Finance
Strava Sets Things Straight
Strava set things straight on LinkedIn, detailing in a post on the professional networking site what it is up to.
Lemon Perfect, a Beyoncé-Backed Hydration Company, Raises Nearly $37 Million in Latest Funding Round
Founded in 2017, Lemon Perfect got a huge boost in popularity in 2020 when Beyoncé’ posted a photo on Instagram with a company drink in it.
Metabolic Mission: Levels Secures $7M Series A Funding Extension
Before this funding extension, Levels had secured a $38 million Series A round last April. So far, the company has raised over $55 million.
Suited for Expansion: BODY20 Announces 200 Signed Franchise Deals, $30M Benetrends Partnership
BODY20 CEO Greg Breitbart shared that his company is expected to open between 60 and 80 studios this year.
The Vitamin Shoppe Opens Doors to ‘New Era’ of Franchising
The Vitamin Shoppe celebrated the grand opening of a new franchise in Valparaiso, IN, calling it a key milestone.
It’s Official: Dustin Grosz Named Chief Executive Officer of Precor
The immediate focus of new CEO Dustin Grosz will be to return Precor to a position of positive free cash flow.
Big Changes for F45
F45 has announced some big, formal changes to the foundation of actor Mark Wahlberg-backed fitness franchise.
Mindstrong, a California-based Mental Health Start-up, Conducts Layoffs & Closes Office
According to a California WARN notice, Mental health start-up Mindstrong is conducting layoffs impacting 128 employees.
24 Hour Fitness Reduces Staff Count
An exact number of layoffs has not been released, but now-former 24 Hour Fitness employees took to LinkedIn to make the announcement.
Strava CEO Exits
Michael Horvarth wrote in his open letter to the Strava community that he has great confidence in the brand.
