Cornerstone Partners leads a seed round into Boxx
We are pleased to announce that Cornerstone Partners has led a seed round into boxing inspired fitness studio and digital content platform, Boxx.
Boxx was founded in 2016 by Anna Samuels, after discovering a personal passion for boxing and a desire to create a world class online workout that was compatible with the busy and ever changing schedules of ordinary people.
Community driven from the start, Boxx offers flexible at home and studio workouts across boxing, HIIT, Strength and Yoga and serves every type of customer, regardless of fitness levels, age, body shape or size. More than 2 million minutes of Boxx’s workouts have been completed online to date and the workout app has reached more than 200k downloads.
The investment will drive forward plans to accelerate Boxx’s content strategy, hire additional staff and further develop its offering with the launch of a connected fitness product.
Anna Samuels, Founder of Boxx commented:
“At Boxx, accessibility is one of the core values that underpin our brand. From the initial conversation with Cornerstone, not only did they understand our vision but their commitment to back underrepresented founders and their shared values was something that really stood out for us.
In addition to Cornerstone, we have a number of other angels participating in this round, who bring value in a multiple of ways. Together we believe this will help us deliver on our mission to create a connected fitness product that makes boxing inspired fitness accessible to all.
We are extremely excited to see what the future holds.”
Rodney Appiah, Chair of Cornerstone Partners commented:
“We are delighted to be working with Anna, Bryan, Tyrone and the wider team to support Boxx’s growth plans. Their mission to make boxing accessible to everyone with their content led strategy and launch of innovative products and services provides a unique opportunity to disrupt the popular UK boxing industry. We look forward to supporting Boxx over the coming years and working with the other angel investors who participated in this round.”
If you are a founder who is seeking investment or interested in learning more about Cornerstone Partners, please visit our website at www.cornerstonepartners.co.uk.
For more information, please contact:
Rodney Appiah, Chair of Cornerstone Partners, firstname.lastname@example.org
About Cornerstone Partners (“Cornerstone”)
Cornerstone Partners is the leading angel network for black and diverse founding teams in the UK. We focus our attention on this group because we believe their entrepreneurial talent is often overlooked, underestimated, and underrepresented in the traditional funding community.
We are a generalist angel syndicate providing investment of between £25k and £100k into post revenue businesses across the UK. We add value by leveraging the background and skillset of our fellow partners and external talent network. In addition to providing capital, Cornerstone runs an internship programme to widen access to angel investing, an annual scale up programme for post revenue businesses and commissions research to raise awareness of the benefits of diversity led investing.
Since inception, Cornerstone has supported 17 UK businesses and invested more than £1.1m in aggregate. Examples of our recent investments include Tectonic, Coordinate Sport, Hutch Logistics and Nudea.