Finance
Social Fitness Platform Sweatpals Raises $12M To Fuel the ‘Daylife Movement’
Sweatpals connects users with in-person fitness classes, events and experiences. It also offers business tools for trainers and organizers.
Basic-Fit Acquiring Clever Fit in $186M+ Deal To Expand in Europe
Basic-Fit is acquiring Clever Fit for up to €175 million ($204 million), entering franchising and boosting its footprint to 2,150 clubs.
PodPlay Raises $8M To Expand Pickleball Venue Tech
PodPlay raises $8M to scale its reach for pickleball and other racket sports venues, cutting labor costs and boosting revenue.
Xponential Fitness Implements Layoffs After Shrinking Portfolio
Xponential Fitness has confirmed a round of layoffs as it refocuses on its core boutique brands under CEO Mike Nuzzo.
Daxko Acquires Exercise.com, Expanding Its Boutique Fitness Tech
Daxko has acquired Exercise.com, expanding its portfolio and signaling further consolidation across the software and payments space.
Crunch Franchisee CR Fitness Gets $350M Investment To Fuel More Expansion
CR Fitness Holdings, the largest Crunch Fitness franchisee, lands a $350 million investment to expand amid record HVLP gym growth.
Hyrox Taps One FIIT To Scale In-Gym Training Tech
Hyrox is partnering with One FIIT to build and deploy its Performance Hub, which will scale Hyrox-themed classes to gyms worldwide.
Coinbase CEO’s Longevity Startup Raises $45M From Eli Lilly & Others
NewLimit, co-founded by Coinbase CEO Brian Armstrong, raised $45 million from Eli Lilly, Duke, and more to advance its anti-aging medicines.
Fitness & Wellness Brands Go All-In on HSA/FSA Spending
Fitbod, iFIT, Johnson Fitness & Wellness and Wellhub are making it easier to use HSA and FSA funds on fitness products and subscriptions.
WellTheory Secures $14M for AI-Powered Autoimmune Care
WellTheory has raised $14 million in Series A funding, reaching $26.2 million in total capital for its personalized autoimmune care platform.
