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Topic: Start-Ups

Entrepreneur Tech: iPhone apps from savvy startups

Summary: Startups are creating innovative mobile apps destined for success. This week, 17-year-old Nick D'Alosio sold his Summly app to Yahoo for about $30 million. We look at other iPhone apps created by startups that could also be in the same position one day.

Eileen Brown

By Eileen Brown for Social Business |

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(Image: GymPact)

Gympact

GymPact, based in San Francisco, California, sets a committment for you to go to the gym — with a financial penalty if you don't get there. If you meet your committment, you get a financial reward.

Your penalties go towards paying other GymPact members that meet their exercise commitments. It is integrated with Runkeeper for when you excercise outside.

Founders Yifan Zhang and Geoff Oberhofer secured $118,000 funding in January 2012, with a further $850,000 in June 2012.

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Topics: Start-Ups, Mobility, Software

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3 comments
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  • Yay, 99 cent app that cost how many tens of thousands or more to make?

    The economy is saved!

    Well, Apple is, and some customers whipping out 99 cents are, but I'd hate to be the one who - you know - does the dang work in the first place and for a pittance... people should try working and then realize what their own time really is worth, or else they choose to be slaves.
    HypnoToad72
    Reply Vote

    • Those who can, do. Those who can't

      complain and point fingers.
      baggins_z
      Reply Vote

  • Zero for 13

    Thirteen apps and not a single one that seems the least bit useful or interesting. Did the author just close her eyes and pick 13 apps at random from the app store?
    daniel1948x
    Reply Vote
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