The second-largest gym company in Latin America
Bodytech, the second-largest gym company in Latin America, was created in 1997 by Nicolás Loaiza and Gigliola Aycardi as part of their MBA graduation project for the University of the Andes in Bogota, Colombia. Currently, it has more than 75 locations in Colombia, 18 in Peru, and 48 in Chile. Its aim is to help more people in Latin America improve their health and well-being through exercise and improved nutrition. Bodytech's offerings include full service gyms, high performance gyms, gyms for children and Life Fitness gym products sold for personal and commercial use. Bodytech is focused on building full-service gym locations across Latin America with offerings such as advanced cardio and weight training, group fitness classes, swimming pools, saunas and spa services. In addition, Bodytech has a network of doctors, physiotherapists, and nutritionists to provide integrated health services to its members. Bodytech is an active member of Endeavor, the leading high-impact entrepreneurship network around the world. Aycardi and Loaiza were nominees to the World Entrepreneur of the Year Award from Ernst & Young in 2015.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Apr 1, 2016 | Series B | — | 1 | L Catterton | — | Detail |
Investor Name | Lead Investor | Funding Round |
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L Catterton | Yes | Series B |