Health technology startup Cure.fit on Monday said it acquired California-based fitness company Onyx.
The company, however, did not disclose the value of the transaction.
Cure.fit’s acquisition of Onyx is a step towards improving its computer vision technology for its home fitness product and expanding its international business, a statement says.
Onyx specializes in body tracking technology and personalization of training feedback. Provides highly accurate repetition counting, form correction, and detailed performance monitoring. Cure.fit was recently launched in the US with its energy metering technology, where the phone’s camera tracks users’ movements as they try to follow guided content from trainers. Users can track their progress, compete with their friends, post selfies and follow their favorite coaches.
“The 1920s will be the decade of digital health. Onyx will accelerate our efforts to create a hardware-independent AI-powered platform that delivers content driven mental and physical wellbeing and nutrition in the same place,” he said. said Mukesh Bansal, cofounder of Cure.fit.
He added that users will have a personalized experience with high-quality technology and human touch and will be able to achieve their fitness goals from the comfort of their homes without spending on expensive hardware.
With this technology, our digital product will be very similar to a group class in a boutique studio or a personal training session in the gym. Users will receive feedback on their movements and it will be a two-way interactive experience, Shamik Sharma, Head of Technology to Cure.fit, he said. “We are integrating with all display devices like Apple TV, Chromecast etc. And users can follow a variety of exercises such as dance, HIIT, yoga etc. from their home, “Sharma added.
Onyx co-founder Asaf Avidan Antonir said the company’s mission has always been to make truly personalized and connected fitness accessible to everyone. “High-precision body detection combined with studio-quality content will help us create a very differentiated experience for our users,” he added.
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- Onyx will accelerate our efforts towards creating a hardware-independent AI-driven platform that delivers guided content on physical and mental wellbeing and nutrition in the same place, said Mukesh Bansal, co-founder of Cure.fit, adding that users will have a personalized experience with high-quality technology and human touch and will be able to achieve their fitness goals from the comfort of their homes without spending on expensive hardware.With this technology, our digital product will be much like a group class in a boutique studio or a personal training session in the gym.
- Cure.fit acquires US-based digital fitness company Onyx to accelerate international offering