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Deepen Startup Secures Funding with a $750,000 Valuation

by Gulnoza Sobirova
December 17, 2024
in Startups, News
Reading Time: 1 min read
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Deepen Startup Secures Funding with a $750,000 Valuation
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The Deepen startup has attracted investments from CS// Angels Club and South Korean investors, according to the business angels club. The company plans to use the funds to further develop its fitness industry automation solutions and expand its presence in regional markets.

Key Highlights:
  • Scaling Up: The Deepen ERP system has been implemented in over 60 fitness studios across Uzbekistan and Kyrgyzstan.
  • International Recognition: Participation in BIBAN24 in Riyadh showcased Deepen’s solutions on the global stage.
  • Investment Valuation: Within one year of operations, the startup reached a valuation of $750,000.
About Deepen

Deepen is the first ERP system for the fitness business in Uzbekistan, automating processes such as class scheduling and payments. The company’s goal is to free fitness studios from routine tasks, enhance customer experience, and accelerate business growth.

About CS// Angels Club

CS// Angels Club is a private business angels club in Uzbekistan. Founded in 2024, the club aims to accelerate the growth of Uzbekistan’s and Central Asia’s tech startup ecosystem by investing in early-stage startups with global ambitions.

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