Finance
Xponential Fitness Urged To Sell by Top Shareholder
Xponential Fitness' largest shareholder is pushing for a sale, arguing that Club Pilates alone is worth more than the entire company.
Roxfit Raises $2.4M for Hybrid Fitness Training App
Roxfit just raised $2.4 million for its digital training platform, betting on the hybrid fitness boom amid the rise of events like Hyrox.
Eight Sleep Hits $1.5B Valuation, Eyes Predictive Health
Eight Sleep has hit a $1.5 billion valuation and is pivoting from a smart mattress company into a predictive health platform.
MyFitnessPal Acquires Rival AI Nutrition-Tracking App
MyFitnessPal has acquired Cal AI, a nutrition tracking app built by Forbes "30 Under 30" entrepreneurs that generated $40 million in sales.
Marine Nutrition Startup Raises $13M for Functional Seaweed Drinks
Aqua Theon has landed funding for its OoMee drink line as investors dive into marine nutrition as an emerging wellness category.
Xponential Fitness Agrees To Pay Nearly $40M in Settlements, Shares Plunge
Xponential Fitness agreed to a proposed $17 million FTC payment and finalized a $22.75 million franchisee settlement as its shares plunged.
Sweat-Reading Wearable Hits $10M Valuation, Eyes US Market
Seveno Capital’s latest deal values PointFit at $10 million, backing a CES-winning startup developing a sweat-reading wearable.
Fitness Industry Favorite Grid Lands Investment To Expand Locker & Flooring Business
Grid, which serves brands like Crunch, EoS and 24 Hour Fitness, will look to scale capacity as gym operators upgrade facilities nationwide.
Planet Fitness Points To GLP-1 Opportunity as Outlook Rattles Investors
Planet Fitness CEO Colleen Keating sees a significant and largely untapped membership base taking shape as more people take GLP-1s.
Cristiano Ronaldo Invests $7.5M in Wellness Tech Platform
Cristiano Ronaldo just wrote a $7.5 million check for a piece of Herbalife's wellness tech; he's not the only athlete cashing in on the health boom.
