Footwear startup Vimazi raises $1M before debut launch
Vimazi, which makes running shoes specifically tuned for the pace of the runner, completed its Seed 3 investment round of US$1m on June 30, 2022, bringing its total funding raised to US$2.6m.
Based in Portland, Oregon, the hybrid direct-to-consumer startup was founded by running industry veterans Scott Tucker and John Zilly. (The Seed 3 Round consisted of angel investors. Vimazi is a DBA of FastEquation, a Delaware S Corp founded in 2018.)
The company’s shoe range features different models according to a runner’s running pace.
Using newly developed mathematical equations of the intricate forces produced during running, we fine-tune our shoes to deliver custom performance that maximizes cushioning and propulsion efficiency for each runner,” said Scott Tucker, co-founder and CEO of Vimazi
“Our shoes shift the paradigm from the one-size-fits-all super shoe to specific, pace-tuned models that work best for each individual.”
Vimazi’s patent pending technology configures specially developed foams differently for each model. The first four models in the collection will be available to consumers in September. Two additional models will launch in October. Vimazi is currently designing and testing five more pace-fitting shoes that are scheduled for release in 2023.
Vimazi is an interesting startup with immense capabilities. Congratulations on their well deserved funding and my best wishes.Shishir Gupta CEO & Founder
Don’t keep wondering about funding, you can also raise funds. Learn how to raise funds here: Yes I want to raise funds.
If you are an emerging startup and are looking for investors to raise funds, StartupLanes has its own angel network and investment banking services and is connected to angel investors and VCs in 15 countries that ensure that our member startups have easy access to external funds to scale up constantly.
You can subscribe to our news posts by entering your email in the box on the right side of this page.
Check out our YouTube channel for insightful content from the Indian startup ecosystem.
The right investment is key to beating inflation and growing your wealth. Do you wish to become an angel investor? Yes, I want to be an angel investor.
Are you a startup and facing challenges in your business? Do you want to grow your business? It is not as difficult as it sounds. Learn how to grow your business here- Yes, I want to grow my business.