Job search
Job Search
Latest news
More news: (showing 1 - 20 of 13969)           
UK only International

Virtuagym eyes expansion following €2.1m funding boost

By Jak Phillips    29 Oct 2015
Having launched in 2009, Virtuagym has gained steady traction in both the B2B and B2C markets

Health and fitness software provider Virtuagym is targeting significant international growth after securing €2.1m (US$2.3m, £1.5m) in funding from Belgium-based Saffelberg Investments.

Hugo Braam, CEO and co-founder of Dutch firm Virtuagym, said: “This investment will allow us to speed up our international growth and further invest in the development of products and services for our clients, which include gyms, trainers and corporate health services.”

Having launched in 2009, Virtuagym – which previously received funding from Sanoma Ventures, part of Europe’s Sanoma Media Group – has gained steady traction in both the B2B and B2C markets. Its consumer workout app has been downloaded more than seven million times, while on the industry-side, the company currently serves more than 1,800 fitness businesses across 20 countries, including large European fitness chains such as Basic-Fit, HealthCity and Cityfitness.

“Virtuagym provides an innovative SaaS solution in an interesting and rapidly growing vertical,” said Jos Sluys, CEO of Saffelberg Investments.

“It is quite unique in the way it combines both a consumer and professional service in one platform. The company has already proven to be successful in Europe, and with this investment we believe Virtuagym can take their business to the next level, including further expansion into the US.”

Sign up for FREE ezines

Company profile

Company profile: Power Plate
Power Plate's range of products include whole body vibration platforms, targeted vibration products and the ground breaking REV, combining to create a broad and compelling offering of health, fitness and wellness solutions to health clubs and fitness facilities worldwide
View full profile >
More company profiles

Featured Supplier

Reaching the people most gyms miss: Bedford Gym & Swim Campaign delivers 410 new members
One of the biggest mistakes the fitness industry still makes is advertising almost exclusively to people who already look and live like gym members.
View full details >
More featured suppliers

Property & Tenders

Location: Stratford, East London.
Company: Lee Valley Regional Park Authority
Location: Y Felinheli, LL56 4QN
Company: Newmark
Location: Newhaven, Sussex
Company: EiA Real Estate
Location: Tutbury Castle, Staffordshire
Company: Savills
Location: Oxford
Company: University of Oxford
More properties & tenders

Diary dates

13-13 Jun 2026
Worldwide, Various
21-24 Sep 2026
The Langham Huntington Pasadena , Pasadena, United States
06-08 Oct 2026
Messe Stuttgart, Stuttgart, Germany
22-22 Oct 2026
QEII Conference Centre, London
More diary dates