UF startup Peerfit, a Tampa-based digital health company, has raised $10 million in a funding round led by Tampa Bay Lightning owner Jeff Vinik and Virgo Investment Group, a San Francisco-based investment firm.
Vinik and Virgo, who had each led previously funding rounds for Peerfit, were joined by other existing shareholders in the latest round, said Ed Buckley III, Peerfit chairman and CEO.
The most recent capital was in the form of debt and options, according to a regulatory filing.
“We consider it a bridge round to ultimately convert into a Series D later this year, much like we’ve been approaching capital raising in the past. Every priced round with a letter has had a bridge convertible note round leading into it,” Buckley said.Learn more about Jeff Vinik, San Francisco Investors Up Their Stakes in Peerfit.