Finance
Canyon Ranch Secures $150M Investment for Wellness Clubs
The destination wellness pioneer has identified Texas as its debut location for a Canyon Ranch Wellness Club, anticipated to open in Fort Worth this fall.
Beachbody Amends Terms of $50M Loan Amid Profitability Push
The Beachbody Company, which now does business as BODi, has stated its commitment to becoming cashflow positive.
Headspace Secures $105M in Debt Financing Following Layoffs
The mental health platform will explore in-person clinical care, increased substance use disorder support and employee assistance programs.
Magic AI Raises $2.5M for Smart Fitness Mirror
While several fitness mirror products have failed, Magic is ready to change the game with its AI-driven device that focuses on smart personal training.
Practice Better Acquires That Clean Life To Add Nutrition Planning Features
The deal, valued in the eight figures, will allow Practice Better users to integrate nutrition offerings into their health and wellness services.
Life Time CEO Confident After Strong Q2: ‘All of Our Strategies Are Working’
Life Time reported revenue of $561.7 million for Q2 of 2023, a 21.8% increase from the $461.3 million it posted in the same period last year.
Speediance Raises Nearly $10M To Grow Digital Weight Machines
Speediance, a Chinese brand, has created a series of digital resistance machines it says will revolutionize strength training.
Nobull Eyes IPO After Major Investment From Bodyarmor’s Mike Repole
Repole has a history of successful exits, including the $5.6 billion sale of Bodyarmor to Coca-Cola in 2021 and the […]
Hyperice Secures $100M ‘Strategic Growth’ Facility
Hyperice has received a $100 million-plus strategic growth capital facility investment from Atlas Credit Partners, the company announced.
Solidcore Founder Anne Mahlum Invests in ‘Unique’ NYC Group Fitness Startup
Anne Mahlum has invested $150,000 in The Athletic Clubs (AC), a New York-based fitness startup with an innovative approach to group workouts.
