Zimmer MedizinSysteme GmbH / icelab
Zimmer MedizinSysteme GmbH / icelab
Zimmer MedizinSysteme GmbH / icelab
Health Club Management

Health Club Management

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UNITING THE WORLD OF FITNESS
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Health Club Management

Health Club Management

News

Glofox raises US$10m to fund US expansion

Fitness software startup Glofox has secured a US$10m worth of Series A funding.

Led by Octopus Ventures – and supported by Partech, Notion Capital and Tribal VC – the funding round will be used to expand Glofox's US presence.

Glofox will continue to build out its Los Angeles HQ, as well as allocate funds to product development. The company will also use the funds to increase marketing efforts and fill key leadership positions.

The software has been designed to assist both independent, small boutique fitness studios and larger, global franchise operations.

It has been designed to provide operators with critical insights into what members want and need, while streamlining administrative processes by allowing them to manage booking, payments, new leads and memberships.

The software is currently used by studios in 43 countries, with around 10m classes booked through the platform each year. Clients include F45 studios and Elite Bodyworks.

“The fundraising is a really exciting step for the company,” said Glofox founder and CEO Conor O’Loughlin.

“We’ve spent years optimizing Glofox for boutique gym owners, and we’re planning to use the funding to ensure Glofox can scale with our partners as they grow their business, while continually offering the features they need to maintain authentic relationships with customers.”

Marieke Christmann of Octopus Ventures added: “Glofox enables fitness entrepreneurs to run their businesses successfully and efficiently so they can focus on their passion – to help their customers get fit and stay healthy.

"At the moment boutique studios have to battle with a number of not-for-purpose and isolated applications. With Glofox, boutique studios can manage key business functions and provide a premium customer experience seamlessly.

“While traditional membership gyms are growing at 5 per cent, the boutique market is up 25 per cent, which gives us confidence that the team can transform this startup into a large software player."

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Fitness software startup Glofox has secured a US$10m worth of Series A funding.
HAF,FIT,IND,PTS,SAM,PHR,TEC
imagesX/THUMB341837_836524_490277.jpg
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News

Glofox raises US$10m to fund US expansion

Fitness software startup Glofox has secured a US$10m worth of Series A funding.

Led by Octopus Ventures – and supported by Partech, Notion Capital and Tribal VC – the funding round will be used to expand Glofox's US presence.

Glofox will continue to build out its Los Angeles HQ, as well as allocate funds to product development. The company will also use the funds to increase marketing efforts and fill key leadership positions.

The software has been designed to assist both independent, small boutique fitness studios and larger, global franchise operations.

It has been designed to provide operators with critical insights into what members want and need, while streamlining administrative processes by allowing them to manage booking, payments, new leads and memberships.

The software is currently used by studios in 43 countries, with around 10m classes booked through the platform each year. Clients include F45 studios and Elite Bodyworks.

“The fundraising is a really exciting step for the company,” said Glofox founder and CEO Conor O’Loughlin.

“We’ve spent years optimizing Glofox for boutique gym owners, and we’re planning to use the funding to ensure Glofox can scale with our partners as they grow their business, while continually offering the features they need to maintain authentic relationships with customers.”

Marieke Christmann of Octopus Ventures added: “Glofox enables fitness entrepreneurs to run their businesses successfully and efficiently so they can focus on their passion – to help their customers get fit and stay healthy.

"At the moment boutique studios have to battle with a number of not-for-purpose and isolated applications. With Glofox, boutique studios can manage key business functions and provide a premium customer experience seamlessly.

“While traditional membership gyms are growing at 5 per cent, the boutique market is up 25 per cent, which gives us confidence that the team can transform this startup into a large software player."

Sign up for FREE ezines & magazines
Fitness software startup Glofox has secured a US$10m worth of Series A funding.
HAF,FIT,IND,PTS,SAM,PHR,TEC
imagesX/THUMB341837_836524_490277.jpg

News

The number of people in the US with a health club membership has increased by
DW Fitness First has extended its partnership with corporate fitness sales specialist Gympass, to increase
A global touch study has been launched to “explore our attitudes towards the physical experience
Food labelling that shows the amount of exercise needed to burn off the calories in
The team at unusually named studio //3877 has created a boxing gym in Washington, D.C.,
Boutique fitness operator Barry's is entering the indoor cycling market with Barry's Ride – a
MyZone
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Getting fit together could be the secret for a long happy relationship. A new study
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1 - 15 of 11,272
Features
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It was important we offer a true health club experience by creating a social environment to differentiate us from other leisure facilities - Ian Riches, club director, Odyssey Health Club
Features
HCM research
You could help members reduce feelings of sadness, conquer binge-eating and improve self-control, using learnings from the Journal of Consumer Psychology, reports Megan Whitby
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Class Boutique Fitness has collaborated with Physical Company to create a boutique studio offering that’s as inclusive as it is effective
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HCM talks to Fraser Smith about founding his studio and why he picked miha bodytec as his supplier and EMS training for his USP
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We have 14 rockstar instructors, all freelance but all working for us on an exclusive basis, and haven’t lost a single one of them since we opened. We pay them well – they can earn €100+ for a full class. But even more important than that, they all feel involved in the business
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Awakn: Founder and CEO
Years of studying the greats – Michael Jordan, Kobe Bryant, Albert Einstein, Steve Jobs – combined with my own life lessons – led to the Awakn 7 pillars process and my goal to Awakn London
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One day, as our estate continues to grow, it might even be that we create an Evolution Wellness membership and app – a way of aggregating across the total portfolio, allowing people to consume any of our brands by using credits from their digital membership
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Job search
POST YOUR JOB
Featured supplier news
Featured supplier: RLSS UK - First choice for all aquatic rescue, pool management, first aid qualifications and training
The Royal Life Saving Society UK (RLSS UK) is proud to be the industry leader in water-related safety qualifications and training. More than 40,000 pool lifeguards qualify with an RLSS UK National Pool Lifeguard Qualification (NPLQ) every year.
Featured supplier news
Featured supplier: ZIVA & Physical Company: A new partnership to meet all needs
Physical Company and ZIVA have announced a new distribution partnership that will see Physical Company become the exclusive UK distributor of ZIVA's commercial products.
Video Gallery
Wattbike AtomX
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Join our tribe. Become powered by Wattbike. Read more
More videos:
Company profiles
Company profile: Wattbike
Wattbike is the creator of the world’s most advanced and innovative indoor bikes, developed in ...
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Catalogue Gallery
Click on a catalogue to view it online
Directory
Flooring
Total Vibration Solutions / TVS Sports Surfaces: Flooring
Management software
Fisikal: Management software
Gym flooring
REGUPOL/Berleburger Schaumstoffwerk (BSW): Gym flooring
Lockers/interior design
Fitlockers: Lockers/interior design
Trade associations
International SPA Association - iSPA: Trade associations
Skincare
Sothys: Skincare
Independent service & maintenance
Servicesport UK Limited: Independent service & maintenance
Audio visual
Hutchison Technologies: Audio visual
Hydrotherapy / spa fragrances
Kemitron GmbH: Hydrotherapy / spa fragrances
Fitness software
Go Do.Fitness: Fitness software
Property & Tenders
Derby City Council
Property & Tenders
Diary dates
06-07 Mar 2020
Palazzo del Ghiaccio, Milan, Italy
Diary dates
23-25 Mar 2020
Hilton, Barcelona, Spain
Diary dates
25 Mar 2020
Executive Boardroom, Middlesex University, London, United Kingdom
Diary dates
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26-29 Mar 2020
The Winter Gardens Blackpool, Blackpool , United Kingdom
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Diary dates
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Diary dates
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ExCeL London, London, United Kingdom
Diary dates
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Zimmer MedizinSysteme GmbH / icelab
Zimmer MedizinSysteme GmbH / icelab