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BIOFEST INVEST APPLICANT
Fun And Moving, Inc
- 304 Andrews Street, San Antonio, Texas 78209, US
- https://www.funandmoving.com/
Company Contact:
Legal Entity Type: LLC
Company Type: Digital Health
Company Stage: FDA Approved / Early Launch
No. of Employees: 5
Desired Financial Amount: Unknown, Exploring
Background
Company Background
This technology originated with Covid and the social distancing and shutdowns communities were experiencing. We wanted to create something that overcame those barriers while keeping people moving and healthy, with PT based functional movement routines.
Management
Peggy Skaggs: ACE-Certified Trainer, Executive, and Actor. Online you’ll see her routines under the name Texas Peg. COO and Head Trainer
Chris Meyer: Author, former Movie Exec, and Funeral Home Owner and Operator. Unique visionary with a unique background. CEO and fearless leader
Hiram Skaggs: Extensive background in business process improvement. CSO and head of Strategic Partnerships
Board of directors
Shelly Foster, Occupational Therapist
Mike Hersey, Physical Therapist
Product / Service
disease area / application
Ilness and Injury Rehab and Recovery, Maintenance
product / Service
We created over 1000 streaming healthcare routines and navigated getting them available on Roku, Amazon Fire, Samsung, LG, Apple TV, Google TV, and Android and iOS apps.
Existing health issues and low fitness rates lead to increasing complications from injuries and illnesses. We provide access top the world’s largest online rehab and functional movement program to help contain healthcare costs, retain employees, engage workforces, and lead individuals to move their bodies safely.
technology / ip
We offer low impact, functional movement based routines for anyone to access anywhere with an internet connection. We filmed those routines in house with ACE Certified Trainers and have all the rights to the content going forward. We never require equipment and never get on the floor in any of our routines, minimizing balance and fall issues and liability. Every routine is approved by the Doctor, Physical Therapist, and Occupational Therapist on our board. It is a highly specialized and highly vetted process that is difficult to duplicate.
distribution channels
We’re streaming in 32 million homes through Cox, Comcast, and Sling (3 year deals). We are building out more streaming content and are allowed to solicit and sign more streaming partners in current contracts.
Partnering with Insurance Companies, Brokers, and PEO’s to bring the solution to client companies and individuals.
market size
The value of the corporate wellness market alone is forecast to grow from 54.1 billion dollars in 2021 to over 93 billion dollars by 2028.
The U.S. occupational & physical therapy services market size was valued at 47.50 billion dollars in 2021. The market is projected to grow from 50.26 billion dollars in 2022 to 72.70 billion dollars by 2029.
The global fitness platforms for disabled market size was valued at 1.9 billion in 2021 and is expected to expand 11.1 billion dollars by 2030.
competition
Traditional Physical Therapy practices and Fitness programs have significant overlaps. Physical Therapy practices have in person expertise that is irreplaceable, but limits on how many visits an insured person can go, and very little usage for uninsured persons. Fitness programs are widely available in person and online and often inexpensive, though they offer mostly high impact and high intensity routines, with little available for people with injuries, illness, chronic disease, or disability.
Financials
Desired financial amount
Unknown, Exploring
previous funding
None so far.
current financials
We are in a good position with streaming deals in 32 million homes having gone recently live. 10-30 million more to follow soon. Deals on the line with PEOs and Insurance Companies have us set up for success.
financial use
Currently exploring if external funding is the right course, since we have internal resources and revenue.
revenue
We do not have sales from 2019 and 2020. We aren’t familiar with outside funding. Any illumination on these topics is welcome.
exit strategy
We intend to build a company and license the content as well as offer it in house. We aren’t looking to be bought currently.
