Exercise Professionals - Glofox raises US$10m to fund US expansion...
23 Jul 2019 Exercise professionals: News, jobs and training
 
 
HOME
JOBS
NEWS
FEATURES
PRODUCTS
FREE DIGITAL SUBSCRIPTION
PRINT SUBSCRIPTION
ADVERTISE
CONTACT US
Sign up for FREE ezine
Latest news

14 May 2019

Glofox raises US$10m to fund US expansion
BY Tom Walker

The software has been designed to assist independent, small boutique fitness studios as well as larger, global franchise operations

The software has been designed to assist independent, small boutique fitness studios as well as larger, global franchise operations

Fitness software startup Glofox has secured a US$10m worth of Series A funding.

Led by Octopus Ventures – and supported by Partech, Notion Capital and Tribal VC – the funding round will be used to expand Glofox's US presence.

Glofox will continue to build out its Los Angeles HQ, as well as allocate funds to product development. The company will also use the funds to increase marketing efforts and fill key leadership positions.

The software has been designed to assist both independent, small boutique fitness studios and larger, global franchise operations.

It has been designed to provide operators with critical insights into what members want and need, while streamlining administrative processes by allowing them to manage booking, payments, new leads and memberships.

The software is currently used by studios in 43 countries, with around 10m classes booked through the platform each year. Clients include F45 studios and Elite Bodyworks.

“The fundraising is a really exciting step for the company,” said Glofox founder and CEO Conor O’Loughlin.

“We’ve spent years optimizing Glofox for boutique gym owners, and we’re planning to use the funding to ensure Glofox can scale with our partners as they grow their business, while continually offering the features they need to maintain authentic relationships with customers.”

Marieke Christmann of Octopus Ventures added: “Glofox enables fitness entrepreneurs to run their businesses successfully and efficiently so they can focus on their passion – to help their customers get fit and stay healthy.

"At the moment boutique studios have to battle with a number of not-for-purpose and isolated applications. With Glofox, boutique studios can manage key business functions and provide a premium customer experience seamlessly.

“While traditional membership gyms are growing at 5 per cent, the boutique market is up 25 per cent, which gives us confidence that the team can transform this startup into a large software player."



Connect with
Exercise Professionals
Magazine:
View issue contents
Sign up:
Instant Alerts/zines

Print edition
 

News headlines
Researchers use social media and AI to gain insight into people's exercise habits
Researchers use social media and AI to gain insight into people's exercise habits   23 Jul 2019

Boston University School of Public Health (BUSPH) has combined social media posts and machine learning to chart entire populations' exercise habits. .... more>>
Gold's Gym parts ways with master franchisee for UAE and Oman
Gold's Gym parts ways with master franchisee for UAE and Oman   23 Jul 2019

Fitness operator Gold's Gym International has parted ways with master franchisee Al Ahli Holding Group, which oversaw the operations of 14 branded .... more>>
Interactive map reveals 'alarming picture of childhood inactivity' across England
Interactive map reveals 'alarming picture of childhood inactivity' across England   22 Jul 2019

A new interactive map charting physical activity among children in England reveals that more than 90 per cent of young people in some regions are .... more>>
Think tank: NHS should prescribe patients with fitness trackers to help prevent long-term conditions
Think tank: NHS should prescribe patients with fitness trackers to help prevent long-term conditions   22 Jul 2019

Patients from low-income backgrounds should be prescribed fitness trackers on the NHS, in order to help prevent the development of long-term health .... more>>
Former president Chris Clawson returns to Life Fitness as CEO. Augie Nieto invests and joins the Board.
Former president Chris Clawson returns to Life Fitness as CEO. Augie Nieto invests and joins the Board.   18 Jul 2019

Life Fitness has appointed Chris Clawson as its CEO, succeeding the outgoing Jason Worthy. Clawson previously served as President of Life Fitness – .... more>>
Physical activity boosts brain function in overweight individuals
Physical activity boosts brain function in overweight individuals   18 Jul 2019

Exercise has the ability to improve brain function in previously sedentary, overweight individuals. The University of Tübingen in Germany studied .... more>>
Company profile


Rephouse Europa Ltd

Neoflex® Fitness Flooring is a premium quality rubber floor suitable for cardio and strength areas, High Impact Tiles for free-weight areas, freestyle and group exercise areas.

View full profile>>

Catalogue gallery


Featured Supplier

Moving with ease and style

Moving with ease and style

Beauty therapists getting dressed for work in the morning need a quick, hassle-free comfortable uniform solution. More>>




in this issue

• David Lloyd commits to 'silver fitness'
• Boutique operator Ten to 'double in size'
• Roman answer to Jorvik planned for York



Latest jobs

Jobs Search



Personal Trainer / Fitness Trainer
Salary: 100% of your PT earnings
Location: Vauxhall, London, UK
Company: The Gym Group
Senior Partnership Manager
Salary: £33,627 to £35,774
Location: Shropshire, UK
Company: Energize STW
Personal Trainer / Fitness Trainer
Salary: 100% of your PT earnings
Location: Southall, UK
Company: The Gym Group
Personal trainer
Location: Glasgow, UK
Company: énergie group
Diary dates
Powered by leisurediary.com




23-25 Jul 2019

National Sports Convention (NSC)

Melbourne Convention and Exhibition Centre, Melbourne, Australia


25-26 Jul 2019

Fitness Industry Technology Summit

Dockside, Sydney, Australia



Health Club Management magazine 2019 issue 7
Health Club Management
2019 issue 7

View issue contents
View on turning pages
Download PDF
  Investment: Active campus
University is where young people discover lifelong passions. Check out some of the new facilities promoting activity and wellness on campus More>>
  Franchising: Crying out
Exercising can be difficult with a new baby. We look at the exercise concepts helping new mums to stay active More>>


Health Club Management magazine 2019 issue 6

Health Club Management
2019 issue 6

View issue contents
View turning pages
Download PDF
  On the Cover: Chris Hemsworth
Train like Thor – the most googled workout – is now available via his new Centre app More>>
  Promotional feature: miha bodytech
We catch up with Phil Horton, country director for miha bodytec in the UK to talk about the growth of EMS training and to find out what’s next for the UK market More>>


Published by The Leisure Media Company Ltd Portmill House, Portmill Lane, Hitchin, Herts SG5 1DJ. Tel: +44 (0)1462 431385 | Contact us | About us | © Cybertrek Ltd