About 24 Hour Fitness
24 Hour Fitness is a company based in San Ramon (United States) founded in 1983 by Mark Mastrov was acquired by AEA Investors in May 2014.. 24 Hour Fitness offers products and services including Platinum Membership, Gold Membership, Silver Membership, and 24GO App. 24 Hour Fitness operates in a competitive market with competitors including Planet Fitness, LA Fitness, Crunch Fitness, Snap Fitness and Barry’s, among others.
- Headquarter San Ramon, United States
- Founders Mark Mastrov
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name San Club V.O.S.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$305 M (USD), Debt – Conventional
May 29, 2025
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Investors
TCW
& 3 more
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Employee Count
Employee Count
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Acquired by
AEA Investors
(May 30, 2014)
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Products & Services of 24 Hour Fitness
24 Hour Fitness offers a comprehensive portfolio of products and services, including Platinum Membership, Gold Membership, Silver Membership, and 24GO App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides nationwide access to premium gyms and amenities for fitness routines.
Offers regional access to classes, pools, and equipment for enhanced workouts.
Grants access to cardio and weights at a single club for basic training.
Delivers over 2,000 workouts via mobile for anytime fitness tracking.
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Software Development Team
47 people
General Team
45 people
Group Team
21 people
Sales and Marketing
17 people
Operations Team
12 people
Senior Team
11 people
Human Resources and Administration
10 people
Leadership Team
9 people
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Funding Insights of 24 Hour Fitness
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $305.0M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2025 | Amount | Debt – Conventional - 24 Hour Fitness | Valuation |
investors |
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| May, 2014 | Amount | Private Equity Round - 24 Hour Fitness | Valuation | Bespoke Capital Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in 24 Hour Fitness
24 Hour Fitness has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include TCW, Ontario Teachers' Pension Plan and Bespoke Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Bespoke Capital Partners is engaged in private equity investments.
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Founded Year | Domain | Location | |
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Private equity and debt firm focused on mid-market companies
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Founded Year | Domain | Location | |
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Equity and fixed income mutual funds are managed by TCW.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by 24 Hour Fitness
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - 24 Hour Fitness
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
24 Hour Fitness Comparisons
Competitors of 24 Hour Fitness
24 Hour Fitness operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Planet Fitness, LA Fitness, Crunch Fitness, Snap Fitness and Barry’s, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Operator of fitness chain
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| domain | founded_year | HQ Location |
A chain of fitness centers is operated by LA Fitness.
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| domain | founded_year | HQ Location |
A chain of fitness clubs is operated by Crunch Fitness.
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| domain | founded_year | HQ Location |
Chain of fitness centers
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| domain | founded_year | HQ Location |
A chain of fitness centers is operated by Barry’s.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about 24 Hour Fitness
When was 24 Hour Fitness founded?
24 Hour Fitness was founded in 1983 and raised its 1st funding round 31 years after it was founded.
Where is 24 Hour Fitness located?
24 Hour Fitness is headquartered in San Ramon, United States. It is registered at San Ramon, California, United States.
What does 24 Hour Fitness do?
24 Hour Fitness, established in 1983 and currently in Acquired stage, focuses on providing healthcare solutions, fitness and wellness chains, and physical fitness. Chain of fitness centres. Adapting to market demands with innovation and client-focused strategies. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of 24 Hour Fitness?
24 Hour Fitness's top competitors include Planet Fitness, Snap Fitness and Crunch Fitness.
What products or services does 24 Hour Fitness offer?
24 Hour Fitness offers Platinum Membership, Gold Membership, Silver Membership, and 24GO App.
Who are 24 Hour Fitness's investors?
24 Hour Fitness has 4 investors. Key investors include TCW, Ontario Teachers' Pension Plan, Bespoke Capital Partners, and AEA Investors.
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