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TVS Sports Surfaces
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Health Club Management

Health Club Management

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Health Club Management

Health Club Management

News

eGym raises US$20m to grow fitness platform in the US

Germany-based fitness startup eGym has secured US$20m (€18m, £15m) worth of financing led by NGP Capital.

eGym, which provides fitness equipment and software-based training solutions to health clubs, will use the funding to "aggressively accelerate" its international expansion, with a focus on the US market as well as the corporate wellness offering. The company currently supplies its training products to nearly 14,000 gyms and businesses across Europe and the US.

As well as NGP Capital, the latest round of funding was supported by existing investors Highland Europe and HPE Growth Capital.

"The US is by far the largest market for eGym, and we need to be there,” said eGym co-founder and CEO Philipp Roesch-Schlanderer.

“Working with NGP Capital, we now have a knowledgeable digital health investor with an extensive US network to help guide our global expansion efforts.

"We have an ambitious vision, because we want to solve two problems that we believe are interlinked – health care costs are skyrocketing and existing fitness solutions often fail to deliver outcomes.

"Therefore we are building a gym platform that allows global goers to achieve their training goals and connect that to the corporates via our corporate wellness marketplace”.

eGym provides fully electronic strength machines, eGym mobile Apps, and eGym ONE, an open cloud platform that connects to services and devices both inside and outside the gym.

Companies that have partnered with the ONE Cloud include Precor, Matrix Fitness and Life Fitness.

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Germany-based fitness startup eGym has secured US$20m (€18m, £15m) worth of financing led by NGP Capital.
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News

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Active IQ
Active IQ
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Alliance Leisure
Alliance Leisure
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Les Mills
Les Mills
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Features
Wellness
88 per cent of sector employers believe exercise professionals could be better supported to work with older adults
Features
Flooring
The feel of a certain surface under a member’s feet can unconsciously put them in the right headspace to workout. We take a look at the latest flooring projects inspiring members to move...
Features
Trends
Is going sub-zero the next big thing in health clubs? We take a closer look at the benefits of cryotherapy and some of the options on offer if you’re thinking of making the leap into the big chill
Features
Report
What role can sport and physical activity play in preventing crime and anti-social behaviour – and are our prisons making the most of this opportunity to change lives? Kate Cracknell reports
Features
feature
Calisthenics: is it just for hardmen, or is it an alternative activity that could appeal to your crossfitters or those in your free weights area? Kath Hudson reports
Features
feature
The IHRSA European Congress, which takes place next month in Lisbon, Portugal, is a must-attend, must-experience event for industry leaders doing business in Europe says IHRSA’s Kristen Walsh
Features
feature
How far is the health club industry from completing its evolution from a niche sector to a mass mainstream movement?
Features
Supplier showcase
GoCardless & Speedflex
Features
People
People profile
You can do lots of great stuff, but find there are still large numbers of people who don’t engage. If you can start to understand why, then you’re onto something
People
Interview
I don’t think the American boutiques will come to London. I don’t think the way they do things translates and their model isn’t quite right for London either. I think it’s best we leave them to it, and hopefully they’ll leave us to it as well
People
People profile
I think we’ll start to see more pay-as-you-go concepts, as they offer better value for money and flexibility. HIIT will stay popular and we will see more use of data in workouts to engage people
People
Interview
Every Blaze participant wears their own Myzone heart rate belt, which monitors their pulse and shows work rate in easy to understand colour zones
People
People profile
As long as people do the 30-minute circuit, twice a week, they are guaranteed results, and that’s a simple message to get across
People
Profile
We’re focusing on a clustering strategy to ensure our members have got the choice and convenience of having a club near to home and also one which is near to where they work
People
People profile
We've incorporated mental health and wellbeing into the whole Mindset experience
People
People profile
We don’t sell the transformational dream: our core message to people is the importance of creating a new lifestyle and being fit for life
People
People profile
Bear Grylls and Chris St George both served in the British Army. Their experience, combined with a results-driven offering, will engage people in exercise - Dave Stalker
People
Promotional Feature
Promotional feature
It became fairly obvious that the interactive nature of riding a bike meant that with THE TRIP, we could literally take our guests on a wild ride - Mike Mizrahi, director, Inside Out
Directory
Hydrotherapy / spa fragrances
Kemitron GmbH: Hydrotherapy / spa fragrances
Computer solutions
EZ-Runner Systems Ltd: Computer solutions
Direct debit solutions
Harlands Group: Direct debit solutions
Spa software
SpaBooker: Spa software
Independent service & maintenance
Servicesport UK Limited: Independent service & maintenance
Audio visual
Lightmasters UK Ltd: Audio visual
Lockers/interior design
Fitlockers: Lockers/interior design
Flooring
Total Vibration Solutions Ltd: Flooring
Trade associations
International SPA Association - iSPA: Trade associations
Member access schemes
Move GB: Member access schemes
Catalogue Gallery
Click on a catalogue to view it online
Featured suppliers
Featured supplier: Matrix Fitness launches range of Target Training Cycles to UK market
Matrix Fitness is set to transform the indoor cycling class with the launch of its Target Training Cycles.
Featured suppliers
Featured supplier: GoCardless becomes Direct Debit provider for King’s College and 1610 Active
Recurring payments platform GoCardless has become the Direct Debit provider for both 1610 Active and King’s Sport Gyms.
Company profiles
Company profile: MoveGB
Move is the online fitness platform where consumers go to get active, and operators collaborate ...
Company profiles
Company profile: Focus Training
Focus Training is a leading provider of Active IQ and YMCA Awards certified Personal Trainer ...
Property & Tenders
White Rocks, Hastings
GVA
Property & Tenders
Diary dates
22-24 Jan 2019
Harrogate Convention Centre, Harrogate, United Kingdom
Diary dates
28-29 Jan 2019
Radisson Blu Hotel, London Stansted, Stansted, United Kingdom
Diary dates
Job search
TVS Sports Surfaces
TVS Sports Surfaces