Finance

an image of Bodi/Beachbody's well-known fitness brands

Beachbody Raises $5.3M Via Registered Direct Offering

The Beachbody Company, now doing business as BODi, says its raising capital for "general corporate purposes."

Sportswear Brand Castore Lands $184M Investment

Reportedly valued at over $1 billion, Castore has leaned into premium activewear and deals with global sports teams.

Saudi Fund Buys $120M Stake in Technogym

NEOM Investment Fund now holds 6% of Technogym’s share capital as it commits to being a long-term investor in the Italian fitness brand.

Ladder Lands $12M for Daily Workout App

Ladder’s strength training-focused approach to digital wellness has caught thousands of eyes this year, including 50,000 paid members.

BowFlex Risks NYSE Delisting Over Low Market Cap

BowFlex has received notice from the New York Stock Exchange warning the company that it isn't in compliance with continued listing standards.

Bandier Seeks Buyer for IP, Assets Amid Activewear Challenges

Supply chain challenges have hurt Bandier, a popular New York-based women's activewear brand founded in 2014.

Bay Club Acquires Pro Club, Continuing West Coast Expansion

The Bay Club Company has made a deal to acquire Pro Club, which has two luxury lifestyle and wellness facilities in Seattle and Bellevue, Washington.

Lindora building

Xponential Fitness To Acquire Weight Loss Clinic Lindora

Metabolic health clinic Lindora becomes Xponential's 11th brand and solidifies the fitness franchisor's entry into the broader wellness space.

Runna Raises $6.3M for Running Coach App

Runna, a personalized running coach app that debuted in 2021, has now raised over £8 million ($10 million) in total funding.

Sweat Founders Buy App Back From iFit Just 2 Years After Sale

One of the most popular fitness apps for women, Sweat is back in the hands of its co-founders following its 2021 sale to iFit.