EGYM Blog

EGYM has raised approximately $200 million of growth capital at a valuation of over $1 billion from L Catterton, a leading global consumer-focused investment firm, and Meritech Capital, a leading Silicon Valley technology-focused venture firm.

From trainer efficiency to industry competition, clubs face numerous obstacles to success – here’s how to overcome the biggest ones.

Find out in the article what the initial reactions to our innovation Gameday were.

What is the energy consumption of EGYM Smart Strength, Flex & Co. Read now!

The partnership aims to expand capabilities for EGYM enterprise customers running multi-site operations.

What is the difference between the EGYM Curve and the EGYM Bar, and what does Open Mode mean for the EGYM Circuit? We answer the most critical questions about the new Open Mode for Smart Strength.

EGYM is now acquiring Gymlib, by far the biggest player in the French corporate fitness market.

At this year's FIBO, the world's largest trade show for fitness, wellness and health in Cologne, Germany, all visitors were able to experience the new Open Mode for Smart Strength machines live at our booth. The reactions were remarkable!

FIBO is back after a two-year break, and the fitness industry was jazzed to celebrate the comeback! Just in time for World Health Day, the world's largest fitness trade show opened its doors again and attracted 51,270 visitors to Cologne over four days. The excitement of visitors and exhibitors about the ever-increasing potential for innovations in fitness and wellness was palpable.

Our co-founder and CEO Philipp Roesch-Schlanderer has been in great demand in recent weeks: No wonder, the launch of our latest innovation, the Fitness Hub, was met with a wave of enthusiasm and perfectly aligned with our industry rebooting as pandemic-era restrictions are gradually being lifted.

Since the beginning of the 21st century, many industries are undergoing substantial digital transformations. From e-commerce to healthcare, the majority of companies are reaping the benefits of continually improving technologies.
The fitness industry is one of the later bloomers. Historically, it has focused on highly personalized face-to-face interactions, leaving technologies to wait in line. Meanwhile, gym-goers and health-seekers dig deeper into what digitalization has to offer, expecting the service providers to do the same.

Differentiation is what determines whether a fitness or health facility distinguishes itself and grows to have a loyal customer base or becomes one among the many ones competing for the same customers in the same way. Any operator should strive to distinguish itself from its competition to grow sustainably.