Egym, The Munich-Based Smart Fitness Startup, Raises $225M From Jared Kushner’s Affinity Partners

Jul 05, 2023•over 2 years ago

Amount Raised

$225 Million

DenverFitnessHealth Care

Description

The technology industry at large might not be in the best of health at the moment, but health and fitness startups appear to be alive and well. EGYM, the Munich-based “smart workout solution” business, has agreed a monster equity investment of €207 million ($225 million), on the back of a very strong year of growth, led by the investment firm started by Jared Kushner.

Company Information

Company

EGYM

Location

Denver, Colorado, United States

About

EGYM is a global fitness technology leader providing fitness and health facilities with intelligent workout solutions. EGYM makes exercising smarter and more efficient with its comprehensive suite of connected gym equipment and digital products that integrate seamlessly with 3rd-party hard- and software. EGYM enables gym owners and operators to leverage a fitness technology ecosystem that delivers a fully connected workout experience for exercisers and drives measurable business and health outcomes on and off the fitness floor.

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Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Egym, The Munich-Based Smart Fitness Startup, Raises $225M From Jared Kushner’s Affinity Partners

Description

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Company Information