About FitLab
FitLab is a company based in Newport Beach (United States) founded in 2018 by Brian Kirkbride and Mike Melby.. FitLab has completed 2 acquisitions, including Mile High Run Club and Ragnar. FitLab offers products and services including Fitplan, Nike Studios, and Ragnar. FitLab operates in a competitive market with competitors including Planet Fitness, LA Fitness, Crunch Fitness, Snap Fitness and 24 Hour Fitness, among others.
- Headquarter Newport Beach, United States
- Founders Brian Kirkbride, Mike Melby
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$65 M (USD), Debt – Conventional
Mar 07, 2024
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Mile High Run Club
& 1 more
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Products & Services of FitLab
FitLab offers a comprehensive portfolio of products and services, including Fitplan, Nike Studios, and Ragnar. 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.
App for training with athletes and coaches at home or gym.
Group workouts led by trainers for evolving fitness needs.
Races and challenges to test training through scenic courses.
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Funding Insights of FitLab
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $65.0M
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First Round
First Round
(07 Mar 2024)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2024 | Amount | Debt – Conventional - FitLab | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 FitLab
FitLab has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Atlas Credit 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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A private credit fund focused on secured lending solutions.
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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 FitLab
FitLab has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Mile High Run Club and Ragnar. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Athletics and fitness training services are offered to participants.
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2013 | ||||
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Sports apparel for men and women is offered by Ragnar.
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2004 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - FitLab
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Fitlab Comparisons
Competitors of FitLab
FitLab 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 24 Hour Fitness, 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 |
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| domain | founded_year | HQ Location |
Operator of fitness chain
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A chain of fitness centers is operated by LA Fitness.
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A chain of fitness clubs is operated by Crunch Fitness.
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Chain of fitness centers
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Chain of fitness centres
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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 |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Fitlab
Frequently Asked Questions about FitLab
When was FitLab founded?
FitLab was founded in 2018 and raised its 1st funding round 6 years after it was founded.
Where is FitLab located?
FitLab is headquartered in Newport Beach, United States. It is registered at Newport Beach, California, United States.
Who is the current CEO of FitLab?
Brian Kirkbride is the current CEO of FitLab. They have also founded this company.
What does FitLab do?
FitLab was founded in 2018 and is headquartered in Newport Beach, United States. Operations are focused on the fitness sector, where a network of physical fitness centers is managed. Services encompass gym facilities, training programs, and wellness activities for members. Leadership is provided by co-founders and co-CEOs Brian Kirkbride and Mike Melby, alongside investor Ish Dugal. Expansion within the domestic market is pursued through additional center developments.
Who are the top competitors of FitLab?
FitLab's top competitors include Planet Fitness, Snap Fitness and Crunch Fitness.
What products or services does FitLab offer?
FitLab offers Fitplan, Nike Studios, and Ragnar.
How many acquisitions has FitLab made?
FitLab has made 2 acquisitions, including Mile High Run Club, and Ragnar.
Who are FitLab's investors?
FitLab has 1 investor. Key investors include Atlas Credit Partners.
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