GymPact rebrands as Pact, raises $1.5M

Fitness incentivizing app GymPact has rebranded, changing its name to Pact and raised $1.5 million in a round led by Khosla Ventures and PayPal alum Max Levchin. This brings their total funding to $2.5 million. Until now, Pact has offered users money only for exercising more, just so long as these users pay $5 if they […]