MLA48 invests in Waterloo-based fitness platform Oneset
Toronto, ON - MLA48, Canada’s first angel investment fund that is committed to providing a 48-hour turnaround on investment decisions, announced its fourth investment in Oneset. The Oneset platform is a multi-dimensional networking tool for all categories of trainers, athletes, and fitness enthusiasts. Oneset provides exclusive content and a platform to connect members with renowned fitness personalities.
Oneset was founded in 2015 by University of Waterloo Alumni Amad Abdullah, George Xu, Moez Bhatti and Omas Abdullah. The Oneset team recently graduated from the FounderFuel accelerator program in Montreal and now call Waterloo’s Velocity Garage home.
"It's been a great experience working with the MLA48 team,” said Amad Abdullah, CEO of Oneset. “The financing process was transparent, smooth, and expeditious.”
“We are extremely pleased to add Onset to our portfolio,” commented Brandon Corman, Managing Director of MLA48. “Amad and his team are passionate, driven and talented entrepreneurs. The platform’s rapid user growth and high member retention since launching four months ago clearly indicates that Oneset is addressing an unmet need within the fitness market.”
Established in 2014, Maple Leaf Angels 48 Fund I Limited Partnership (MLA48) is a limited partnership designed to foster innovation in Ontario by accelerating funding timelines for Ontario's brightest entrepreneurs while providing diversification for accredited investors. The limited partners are MLA members who wanted to invest collectively and the general partner is Maple Leaf Angels Capital Corporation, a subsidiary of Maple Leaf Angels Corporation.
For more information please visit mapleleafangels.com/mla48fund and follow us on Twitter at @MLA48LP.
About Maple Leaf Angels
Established in 2007, Maple Leaf Angels (MLA) is a not-for-profit membership organization. Our mandate is to connect accredited investors and the brightest, most passionate entrepreneurs in a streamlined process within the larger entrepreneurial eco-system.
For more information please visit www.mapleleafangels.com and follow us on Twitter at @mapleleafangels.
Founded in 2015 by University of Waterloo alumni, Oneset is an online fitness community to connect trainers, athletes, and enthusiasts. What started out as a platform to connect fit moms, has turned into a multi-dimensional networking tool for all categories of fitness. Through partnerships with industry experts, Oneset provides exclusive content and a platform to connect with renowned fitness personalities. The team recently graduated from the FounderFuel accelerator program in Montreal.
To learn more about Oneset please visit https://www.oneset.co, follow them on twitter @onesetapp, or download the app!
For More Information
To learn more about Maple Leaf Angels, MLA48, or Oneset please contact:
Managing Director, Maple Leaf Angels
Co-Founder & CEO, Oneset