Walk15, a Vilnius-based startup dedicated to encouraging sustainable mobility and active lifestyles, has successfully raised €1M in its latest funding round. The investment was led by Coinvest Capital, alongside the “8NGLS” syndicate, which includes 32 angel investors led by Justinas Pašys and Deividas Trainavičius, CEO of PVcase, among others.
This new injection of funds will be directed towards Walk15’s expansion into the German market, following the recent opening of a new office in Berlin. This marks the second investment in just three months, demonstrating growing confidence in Walk15’s mission and approach.
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Addressing Physical Inactivity
Founded by Vlada Musvydaite-Vilčiauskė, Walk15 is on a mission to address the global challenge of physical inactivity through its sustainable activity platform. The platform offers step challenge solutions for companies, engaging employees and clients in sustainable mobility activities. Walk15’s approach not only promotes health and wellness but also educates participants about sustainability.
A Growing Global Presence
With strategic partners and clients including Euroleague, ERGO, PENNY, and unicorns like Vinted and Nord Security, Walk15 has created over 10,000 step challenges in the past four years. The startup has united more than 640,000 users and 1,300 businesses and organizations worldwide, showcasing its significant impact on promoting active and sustainable lifestyles.
A Vision for Global Health Improvement
Vlada Musvydaite-Vilčiauskė, Founder and CEO, expressed gratitude for the continuous support from Lithuanian business angels, emphasizing the investment’s role in addressing the decline in physical activity and its impact on personal health and national healthcare systems. The goal is to make healthiness an everyday habit for everyone, with Germany being a key market in this global mission.
Investor Support for Sustainability and Health
The investment reflects a strong belief in Walk15’s potential to make a significant impact on sustainability, global reach, and women’s empowerment. Viktorija Trimbel, CEO of Coinvest Capital, highlighted the investment’s alignment with Walk15’s philosophy, praising the team’s achievements, high-quality business and risk management, and the global vision to promote healthiness as a daily habit.
With this latest funding round, the startup is poised to further its mission of improving societal health and promoting sustainable mobility, expanding its innovative platform to new markets and continuing to inspire active lifestyles across the globe.
