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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

eGym nets €25m for research and development

Prevention and improving personal levels of fitness are becoming more and more important for large audiences
– Philipp Roesch-Schlanderer, CEO, eGym

Fitness kit and software supplier eGym will receive up to €25m (US$30m, £22.2m) in financing to support its R&D and engineering.

The investment from the European Investment Bank (EIB) will also facilitate the expansion of eGym’s assembly and production facility.

eGym was founded seven years ago in Munich, Germany, but now operates across 13 European countries and the US.

It manufactures electric resistance machine circuits supported by software updates and utilises an open cloud platform to connect machines produced by third parties, in order to optimise fitness training and monitoring.

“eGym uses cutting-edge technology to create complete fitness ecosystems, which will help improve European citizens' access to the best available wellbeing and health equipment," said Ambroise Fayolle, vice-president of the EIB responsible for Germany.

"Supporting young and innovative businesses on their way into growth is one of the priorities of the EU bank because these companies create the employment for the future."

eGym chief executive Philipp Roesch-Schlanderer said: “From day one it's been eGym’s vision to make the gym work for everyone and provide users with the best training experience possible.

“Today, we see that prevention and improving personal levels of fitness are becoming more and more important for large audiences.”

Sign up here to get HCM's weekly ezine and every issue of HCM magazine free on digital.
Company Details
eGym
eGym has developed a unique cloud-based, ecosystem of software and smart connected gym equipment for health clubs and other fitness facilities – delivering great results for members and higher profits for owners. By integrating software training programmes into strength training equipment, eGym offers in-depth member training information through the eGym Trainer app and eGym Fitness app. eGym’s automated training experience has progression built-in to ensure every training plan is optimised for each individual’s goals and needs, resulting in improved member motivation and engagement.
Address
Canterbury Court, Kennington Park, 1-3 Brixton Rd, London SW9 6DE
Telephone
+44 (0)203 701 4267
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News

eGym nets €25m for research and development

Prevention and improving personal levels of fitness are becoming more and more important for large audiences
– Philipp Roesch-Schlanderer, CEO, eGym

Fitness kit and software supplier eGym will receive up to €25m (US$30m, £22.2m) in financing to support its R&D and engineering.

The investment from the European Investment Bank (EIB) will also facilitate the expansion of eGym’s assembly and production facility.

eGym was founded seven years ago in Munich, Germany, but now operates across 13 European countries and the US.

It manufactures electric resistance machine circuits supported by software updates and utilises an open cloud platform to connect machines produced by third parties, in order to optimise fitness training and monitoring.

“eGym uses cutting-edge technology to create complete fitness ecosystems, which will help improve European citizens' access to the best available wellbeing and health equipment," said Ambroise Fayolle, vice-president of the EIB responsible for Germany.

"Supporting young and innovative businesses on their way into growth is one of the priorities of the EU bank because these companies create the employment for the future."

eGym chief executive Philipp Roesch-Schlanderer said: “From day one it's been eGym’s vision to make the gym work for everyone and provide users with the best training experience possible.

“Today, we see that prevention and improving personal levels of fitness are becoming more and more important for large audiences.”

Sign up here to get HCM's weekly ezine and every issue of HCM magazine free on digital.
Company Details
eGym
eGym has developed a unique cloud-based, ecosystem of software and smart connected gym equipment for health clubs and other fitness facilities – delivering great results for members and higher profits for owners. By integrating software training programmes into strength training equipment, eGym offers in-depth member training information through the eGym Trainer app and eGym Fitness app. eGym’s automated training experience has progression built-in to ensure every training plan is optimised for each individual’s goals and needs, resulting in improved member motivation and engagement.
Address
Canterbury Court, Kennington Park, 1-3 Brixton Rd, London SW9 6DE
Telephone
+44 (0)203 701 4267
Related news

EGYM presents Corona Gym Solution, for the successful re-opening of fitness studios

22 May 2020
• New training program Immunity Boost to strengthen the immune system • Mobile training slot ...

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News

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This year's UK government Spending Review, announced in Parliament by chancellor Rishi Sunak on 25
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Closing gyms and leisure facilities during any possible future lockdown would be "unthinkable", according to
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Nick Whitcombe

Founder, Body Tech Fitness
I’ve been in the industry for a decade and it’s the first time I’ve seen it truly unified from the top to the bottom
HCM magazine
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Harley Pasternak

Trainer and author
Having someone just feeling comfortable walking into the gym is important
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Opinion
promotion
With January now close on the horizon your thoughts will be firmly focused on sales campaigns to attract new members through your doors in the new year rush.
Opinion: Sealing the Leaky Bucket – 7 Research-Based Tips for Retaining New Members in January 2021
Featured supplier news
Featured supplier: Active IQ launches End-point Assessor qualification
Active IQ has launched its Level 3 Award in Understanding the Development and Delivery of End-point Assessment to meet the increasing demands for skilled assessors in this emerging area.
Featured supplier news
Featured supplier: Dr Paul Bedford announces Retention Convention will go virtual for 2020
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Company profiles
Company profile: fibodo Limited
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Company profile: IONTO Health & Beauty GmbH
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Click on a catalogue to view it online
Directory
Red Light Therapy
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Design consultants
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Lockers/interior design
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Member feedback software
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Management software
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Bankside Open Spaces Trust
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Waltham Abbey, Essex
Lee Valley Regional Park Authority
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Diary dates
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Diary dates
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Diary dates
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Diary dates
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Diary dates
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