Finance

PodPlay team poses for a photo at a pickleball court

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.

phone shows an Xponential Fitness logo

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

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.

Interior of a CR Fitness-owned Crunch gym

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 coaches inside a gym

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.

phone screens display the WellTheory app

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.

woman wears a ceramic Oura Ring 4

Oura’s $11B Valuation Signals Investor Confidence in Preventive Health

Oura has raised $900 million at an $11 billion valuation as smart rings surge and the U.S. government pushes wearables for preventive health.

Strava Year Report 2024

Strava CEO Confirms IPO Intentions Amid Social Fitness Boom

Strava CEO Michael Martin revealed that the social fitness platform intends to go public, with a listing that could come as soon as 2026.