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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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  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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A white paper, charting the effects of intermediary services – or aggregators – in the fitness sector will be published on 10 February.
  Fiit and Hussle join forces


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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.
RELATED STORIES
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.
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.
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.
MORE NEWS
Snap Fitness' holding company – Lift Brands – is up for sale
Speaking to HCM, global CEO of Lift Brands, Ty Menzies, has confirmed that the company –  owner of Snap Fitness and Fitness On Demand – is up for sale.
Planet Fitness increases price of basic membership for first time in over 20 years
Planet Fitness has announced the repurchase of 314,000 shares at a rate of US$20 million. The Class A common stocks were repurchased and retired, using cash.
Xponential dumps Geisler as company faces investigation by US Attorney’s Office
Xponential Fitness today indefinitely suspended founder and CEO, Anthony Geisler, saying it had been notified on 7 May that the company is facing a legal challenge by the United States Attorney’s Office for the Central District of California.
Fast Fitness Japan acquires master franchisee rights to Anytime Fitness Germany
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Places Leisure successfully launches myFitApp to enhance member experience
Places Leisure is a leading leisure centre operator with a mission to create active places and healthy people for communities to thrive. [more...]

Empower your team, transform your service – elevate with coaching workshops
In today's competitive fitness landscape, the key to success lies not only in providing exceptional facilities but also in cultivating meaningful interactions with members. [more...]
+ More featured suppliers  
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Serco Leisure

Serco Leisure Operating Limited is one of the UK’s leading national operators of leisure centres, de [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  

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+ More directory  
DIARY

 

18-22 May 2024

Eco Resort Network

The Ravenala Attitude Hotel, Mauritius
23-24 May 2024

European Health Prevention Day

Large Hall of the Chamber of Commerce (Erbprinzenpalais), Wiesbaden, Germany
+ More diary  
 


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