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Hedgehog Concept Ltd
Hedgehog Concept Ltd
Hedgehog Concept Ltd
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 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.

Sign up for FREE ezines & magazines
Germany-based fitness startup eGym has secured US$20m (€18m, £15m) worth of financing led by NGP Capital.
HAF,FIT,IND,PTS,SAM,TEC
imagesX/THUMB339858_246213_60603.jpg
Latest News
Technogym has announced the launch of live and on-demand classes. The new content will be ...
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Prime Minister Boris Johnson has announced that gyms may be able to reopen in a ...
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The PGA Tour has recently bought 1,000 Whoop bands for its golfers, after PGA Tour ...
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ukactive has announced that Active Uprising and the National Summit are going digital as part ...
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Industry body ukactive has today (1 July) hosted a delegation of government and public health ...
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Health and fitness company Ingesport – which operates the GO fit chain of gyms in ...
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Mountainside Fitness in Arizona has filed a lawsuit against state's governor, Doug Ducey, after he ...
Features
feature
What should staff do if they come across people coughing or not obeying the rules? What if their job has changed? For example, do first aiders know the COVID-19 changes to CPR rules?
Features
Supplier showcase
Working with Precor, Aberdeen Sports Village has undergone a £500k overhaul to strengthen the user experience and put digital connectivity at the core of its offering
Features
Statistics
ukactive, 4global and partners have modelled the likely recovery from the lockdown. Ed Hubbard outlines the numbers
Features
Opinion
The over-70s were treated as one homogenous group during the lockdown and advised to shield. Colin Milner, founder and CEO of the International Council on Active Aging says this is leading to an increase in ageism that the industry must fight to overcome
Features
Talking Point
The fitness industry has shown incredible flexibility during lockdown, pivoting to digital to keep people active. But as lockdowns end, we ask what impact the pandemic will have on facility provision
Features
Strength
It’s considered a fundamental part of our fitness routines by medical professionals, but many exercisers, particularly women, are still put off by strength training. We asked leading suppliers what they’re doing to champion strength
Features
Statistics
More than 65,000 people responded to a survey designed to gauge what members want and expect from the sector after lockdown, as Leisure-net’s Dave Monkhouse reports
Features
People
HCM people

Jo Smallwood

general manager, Oldham Leisure Centre
We saw the opportunity to initiate new partnerships with the Oldham Foodbank to help local residents during the COVID-19 crisis. We can’t serve our community in the way we would usually do, so we’ve moved resources to help where people need us most
People
We have one club in Madrid with 27,500 customers and 20,000 people on a two year waiting list
People
HCM people

Ben Lucas

Founder, Flow Athletic, Sydney
We advise our Flow Athletes to complete classes at a ratio of one yoga class to one strength class to one cardio class. This combination has very positive effects
Featured supplier news
Featured supplier: Let's get restarted: Physical Company offers advice on keeping gym members safe
As countries around the world gear up to relax their lockdown rules, there remains a question mark over gyms and studios, which in many markets will be one of the last sectors to be given the green light.
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Video Gallery
Technogym mywellness app
Technogym
Improve your training experience. All your data in a single app. Read more
More videos:
Company profiles
Company profile: TVS Group
The TVS Group supply and install sports and fitness flooring to a wide range of ...
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Company profile: Matrix Fitness
At Matrix Fitness, our goal is to make innovative commercial fitness equipment that stands out ...
Catalogue Gallery
Click on a catalogue to view it online
Directory
Trade associations
International SPA Association - iSPA: Trade associations
Fitness equipment
Stages Cycling: Fitness equipment
Management software
Fisikal: Management software
Wearable technology solutions
MyZone: Wearable technology solutions
Spa software
SpaBooker: Spa software
Lockers/interior design
Fitlockers: Lockers/interior design
Design consultants
Zynk Design Consultants: Design consultants
Flooring
Total Vibration Solutions / TVS Sports Surfaces: Flooring
Whole body cryotherapy
Zimmer MedizinSysteme GmbH / icelab: Whole body cryotherapy
Locking solutions
Monster Padlocks: Locking solutions
Property & Tenders
Greywell, Hampshire
Barnsgrove Health and Wellness Club
Property & Tenders
Derby City Council
Property & Tenders
Diary dates
06-07 Jul 2020
Eastwood Hall, Nottingham, United Kingdom
Diary dates
28-31 Aug 2020
Expo Centre & Riviera di Rimini, Italy
Diary dates
21-24 Sep 2020
Loews Coronado Bay Resort, Coronado, United States
Diary dates
01-02 Oct 2020
Whittlebury Hall, Whittlebury, United Kingdom
Diary dates
11-12 Oct 2020
ExCeL London, London, United Kingdom
Diary dates
17-23 Oct 2020
Pinggu, Beijing, China
Diary dates
27-30 Oct 2020
Messe Stuttgart, Germany
Diary dates
30-31 Oct 2020
NEC, Birmingham, United Kingdom
Diary dates
27-28 Nov 2020
Athena, Leicester, United Kingdom
Diary dates
23-26 Feb 2021
IFEMA, Madrid, Spain
Diary dates

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.

Sign up for FREE ezines & magazines
Germany-based fitness startup eGym has secured US$20m (€18m, £15m) worth of financing led by NGP Capital.
HAF,FIT,IND,PTS,SAM,TEC
imagesX/THUMB339858_246213_60603.jpg

News

Technogym has announced the launch of live and on-demand classes. The new content will be
Prime Minister Boris Johnson has announced that gyms may be able to reopen in a
UK consumer confidence has improved significantly since the beginning of the lockdown, with a fifth
The PGA Tour has recently bought 1,000 Whoop bands for its golfers, after PGA Tour
ukactive has announced that Active Uprising and the National Summit are going digital as part
Industry body ukactive has today (1 July) hosted a delegation of government and public health
SIBEC
SIBEC
• New training program Immunity Boost to strengthen the immune system • Mobile training slot
Health and fitness company Ingesport – which operates the GO fit chain of gyms in
Mountainside Fitness in Arizona has filed a lawsuit against state's governor, Doug Ducey, after he
Physical activity levels in England have continued to fall from those recorded at the initial
Franchise operator Club Pilates has shown that there is growing confidence in the US fitness
Fitness and athletic apparel firm Lululemon will acquire at-home fitness tech firm Mirror in a
Gymbox has broken ranks and announced it will reopen all its gyms on 4 July,
EMD UK
EMD UK
Incorpore and MoveGB are pleased to announce they have entered into a landmark partnership, combining
Stretching and fitness chain Topstretching has opened a large gym and studio on Palm Jumeirah
Gyms and health clubs in Northern Ireland have been given the green light to reopen
A large-scale academic study has concluded that there is "no threat of increased COVID-19 spread"
Focus Training
Focus Training
1 - 15 of 11,498
Features
feature
What should staff do if they come across people coughing or not obeying the rules? What if their job has changed? For example, do first aiders know the COVID-19 changes to CPR rules?
Features
Supplier showcase
Working with Precor, Aberdeen Sports Village has undergone a £500k overhaul to strengthen the user experience and put digital connectivity at the core of its offering
Features
Statistics
ukactive, 4global and partners have modelled the likely recovery from the lockdown. Ed Hubbard outlines the numbers
Features
Opinion
The over-70s were treated as one homogenous group during the lockdown and advised to shield. Colin Milner, founder and CEO of the International Council on Active Aging says this is leading to an increase in ageism that the industry must fight to overcome
Features
Talking Point
The fitness industry has shown incredible flexibility during lockdown, pivoting to digital to keep people active. But as lockdowns end, we ask what impact the pandemic will have on facility provision
Features
Strength
It’s considered a fundamental part of our fitness routines by medical professionals, but many exercisers, particularly women, are still put off by strength training. We asked leading suppliers what they’re doing to champion strength
Features
Statistics
More than 65,000 people responded to a survey designed to gauge what members want and expect from the sector after lockdown, as Leisure-net’s Dave Monkhouse reports
Features
People
HCM people

Jo Smallwood

general manager, Oldham Leisure Centre
We saw the opportunity to initiate new partnerships with the Oldham Foodbank to help local residents during the COVID-19 crisis. We can’t serve our community in the way we would usually do, so we’ve moved resources to help where people need us most
People
We have one club in Madrid with 27,500 customers and 20,000 people on a two year waiting list
People
HCM people

Ben Lucas

Founder, Flow Athletic, Sydney
We advise our Flow Athletes to complete classes at a ratio of one yoga class to one strength class to one cardio class. This combination has very positive effects
People
HCM people

Aaron Smith

Founder, KX Pilates
‘KX’ stands for ‘the Kaizen Experience’, which means ‘change for the better’ in Japanese. It’s a philosophy that focuses on continuous improvement. We’re always seeking to improve, not only as a company but as individuals
People
HCM people

Michael Ramsay

Founder and director, STRONG Rowformer
There’s something about the combination of fast-twitch and slow-twitch fibres working together that absolutely destroys you and gives you an almost euphoric feeling at the end of every workout
People
HCM people

Professor Zhen Yan

director of the Center for Skeletal Muscle Research, University of Virginia
Regular exercise may help people survive COVID-19
People
Around 50% of our members are currently continuing to pay full membership, with another 10% taking up virtual-only digital membership
People
Kate Cracknell talks connected health and digital transformation with Chris Blackwell-Frost, Martin Friend and Rick Crawford from Nuffield Health’s senior management team
People
HCM people

Dr Jonathan Leary

Remedy Place, West Hollywood: Founder and CEO
Remedy Place teaches people how to take care of themselves and gives them the tools they need to be holistically healthy
People
Featured supplier news
Featured supplier: Let's get restarted: Physical Company offers advice on keeping gym members safe
As countries around the world gear up to relax their lockdown rules, there remains a question mark over gyms and studios, which in many markets will be one of the last sectors to be given the green light.
Featured supplier news
Featured supplier: myFitApp launches branded live-streaming as part of its COVID-19 support package
Innovatise, the company behind myFitApp, has announced the immediate availability of its customer- branded live-streaming solution.
Video Gallery
Technogym mywellness app
Technogym
Improve your training experience. All your data in a single app. Read more
More videos:
Company profiles
Company profile: TVS Group
The TVS Group supply and install sports and fitness flooring to a wide range of ...
Company profiles
Company profile: Matrix Fitness
At Matrix Fitness, our goal is to make innovative commercial fitness equipment that stands out ...
Catalogue Gallery
Click on a catalogue to view it online
Directory
Trade associations
International SPA Association - iSPA: Trade associations
Fitness equipment
Stages Cycling: Fitness equipment
Management software
Fisikal: Management software
Wearable technology solutions
MyZone: Wearable technology solutions
Spa software
SpaBooker: Spa software
Lockers/interior design
Fitlockers: Lockers/interior design
Design consultants
Zynk Design Consultants: Design consultants
Flooring
Total Vibration Solutions / TVS Sports Surfaces: Flooring
Whole body cryotherapy
Zimmer MedizinSysteme GmbH / icelab: Whole body cryotherapy
Locking solutions
Monster Padlocks: Locking solutions
Property & Tenders
Greywell, Hampshire
Barnsgrove Health and Wellness Club
Property & Tenders
Derby City Council
Property & Tenders
Diary dates
06-07 Jul 2020
Eastwood Hall, Nottingham, United Kingdom
Diary dates
28-31 Aug 2020
Expo Centre & Riviera di Rimini, Italy
Diary dates
21-24 Sep 2020
Loews Coronado Bay Resort, Coronado, United States
Diary dates
01-02 Oct 2020
Whittlebury Hall, Whittlebury, United Kingdom
Diary dates
11-12 Oct 2020
ExCeL London, London, United Kingdom
Diary dates
17-23 Oct 2020
Pinggu, Beijing, China
Diary dates
27-30 Oct 2020
Messe Stuttgart, Germany
Diary dates
30-31 Oct 2020
NEC, Birmingham, United Kingdom
Diary dates
27-28 Nov 2020
Athena, Leicester, United Kingdom
Diary dates
23-26 Feb 2021
IFEMA, Madrid, Spain
Diary dates
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Hedgehog Concept Ltd
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