Kate Hudson, Kevin Durant Back Future’s $75 Million Round

<p><strong><span class&equals;"xn-location">SAN FRANCISCO<&sol;span><&sol;strong> &&num;8212&semi; <u>Future<&sol;u>&comma; the service that is looking to bring digital fitness coaching mainstream&comma; has raised <span class&equals;"xn-money">&dollar;75 million<&sol;span> in Series C funding&comma; bringing its total funding to date to more than <span class&equals;"xn-money">&dollar;110 million<&sol;span>&period;<&sol;p>&NewLine;<p>Future has a personal training app that connects members with an ongoing fitness coach through the Apple Watch to build personalized workout programs and communicate daily to keep you on track&period;<&sol;p>&NewLine;<div class&equals;"col-sm-10 col-sm-offset-1">&NewLine;<p>The round was led by SC&period;Holdings and Trustbridge Partners&comma; with participation from existing investor <span class&equals;"xn-person">Kleiner Perkins<&sol;span>&semi; actress and Fabletics co-founder <span class&equals;"xn-person">Kate Hudson<&sol;span>&semi; Kate&&num;8217&semi;s brother <span class&equals;"xn-person">Oliver Hudson<&sol;span>&semi; five-time Pro Bowler J&period;J&period; Watt&semi; four-time golf major champion <span class&equals;"xn-person">Rory McIlroy<&sol;span> and Symphony Ventures&semi; NBA All-Star <span class&equals;"xn-person">Kevin Durant<&sol;span> and <span class&equals;"xn-person">Rich Kleiman&&num;8217&semi;s<&sol;span> Thirty Five Ventures&semi; Optum Ventures&semi; Endeavor&semi; and Harris Blitzer Entertainment&comma; owner of the <span class&equals;"xn-location">Philadelphia<&sol;span> 76ers and New Jersey Devils&period;<&sol;p>&NewLine;<&sol;div>&NewLine;<div class&equals;"col-sm-10 col-sm-offset-1">&NewLine;<p>This new round of capital will allow Future to accelerate its marketing efforts and product development&comma; expand into other categories of health coaching&comma; and surpass <span class&equals;"xn-money">&dollar;100 million<&sol;span> annual recurring revenue by early 2023&period; Future will continue growing its team of full-time fitness trainers&comma; which is one of the largest of its kind in the world&comma; with a majority of coaches having previously trained professional athletes or Olympians&period; Uniquely&comma; members of Future have unlimited access to their coach&comma; trading an average of four text messages per day – 1&comma;500 per year&period; This constant support and guidance has helped Future garner a best-in-class Net Promoter Score &lpar;NPS&rpar; of 90&period;<&sol;p>&NewLine;<p>As part of the funding round&comma; Future also announced that it will partner with investors <span class&equals;"xn-person">Kate and Oliver Hudson<&sol;span> &&num;8211&semi; who created and host the podcast Sibling Revelry &&num;8211&semi; to produce&comma; co-host and distribute a six-episode series for Future across major podcast platforms&period; Future&comma; Kate and Oliver will act as producers of the podcast&period;<&sol;p>&NewLine;<p><span class&equals;"xn-person">Kate Hudson<&sol;span> says&comma; &&num;8220&semi;Fitness and wellness have been passions of mine for years and are at the heart of everything I&&num;8217&semi;m doing with my businesses&period; This relationship is a natural extension for me and for what Oliver and I have built with Sibling Revelry&period;&&num;8221&semi; <span class&equals;"xn-person">Oliver Hudson<&sol;span> added&comma; &&num;8220&semi;We really believe that an ongoing fitness coach can keep you consistent and build a regimen that works for your life&period;&&num;8221&semi;<&sol;p>&NewLine;<p>&&num;8220&semi;Quality coaching and consistency are the two major keys to success when it comes to fitness&period; The day has finally come where professional athletes aren&&num;8217&semi;t the only ones with access to quality coaching&comma;&&num;8221&semi; said J&period;J&period; Watt&comma; new investor and advisor to CEO <span class&equals;"xn-person">Rishi Mandal<&sol;span>&period;<&sol;p>&NewLine;<p>The <span class&equals;"xn-money">&dollar;149<&sol;span>-per-month service matches each member with a world-class fitness coach who creates interactive workout programs using the Future app&comma; tracks the member&&num;8217&semi;s progress via an Apple Watch and communicates daily via text message to keep them on track&period; Future&&num;8217&semi;s coaches manage each member&&num;8217&semi;s fitness across all of their fitness activities&comma; at home or on-the-go&comma; building a regimen that can incorporate a wide mix of at-home equipment&comma; outdoor activities&comma; gyms&comma; group fitness classes and more&period;<&sol;p>&NewLine;<p>Future was co-founded by Google and NASA alum <span class&equals;"xn-person">Rishi Mandal<&sol;span>&comma; and former Apple engineer <span class&equals;"xn-person">Justin Santamaria<&sol;span>&comma; who led engineering on FaceTime and iMessage&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Future puts a real human expert into your life every single day&comma; who takes care of the planning and accountability that keeps you consistently active&comma;&&num;8221&semi; said <span class&equals;"xn-person">Rishi Mandal<&sol;span>&comma; CEO of Future&period; &&num;8220&semi;The average American only talks to their doctor maybe three or four times each year&comma; but the average Future member talks to an expert four times every day&period; This is the highest-touch consumer health product on the planet&comma; and we plan to expand our coaching beyond fitness&comma; into more domains&period;&&num;8221&semi;<&sol;p>&NewLine;<&sol;div>&NewLine;

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