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Technogym
Technogym
Technogym
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UNITING THE WORLD OF FITNESS
Health Club Management

Health Club Management

News

Virtuagym eyes expansion following €2.1m funding boost

Health and fitness software provider Virtuagym is targeting significant international growth after securing €2.1m (US$2.3m, £1.5m) in funding from Belgium-based Saffelberg Investments.

Hugo Braam, CEO and co-founder of Dutch firm Virtuagym, said: “This investment will allow us to speed up our international growth and further invest in the development of products and services for our clients, which include gyms, trainers and corporate health services.”

Having launched in 2009, Virtuagym – which previously received funding from Sanoma Ventures, part of Europe’s Sanoma Media Group – has gained steady traction in both the B2B and B2C markets. Its consumer workout app has been downloaded more than seven million times, while on the industry-side, the company currently serves more than 1,800 fitness businesses across 20 countries, including large European fitness chains such as Basic-Fit, HealthCity and Cityfitness.

“Virtuagym provides an innovative SaaS solution in an interesting and rapidly growing vertical,” said Jos Sluys, CEO of Saffelberg Investments.

“It is quite unique in the way it combines both a consumer and professional service in one platform. The company has already proven to be successful in Europe, and with this investment we believe Virtuagym can take their business to the next level, including further expansion into the US.”

Health and fitness software provider Virtuagym is targeting significant international growth after securing €2.1m (US$2.3m, £1.5m) in funding from Belgium-based Saffelberg Investments.
HAF,FIT,IND,TEC
806676_126016.jpg
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Click on a catalogue to view it online
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Diary dates
01-03 Feb 2022
Coventry Building Society Arena, Coventry, United Kingdom
Diary dates
07-10 Apr 2022
Exhibition Centre , Cologne, Germany
Diary dates
15-16 Jun 2022
ExCeL London, London, United Kingdom
Diary dates
01-07 Dec 2022
tbc, Dunedin, New Zealand
Diary dates

News

Virtuagym eyes expansion following €2.1m funding boost

Health and fitness software provider Virtuagym is targeting significant international growth after securing €2.1m (US$2.3m, £1.5m) in funding from Belgium-based Saffelberg Investments.

Hugo Braam, CEO and co-founder of Dutch firm Virtuagym, said: “This investment will allow us to speed up our international growth and further invest in the development of products and services for our clients, which include gyms, trainers and corporate health services.”

Having launched in 2009, Virtuagym – which previously received funding from Sanoma Ventures, part of Europe’s Sanoma Media Group – has gained steady traction in both the B2B and B2C markets. Its consumer workout app has been downloaded more than seven million times, while on the industry-side, the company currently serves more than 1,800 fitness businesses across 20 countries, including large European fitness chains such as Basic-Fit, HealthCity and Cityfitness.

“Virtuagym provides an innovative SaaS solution in an interesting and rapidly growing vertical,” said Jos Sluys, CEO of Saffelberg Investments.

“It is quite unique in the way it combines both a consumer and professional service in one platform. The company has already proven to be successful in Europe, and with this investment we believe Virtuagym can take their business to the next level, including further expansion into the US.”

Health and fitness software provider Virtuagym is targeting significant international growth after securing €2.1m (US$2.3m, £1.5m) in funding from Belgium-based Saffelberg Investments.
HAF,FIT,IND,TEC
806676_126016.jpg

News

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HCM Magazine
Sponsored
Technogym’s Biocircuit offers a range of time-controlled and time-free circuits using the Biostrength line, with its Biodrive AI technology, delivering customised workouts
HCM Magazine
HCM People
It makes services and tech more accessible and affordable for wellness professionals
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Interview
Urban Gym Group sees health, fitness and wellness converging and is ready to seize these opportunities. Its co-CEOs tell to Kate Cracknell, ‘if we can’t build it, we’ll buy it’
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This has always been a creative, driven sector, but the pressures of the pandemic have inspired a new outpouring of creativity, leading to the emergence of new models, partnerships and concepts
HCM Magazine
HCM magazine
Can partnerships and affiliations with less obvious companies, such as fast food brands, help the industry tap into a new demographic, or is the potential for them to compromise our reputation too big a risk to take? asks Abi Harris
HCM magazine
NICE has done a U-turn on its controversial guidelines for treating Chronic Fatigue Syndrome, saying that physical activity or therapy should not now be routinely prescribed for patients
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Opinion
promotion
FitnessOnDemand’s divisional vice president Uday Anumalachetty discusses what live fitness really means for clubs and their members today
Opinion: Why we need to reimagine what live fitness really means
Featured supplier news
Featured supplier news: Fives Soccer Centres debuts new ‘personal development’ concepts
Five-a-side soccer operator Fives has unveiled its inaugural Pinnacle Gym and announced the roll-out of its digital football concept, as part of the brand’s drive to bring an ethos of personal development into its centres.
Featured supplier news
Featured supplier news: Revamped Fitline Maassluis health club equipped by Core Health & Fitness
An iconic Dutch fitness centre that first opened 32 years ago has received an extensive overhaul following a vicious fire.
Featured operator news
Featured operator news: Being active helps Parkwood Leisure customers save the NHS £16m
Parkwood Leisure, one of the UK’s leading public leisure facilities operators, helped prevent more than 7,000 cases of stroke, dementia, depression and type 2 diabetes in 2019, saving the NHS £16 million, a new social value report has shown.
Featured operator news
Featured operator news: Everyone Active generates £342m in social value
Award-winning leisure operator Everyone Active generated £342million in social value at its sites across the country in 2019/20.
Company profiles
Company profile: FunXtion International BV
With our digital member solutions, branded app and branded virtual classes your clients can now ...
Company profiles
Company profile: ServiceSport (UK) Ltd
ServiceSport (UK) Ltd specialises in maintaining, servicing and re-manufacturing all brands of cardiovascular and resistance ...
Catalogue Gallery
Click on a catalogue to view it online
Directory
Flooring
Total Vibration Solutions / TVS Sports Surfaces: Flooring
Wearable technology solutions
MyZone: Wearable technology solutions
Whole body cryotherapy
Art of Cryo: Whole body cryotherapy
Red Light Therapy
 Red Light Rising: Red Light Therapy
Architects/designers
Zynk Design Consultants: Architects/designers
trade associations
International SPA Association - iSPA: trade associations
Lockers/interior design
Crown Sports Lockers: Lockers/interior design
Skincare
Comfort Zone - Davines S.p.A: Skincare
Management software
Premier Software Solutions: Management software
Spa software
SpaBooker: Spa software
Property & Tenders
Welwyn Garden City
Welwyn Hatfield Borough Council
Property & Tenders
Newport, Shropshire
Lilleshall Sports Academy
Property & Tenders
Diary dates
01-03 Feb 2022
Coventry Building Society Arena, Coventry, United Kingdom
Diary dates
07-10 Apr 2022
Exhibition Centre , Cologne, Germany
Diary dates
15-16 Jun 2022
ExCeL London, London, United Kingdom
Diary dates
01-07 Dec 2022
tbc, Dunedin, New Zealand
Diary dates
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