eGym raises 45 million dollars

Fitness start-up eGym has secured an impressive cash injection from the capital market.

eGym's devices adapt to suit each individual user
eGym’s devices adapt to suit each individual user

The Munich-based company raised 45 million dollars, including finances from new investor HPE Growth Capital. The latest round of financing also includes existing investors such as Highland Capital Partners and Bayern Kapital, who already invested millions of dollars in 2014-15.

Digitalization of the fitness market

eGym, which was founded in 2012 by Florian Sauter and Philipp Rösch-Schlanderer, has tasked itself with taking the digitalization of the fitness market to a new level.

The company’s devices adapt to individual user requirements and the additional apps facilitate the dialogue between trainers and members.

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