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 don't make their goals. The money that users must pay for missing their goals is given as rewards to those who make their goals. The app tracks a user's progress and then pays users who stick to their goals, while debiting those who don't. Users are, on average, awarded 30 to 50 cents for each activity completed, according to the press release.

Starting this year, the company launched two new pacts for the user to join: the veggie pact and the food logging pact. To participate in the veggie pact, users must take a picture of their meal and have it verified by the Pact community, and the food logging pact just requires users to track their meals (via MyFitnessPal) which the company says is a proven way to reach weight loss goals.

CEO and Cofounder Yifan Zhang told TechCrunch that Pact has been beta testing its two new features for three months and believes the new features are just as effective at helping people consistently eat healthier as they are at getting people to work out.

The app launched its iOS platform at the end of 2013 and added their Android platform in early 2013. Thus far, the community has logged 4.6 million workouts, 347 meals, and 20,000 fruits and vegetables. Pact boasts a 92 percent success rate of its users.

Pact integrates with FitBit, MyFitnessPal, Moves, MapMyFitness, RunKeeper, and Jawbone UP.