Adaptive Technologies

We have invented a proprietary mobile 3.0 solution addressing an $8 billion dollar problem in the fitness industry using ibeacon near-field technology.

  • Stage $500K in TTM Revenue
  • Industry Mobile
  • Location Crestwood, KY, USA
  • Currency USD
  • Founded July 2007
  • Employees 9
  • Website mobilefit.com

Company Summary

Our company has invented a mobile 3.0 technology using ibeacon technology inside of fitness centers, providing automatic data tracking on member’s smart phone. We are a SaaS company with current revenues of $450k annually. We attack an $8 billion retention problem with a customer base who has validated our business model. We have a first mover advantage with paying customers. Our Long Term Value to Customer Acquisition costs ratio is 14:1.

Team

  • Lance has 19 years experience in the medical industry in the areas of Executive account management, sales and marketing, management, and as a business analyst. Lance has an MBA in Entrepreneurship from the University of Louisville. His most recent position was a Region Manager for GE, leading the country with his team to deliver over $180 Million in revenue. He is certified in Six Sigma and has won numerous leadership awards within GE.

  • Clay has worked in key Information Technology leadership roles including software and web development, managing outsourced software development and executive management. His responsibilities have included general IT management, software development leadership, and Enterprise Application Architecture. In previous engagements, he worked with government agencies optimize their (Application Lifecycle Management) processes.

  • Quality Solutions Specialist

    Sarah is responsible for all quality assurance processes. She is the ScrumMaster of the agile software development team; she also manages the customer service team. Sarah has extensive experience in managing IT projects, and developing and managing complex websites using a variety of platforms. She has worked with private sector technology companies, within a large university setting, and as an IT consultant.

  • Mobile Developer

    Shamir has over 16 years in experience in Corporate IT Development and is a Microsoft Certified Professional (MCP) since 1999. Has been developing applications for Fortune 100 Companies for the last 16 years. Has received 3 out of 4 top awards for Microsoft’s Activate The Internet Contest in 1997 by developing solutions using Microsoft technologies. Shamir founded Xpressions Interactive, Inc. in 1998.

  • MobileFit-APi developer

    Jeremy has over 20 years of software engineering experience, beginning with data-driven client-server and interactive voice response applications for a Fortune 100 company. Jeremy was an early adopter of web-based development technologies and served as editor-in-chief of multiple Ziff-Davis publications, educating developers on Microsoft’s emerging web development platforms and tools. In 1998 Jeremy is cofounded Xpressions Interactive, Inc.

  • Director of Marketing

    Rich Humphrey is the Director of Digital Marketing at MobileFiT. He leads in engaging the marketplace through web-interfaces, social media, and blog posts to drive awareness of MobileFiT’s ground-breaking technologies . Rich is certified in Inbound Marketing through Hubspot Academy and has a proven track record of leadership and start-up experience.

Advisors

Previous Investors

  • Kentucky Science and Technology Corporation
    Unconfirmed
    The Yearling Fund
    Commonwealth Seed Fund
  • Van Clouse
    Cardinal Venture Fund
    Unconfirmed

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