Finance

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Earnings Call Report: Xponential Fitness Ends Q1 ’22 with 99 New Studios

In its earnings call, Xponential Fitness reported that it expects its total 2022 global new studio openings to be in the range of 500-520.

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Season Health Raises $34M in Series A Funding Round

For lead investor Andreessen Horowitz, the Season Health funding is another step towards provision of affordable, healthy food.

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Despite Peloton Stock Taking a Dive, CEO is Optimistic – Says This Could Be a Turning Point

After Peloton stock taking a dive, CEO McCarthy said the company plans to reveal how it will grow in the months and years ahead.

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Equinox Joins Forces with BitPay to Accept Crypto as Payment for Membership

Equinox says accepted crypto will include Bitcoin, Bitcoin Cash, Dogecoin, Ethereum, Litecoin, Wrapped Bitcoin, Shiba Inu Coin & 5 USD-pegged

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Virtuagym Secures €3M in Funding from Icecat & Plans to Make World ‘Healthier & Happier’

The latest funding will help Virtuagym with global growth. The fitness tech provider serves 20m+ customers, 9K businesses & 45K+ coaches.

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Levels Announces $38M Series A, Determined to Solve Metabolic Health Crisis

With the Series A completion, Levels says it will expand from its beta community of 25K paying members to full consumer availability.

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Acquisition Alert: Ultrahuman Acquires LazyCo in Move to Expand Biomarkers & Offer ‘Passive Personalized Health’

The Ultrahuman hardware development team & LazyCo will collaborate to improve user experience and global metabolic health standards.

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BeaverFit Acquires Exclusive Manufacturing Rights for Rumble as the Xponential Fitness Boxing Brand Expands

Under the terms of the agreement, BeaverFit will manufacture custom benches and boxing rigs for new Rumble franchises.

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Someone To Know — Randi Mason

Morrison Cohen's Corporate Department Co-Chair Randi Mason talks about her journey in law, COVID-era & current fitness legal trends & more.

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Fiit Enters New Chapter with £1M+ Raised in Crowdfunding

Fiit is expected to attract more fundraising dollars and the interest of new users when the crowdfunding campaign ends near the end of April.