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Under Armour

New Data on Massive, Sustained Growth of the Health & Wellness Industry

by Syed Hamza Sohail 11/16/2022 Leave a Comment

New Data on Massive, Sustained Growth of the Health & Wellness Industry

What You Should Know: - In its latest edition of the Product Report, Amplitude Labs dives straight into results obtained from their exclusive Amplitude dataset, which shows how the product landscape has evolved from 2021 to 2022, including the product growth observed across 12 industries and eight countries. - The report also highlights what the data suggests will be the 30 next hottest products across North America, Europe, and Asia-Pacific. Additionally, the report also covers how
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Lyra Health Reaches $1.1B Valuation After $110M Series D to Meet Demand for Teletherapy

by Fred Pennic 08/25/2020 Leave a Comment

Lyra Health Reaches $1.1B Valuation After $110M Series D to Meet Demand for Teletherapy

What You Should Know: - Mental health benefits provider Lyra Health raises $110M in Series D funding, bringing its valuation to $1.1 billion. - Lyra has grown significantly in 2020. So far this year, the company has added more than 800,000 new members to the population eligible to receive Lyra benefits, bringing its total member population to more than 1.5 million.  - Amid, the COVID-19 pandemic, Lyra is focused on expanding its enhanced teletherapy offering — Lyra Blended Care —
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4 Reasons Why Healthcare Executives Are Less Eager to Invest in Health IT

by Stephanie Kovalick, Chief Strategy Officer at Sage Growth Partners 08/06/2019 Leave a Comment

4 Reasons Why Healthcare Executives Are Less Eager to Invest in Health IT

Hospital and health system C-suite executives recognize that technology will play a central role in helping their organizations meet quality and cost objectives. Yet that’s not necessarily translating to a market that’s more fruitful for health IT companies. In fact, if your healthcare system is taking a more conservative approach to health IT investments in 2019, it’s not alone. A recent survey of 100 C-suite leaders by Managed Healthcare Executive found that fewer than half of healthcare
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Under Armour to Develop IBM Watson Powered Health & Fitness App

by HITC Staff 01/07/2016 1 Comment

Under Armour IBM Watson

Under Armour and IBM are teaming up to create and provide meaningful data-backed health and fitness insights, powered by IBM Watson's cognitive computing technology. Under Armour's new UA Record™ combined with a Cognitive Coaching System will serve as a personal health consultant, fitness trainer and assistant by providing athletes with timely, evidence-based coaching around your sleep, fitness, activity and nutrition, including outcomes achieved based on others "like you." As envisioned, a
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4 Ways Under Armour Can Drive Value in Digital Health & Fitness

by HITC Staff 02/16/2015 Leave a Comment

Adidas Sues Under Armour for Violating Mobile Health Fitness Patents

Last week, Under Armour held their "Connected Fitness Day" presentation hosted by the company's CEO Kevin Plank and Chief Financial Officer Brad Dickerson along with executives from the recently acquired MapMyFitness, Endomondo and MyFitnessPal, Yahoo Finance reports. The recent acquisitions have helped bolstered UA's position as one of the one of the world’s largest digital health and fitness communities in the world. For Under Armour, 2015 is expected to be the year of investment and
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Under Armour Acquires Health Apps Endomondo and MyFitnessPal

by HITC Staff 02/04/2015 Leave a Comment

Adidas Sues Under Armour for Violating Mobile Health Fitness Patents

Under Armour, a leading Athletic-apparel maker has agreed to buy San Francisco-based MyFitnessPal for $475 million and Denmark-based Endomondo for $85 million. Combined with the recent purchase of MapMyFitness for $150M, these acquisitions will establish its position as one of the one of the world's largest digital health and fitness community with more than 120 million registered users worldwide.   MyFitnessPal Powered by more than 80 million registered users, MyFitnessPal is the leading
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