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HealthWagers enables athletes of all shapes and sizes to crowdfund their health. The company launched in September 2012 with a "beat your time" challenge that enables a race participant to compete against themselves for a monetary reward. Brand sponsors of endurance races pay the company fees to create a branded challenge for any timed endurance race across the country that is a distance of 10k or greater. Future initiatives involve mobile deployment, activity tracking and weight management challenges for consumers and an enterprise version for health exchange marketplaces.
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