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Aescape Secures $83MM in Strategic Funding, Announces U.S. Expansion with Equinox

Aescape Secures $83MM in Strategic Funding, Announces U.S. Expansion with Equinox

March 12, 2025 Craig Etkin
  • Led by Valor Equity Partners, the new round brings Aescape’s total funding to $128MM as it accelerates national expansion and fuels operational growth
  • Aescape also welcomes seasoned leaders from Apple and The Economist Group as SVP of Engineering and CMO, respectively

March 04, 2025 12:56 PM Eastern Standard Time

NEW YORK–(BUSINESS WIRE)–Aescape, the lifestyle robotics company pioneering AI massage for personalized recovery, today announced it has raised $83MM in a strategic round led by Valor Equity Partners, an early investor in Tesla and SpaceX. The round also saw participation from existing investors, including Alumni Ventures, and NBA Champion and All-Star Kevin Love. With this latest investment, Aescape’s total funding now stands at $128MM, enabling the company to scale operations, expand into new markets, and grow its partnerships with global brands.

“Their AI-driven approach is unlocking new possibilities in data-informed, personalized care, driving revenue for partners while delivering precision-tailored experiences. Eric and his team are creating an entirely new category of robotics-powered wellness, and we’re delighted to continue to partner in their growth.”Post this

Aescape & Equinox: Bringing AI Recovery to 60 Locations

Built by alumni from Amazon, Apple, Tonal, Uber, MakerBot, and more, Aescape became the first commercially available automated massage experience when it launched with Equinox, the authority in high-performance luxury living, at select NYC locations last year. Following strong demand, high engagement, and a spike in memberships, Equinox is expanding the partnership to 60 locations nationwide, marking a milestone in the integration of AI-powered recovery as a core fitness and wellness amenity.

“Aescape immediately resonated with our members, offering a private, effective, and highly personalized massage experience – on their time,” said James Gu, Sr. Director of Spa at Equinox. “This partnership reflects our commitment to having the most advanced recovery solutions available, and we’re excited to bring it to more locations across the country.”

This makes Equinox the first fitness brand to integrate fully autonomous, AI-driven massage at scale, setting a new standard for on-demand, high-performance recovery experiences.

Investor Confidence in Aescape’s Market Leadership

“Aescape has seen remarkable traction in just six months since launch,” said Jonathan Shulkin, Partner and Co-President at Valor Equity Partners. “Their AI-driven approach is unlocking new possibilities in data-informed, personalized care, driving revenue for partners while delivering precision-tailored experiences. Eric and his team are creating an entirely new category of robotics-powered wellness, and we’re delighted to continue to partner in their growth.”

Scaling Beyond Equinox: Entering New Markets & Strengthening Leadership

Since debuting with Equinox, Aescape has announced partnerships with industry leaders in hospitality, corporate wellness, luxury real estate, and professional sports — including select Four Seasons Hotels and Resorts, Marriott, and Ritz-Carlton properties throughout North America.

To support this next phase, Aescape has added five sales leads and appointed Kimberly Miller as Chief Marketing Officer. Miller brings over 20 years experience in scaling high-growth organizations, previously serving as Global CMO of Native Instruments and The Economist Group. In her new role, she will oversee product marketing, communications, creative, customer acquisition, and performance marketing to drive Aescape’s expansion.

Aescape has also appointed Eswar Priyadarshan as SVP of Engineering. Priyadarshan previously held leadership roles at Apple and Adobe and successfully led m-Qube and Quattro Wireless through acquisitions by Versign and Apple, respectively. In his new role, he oversees Aescape’s engineering and technical operations, driving innovation and scalability across product, design and operations.

“Our first six months in the market focused on launching with strategic partners and introducing fully autonomous robotic massage to consumers, driving both high utilization and repeat usage rates,” said Aescape Founder and CEO Eric Litman. “With fresh capital, we’re doubling down on these goals, catapulting growth for both our business and our partners as we expand into hospitality, professional sports, fitness, and mainstream markets.”

To learn more about how Aescape can elevate your wellness offerings, visit www.aescape.com or reach out directly to partnerships@aescape.com.

About Aescape (pronounced “escape”)

Aescape is a New York-based robotics company at the forefront of wellness innovation. Using advanced AI technology, the company is delivering the world’s first fully automated, customizable massage experience for personalized wellness and recovery. Founded in 2017 by four-time entrepreneur Eric Litman, Aescape brings together expertise from industry-leading brands like Amazon, Apple, FitBit, MakerBot, Uber, Peloton, Tonal and more. The company is backed by $128 million in funding from investors including Valor Siren Ventures and Valor Equity Partners (an early investor in Tesla and SpaceX), Crosslink Capital, and AlleyCorp. For more information, visit www.aescape.com.

Contacts

Media Contact:
Molly O’Connor
molly@aescape.com

(c)2025 Business Wire, Inc., All rights reserved.


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Kimberly-Clark Corporation, one of the world's leading manufacturers of personal care and hygiene products, will establish an $800 million advanced manufacturing facility in Trumbull County, bringing an anticipated 491 new high-quality jobs. For Kimberly-Clark, this new facility would be its first in Ohio and represents not just a strategic expansion, but a decisive step in doubling down on growth in the American market. Spread across more than one million square feet, the Warren facility will provide the manufacturing capacity needed to unleash future growth for Kimberly-Clark’s fastest-growing personal care categories that include Baby & Child Care and Adult & Feminine Care. Warren is in geographic proximity to roughly 117 million consumers and will serve as a strategic hub for the Northeast and Midwest regions. Construction is expected to begin this month and will take up to two years.

In a statement Tamera Fenske, chief supply chain officer at Kimberly-Clark said, “Our investment in Warren is a pivotal step forward in our North America business and strategy.” “By establishing a new, state-of-the-art manufacturing facility in Ohio, we’re enhancing our ability to serve millions of consumers across the Midwest and Northeast with greater speed, agility, and resilience. It’s a once-in-a-career opportunity to build a facility from the ground up that reflects the future of manufacturing, and with the support of local partners like JobsOhio, the Department of Development, Lake to River, Western Reserve Port Authority, and local governments, we have the unique opportunity to create high-quality jobs and long-term economic impact in the region.”

Based in Dallas and employing 46,000 people in 34 countries, the company’s portfolio of brands also includes Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Plenitud, Sweety, Softex, Viva and WypAll. Its products are sold in more than 175 countries and territories.
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Snorkel AI announced general availability of two new product offerings on the Snorkel AI Data Development Platform: Snorkel Evaluate and Snorkel Expert Data-as-a-Service. These launches advance its mission to turn knowledge into specialized AI—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. In addition, Snorkel AI announced it has raised $100 million in Series D funding at a $1.3 billion valuation, led by Addition. This new funding will fuel continued research and innovation in evaluating and tuning specialized AI systems with expert data.


In a statement Alex Ratner, Co-founder and CEO of Snorkel AI said, “We are seeing a surge of momentum around agentic AI, but specialized enterprise agents aren’t ready for production in most settings.” “Enterprises need domain-specific data and expertise to make this a reality. We’re excited to deliver on this need and help AI innovators develop expert data to bring their LLM and agentic systems into production with our new offerings, which round out Snorkel’s unified AI data development stack.”

Snorkel AI is building the Snorkel AI Data Development Platform for evaluating and tuning specialized AI at scale. Snorkel AI’s offerings, including Snorkel Evaluate and Snorkel Expert Data-as-a-Service, accelerate evaluation and tuning of specialized AI systems with expert data—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. Launched out of the Stanford AI Lab, Snorkel AI’s platform is used in production by Fortune 500 companies, including BNY, Wayfair, and Chubb, as well as across the U.S. federal government, including the U.S. Air Force.
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TicketManager, a global leader in event ticket and guest management solutions for the corporate enterprise, today announced Valeas Capital Partners, a growth-oriented private-equity firm, has acquired a majority stake in the company. Under the terms of the agreement, Valeas is committing $110 million to support TicketManager’s strategic growth plans. TicketManager Co-Founder and CEO Tony Knopp and COO Ken Hanscom will retain a minority interest in the Company. Founded in 2007, TicketManager is the category leader in providing software and services to manage end-to-end event ticket workflow and guest experiences. Serving as the central hub and system of record for data-driven organizations, the platform streamlines every step of the ticket management process. Every year, companies spend more than $600 billion on customer entertainment, yet 43% of corporate tickets are never used and fewer than 20% of organizations leverage modern software to optimize those investments and mitigate compliance risk.

In a statement Tony Knopp, CEO and Co-Founder of TicketManager said, “Live events are an important investment for businesses of all sizes. Whether major global sponsorships, naming rights for stadiums, luxury suites or even a few season tickets for the local team, companies use them to attract and keep customers while building their brands. But in today’s market, many companies struggle with growing pressure to show the value of their ticket spending.” “We knew there was a better way, and that’s why we created TicketManager – to make company tickets easy and prove the return on investment with cutting edge technology and services.”

TicketManager is a leading event- and guest-management platform that empowers companies to make client entertainment easy and drive greater return on investment. It offers convenient and simple technology to manage corporate sports and entertainment tickets, create exceptional guest life-cycle experiences, and measure effectiveness. TicketManager is trusted by more than 500 global brands including Verizon, FedEx, Adidas, Anheuser-Busch, and Mastercard.
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