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NEWS
Hussle's crowd-funding 'overfunded' within days
POSTED 19 Nov 2019 . BY Tom Walker
Jamie Ward (left) and Neil Harmsworth launched Hussle (then called PayAsUGym) in 2011 Credit: Hussle
Online fitness marketplace Hussle has reached overfunded status within days of launching its first ever crowdfunding campaign.

The campaign had hoped to raise £1m from its customers, as part of a wider £8m investment from existing investors.

After an initial private launch, which was restricted to members of the fitness network, the crowdfunding campaign is currently approaching £1.4m and is now expected to close early.

Those investing in the company through the crowdfunding push will join a long list of investors, which includes Channel 4, Concentric, MMC and Albion VC.

According to Hussle CEO, Jamie Ward, the company is set for double digit growth in 2020, as it looks to further expand its reach and operations.

"Our mission is to create a globally trusted fitness brand that helps people make life work out,” Ward said.

To date, Hussle has generated around 2.5 million gym visits from half a million people. The company has partnered with almost 40 per cent of all gyms and health clubs in the UK.

Formerly called PayAsUGym, the company rebranded in May 2019 and since then has secured a number of partnership deals with the likes of telecoms firm Three, retail giant Tesco and budget hotel chain Premier Inn.
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Jobs    News   Products   Magazine
NEWS
Hussle's crowd-funding 'overfunded' within days
POSTED 19 Nov 2019 . BY Tom Walker
Jamie Ward (left) and Neil Harmsworth launched Hussle (then called PayAsUGym) in 2011 Credit: Hussle
Online fitness marketplace Hussle has reached overfunded status within days of launching its first ever crowdfunding campaign.

The campaign had hoped to raise £1m from its customers, as part of a wider £8m investment from existing investors.

After an initial private launch, which was restricted to members of the fitness network, the crowdfunding campaign is currently approaching £1.4m and is now expected to close early.

Those investing in the company through the crowdfunding push will join a long list of investors, which includes Channel 4, Concentric, MMC and Albion VC.

According to Hussle CEO, Jamie Ward, the company is set for double digit growth in 2020, as it looks to further expand its reach and operations.

"Our mission is to create a globally trusted fitness brand that helps people make life work out,” Ward said.

To date, Hussle has generated around 2.5 million gym visits from half a million people. The company has partnered with almost 40 per cent of all gyms and health clubs in the UK.

Formerly called PayAsUGym, the company rebranded in May 2019 and since then has secured a number of partnership deals with the likes of telecoms firm Three, retail giant Tesco and budget hotel chain Premier Inn.
RELATED STORIES
Fiit and Hussle join forces


On-demand fitness app Fiit has partnered with fitness marketplace Hussle, offering Hussle users access to its catalogue of workouts.
Independent report on fitness aggregation to be launched in February


A white paper, charting the effects of intermediary services – or aggregators – in the fitness sector will be published on 10 February.
Aggregation in Fitness report: one in five join a gym after using marketplace


A study charting the effects of intermediary services – or aggregators – in the fitness sector has revealed that 21 out of every 100 users will go on to join a gym directly.
Premier Inn partners with Hussle – rolls out gym access across its 800 hotels


Budget hotel operator Premier Inn has officially signed a nationwide partnership with online fitness marketplace Hussle, which will see all Premier Inn guests gain access to Hussle's network of gyms.
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Global group exercise specialist, Les Mills, is inviting operators to sign up to its Workout for the World event on 20 June, in support of UNICEF.
HUM2N opens longevity clinic at Six Senses London
Global luxury hospitality brand, Six Senses, has partnered with longevity healthcare provider, HUM2N, to launch a clinic at Six Senses London, at The Whiteley.
KX Chelsea invests £15 million to upgrade its wellness offering
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Researchers identify a drug which reduces muscle loss when using GLP-1 medications
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