EGYM

company

About

EGYM develops and manufactures the most advanced smart connected strength training equipment using high-tech software designed.

  • 251 - 500

Details

Last Funding Type
Debt Financing
Last Funding Money Raised
€25M
Industries
Fitness,Sports,Wellness
Founded date
Jan 1, 2010
Number Of Employee
251 - 500
Operating Status
Active

EGYM makes the gym work for everyone. They provide gym operators, trainers and members with the technology to advance the user experience and thus make gyms more profitable. There is their own EGYM cloud where they connect all hardware on the training floor (supplier independent) into one cloud and they provide trainers and members via their Trainer App and Member App access to that data. As the strength area is typically purely mechanical they have even developed their own smart strength machines-connected to their cloud as well.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
5
€53M $101M
EGYM has raised a total of €53M $101M in funding over 2 rounds. Their latest funding was raised on Sep 16, 2021 from a Series E round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 16, 2021 Series E $41M 1 Detail
Jan 1, 2021 Series Unknown €28M 1 Detail
Dec 14, 2017 Debt Financing €25M 1 European Investment Bank Detail
Mar 21, 2016 Series C $45M 1 Detail
Jul 21, 2014 Series B $15M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
3
EGYM is funded by 3 investors. European Investment Bank and Kreos Capital are the most recent investors.
Investor Name Lead Investor Funding Round
European Investment Bank Yes Debt Financing
Kreos Capital Series E
Bayern Kapital Series Unknown