Finance
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.
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 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.
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 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.
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.
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 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.