was founded in Munich, Germany in 2013. The company offers a mobile app that provides users with customized workout plans based on their fitness level, goals, and preferences. Freeletics aims to make fitness accessible to everyone, regardless of their location, age, or fitness level, by offering a range of workouts that can be done anywhere and anytime with no equipment required.

Products and Services Offered by FreeleticsFreeletics app offers workout plans that are designed by their team of fitness experts and can be customized based on the user's fitness level, goals, and preferences. The app also features a social element that allows users to connect with other Freeletics users and view each other's progress, providing motivation and support. The company also offers a nutrition plan that can be tailored to the user's fitness goals and dietary preferences.

Funding and Expansion of FreeleticsSince its founding in 2013, Freeletics has grown rapidly and has expanded its offerings to include additional fitness and nutrition products. In 2018, the company received a significant investment from a leading group of US-based venture capital firms , which has helped to fuel its growth and expansion. Today, Freeletics has users in more than 160 countries around the world, and the company continues to innovate and offer new products and services to its users.

Controversies Surrounding FreeleticsWhile Freeletics has received positive reviews from many users, the company has also faced criticism and controversy over some of its business practices. Some users have complained about the company's subscription model, which can automatically renew and charge users' credit cards without warning, leading to unexpected charges. Additionally, some users have reported issues with the company's customer service, including difficulty getting refunds for unwanted charges.

Overall, Freeletics aims to make fitness accessible and convenient for everyone, and the company has earned a loyal following of users around the world. However, some users have raised concerns about the company's business practices, and it is important for prospective users to carefully review the terms and conditions of any subscription or purchase before signing up.