Being a fitness entrepreneur is not easy in this! To make it successful, one needs to have the certification to back the credentials and of course, some insane marketing skills.
Right now, many trainers and coaches are popping up and starting their own business. Although there are so many coaches and trainers in the market, only a few have made it to the top. At present, the fitness industry is over-saturated
Building a community of customers
Having said that, those who have made it to the top have worked hard and have played it strategically. Based out of Dublin, Glofox is one such tool that enables fitness entrepreneurs to build successful, growing businesses and improving worldwide health and wellbeing.
Raised $10 million!
In the recent development, Glofox, a Dublin-based start-up which provides business management software to fitness studios and gyms has raised $10 million (approx €8.9 million) in funding as it looks to expand in the US. The funding round was led by Octopus Ventures, with additional investment from Partech, Notion Capital and Tribal VC.
“The fundraiser is a really exciting step for the company,” said Glofoxfounder and CEO Conor O’Loughlin. “We’ve spent years optimizing Glofoxfor 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.”
Product development and expansions!
The company is planning to use this investment to continue its expansion efforts in the US, continuing to build out its Los Angeles HQ. Also, Glofox is allocating some part of funds to the product, developing additional innovative solutions for the enterprise/franchise market. The company will also use the funds to increase marketing efforts and fill key leadership positions.
Easy to manage and organise!
Founded in 2014 by Anthony Kelly, Conor O’Loughlin, Finn Hegarty, Glofox is the gym management software helping fitness entrepreneurs improve the health of people worldwide. With Glofox, boutique gym owners including F45 Training, Elite Bodyworks, Fit 7/8, 9Round, Switch Playground, etc. – are able to more easily schedule classes, manage memberships and leads, and run their business.
Helps owners to gain critical insights!
This platform empowers boutique fitness owners at all levels to gain critical insights into what members want and need, streamlining administrative processes while attracting and retaining members. With a client base that spans 43 countries across the globe, Glofox is taking group fitness to the next level and ensuring owners and their customers have the best fitness experience.
Marieke Christmann of Octopus Ventures said:
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 gyms have to battle with a number of not-for-purpose and isolated applications; with Glofox, boutique gyms can manage key business functions and provide a premium customer experience seamlessly.
Stay tuned to Silicon Canals for more updates in the tech startup world.
https://siliconcanals.com/promoted-content/meet-the-three-innovative-european-startups-that-have-been-honoured-with-the-future-hamburg-award/
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