Job search
Job Search
Latest news
More news: (showing 1 - 20 of 13745)           
UK only International

Virtuagym secures €6m investment to fund international growth

By Tom Walker    23 May 2018
Virtuagym provides a cloud-based fitness software platform and mobile apps / Virtuagym
Technology is gaining momentum in the health and fitness industry
– Hugo Braam

Virtuagym, provider of a cloud-based fitness software platform and mobile apps, has secured €6m (US$7m, £5.3m) worth of financing to help fuel the international growth of the company.

The company will use the Series B funding round, led by growth investor Endeit Capital, to develop new innovations and expand in new markets, such as yoga studios, martial arts and dance studios.

It will also look to use the funds to strengthen its position on the European and American markets.

Founded by two brothers, Paul and Hugo Braam, Virtuagym has grown from a single-room start-up to a scale-up with more than 200 employees across offices in Amsterdam, The Netherlands and Medellín, Colombia.

The company serves businesses in the fitness space in more than 80 countries worldwide, including the US and key European markets.

"Technology is gaining momentum in the health and fitness industry," said Hugo Braam, Virtuagym CEO.

"As a front-runner in the space we've been promoting technology for over a decade now, and it's great to see the market finally shifting.

"Endeit Capital has a strong track-record in scaling tech businesses internationally and is also an expert in the areas of software and content.

"With its support and this new round of funding, it will help us to accelerate the international roll out and to keep investing in innovation to maintain our position as the industry innovator."

Hubert Deitmers, co-founder and managing partner of Endeit Capital added: "Technology is transforming the way consumers interact with health and fitness clubs as well as their professionals and we believe that Virtuagym is uniquely positioned to tap into this.

"With its innovative and wide-ranging solutions for health clubs, trainers and studios, Virtuagym has achieved significant traction in this huge and growing market, both in Europe and the US."

Virtuagym  cloud-based  Endeit Capital  fitness software  Hugo Braam 
Sign up for FREE ezines
Related news
Related features
Sports jobs

Duty Manager

Everyone Active
Salary: Competitive
Location: Middlesbrough

Duty Manager Golf and Athletics

Active Luton
Salary: £30,027pa + non-contrib pension + benefits
Location: Stockwood Park Golf Club, London Road, Luton, UK

Leisure Centre Duty Manager

Uppingham School
Salary: £24,687.57pa + pension + health care + benefits
Location: Uppingham, Oakham, UK

Leisure Supervisor (Development)

City University of London
Salary: £32,982 - £37,099pa + excellent pension and benefits
Location: London, UK

Recreation Assistant (Dry Site)

Everyone Active
Salary: Competitive
Location: Market Rasen

Party Leader

Everyone Active
Salary: Competitive
Location: Gainsborough

Cleaning Assistant

Everyone Active
Salary: Competitive pay rates
Location: Gainsborough

Duty Manager

Everyone Active
Salary: Competitive
Location: Gainsborough

Duty Manager

The Pickaquoy Centre
Salary: £30,000pa + local Govt pension + attractive benefits package
Location: Kirkwall, UK
recruiting with sports management

Centre Manager (Leisure)

Exeter City Council
Salary: £40,221 - £42,403pa + pension + benefits
Location: Exeter, UK

Director of Operations

Active Luton
Salary: £61,000 - £64,000 + exceptional pension + excellent benefits
Location: Luton, UK

Fitness Motivator

Everyone Active
Salary: Competitive
Location: Lutterworth

Recreation Assistant/Lifeguard (NPLQ required)

Everyone Active
Salary: 9.50 ph
Location: Lutterworth

Recreation Assistant

Everyone Active
Salary: Competitive salary
Location: Wigston

Swim Teacher

Everyone Active
Salary: Competitive
Location: Shipston-on-Stour

Swim Teacher

Everyone Active
Salary: Competitive
Location: Shipston-on-Stour
recruiting with sports management

Chief Executive Officer, Mount Batten Centre

Mount Batten Group
Salary: c£65,000pa + pension + benefits
Location: Plymouth, UK

Swimming Teacher

Everyone Active
Salary: Competitive rates of pay
Location: Rickmansworth, UK

Swimming Teacher

Everyone Active
Salary: Competitive rates of pay
Location: Watford, UK
Swimming Teacher jobs  duty manager jobs  Team Leader jobs  general manager jobs  recreation assistant jobs  Swim Manager jobs 
More jobs

Company profile

Company profile: Serco Leisure
Serco Leisure Operating Limited is one of the UK’s leading national operators of leisure centres, destination venues and elite sporting facilities.
View full profile >
More company profiles

Featured Supplier

W3Fit EMEA’s innovative programme sets sail for Sardinia, Italy
Following a hugely successful event last year in Split, Croatia, W3Fit EMEA, is heading to the Chia Laguna resort in Sardinia from 8-11 October.
View full details >
More featured suppliers

Property & Tenders

Location: Loughton, IG10
Company: Knight Frank
Location: Grantham, Leicestershire
Company: Belvoir Castle
Location: Verwood, Dorset
Company: AVISON YOUNG
Location: Hall Place House, Bexley, DA5 1PQ
Company: London Borough of Bexley
Location: 15 Concessions across the nation's forests
Company: Forestry England
More properties & tenders

Diary dates

10-12 May 2024
China Import & Export Fair Complex, Guangzhou, China
23-24 May 2024
Large Hall of the Chamber of Commerce (Erbprinzenpalais), Wiesbaden, Germany
30 May - 02 Jun 2024
Rimini Exhibition Center, Rimini, Italy
08-08 Jun 2024
Worldwide, Various
More diary dates