FitReserve

New York, United States Founded: 2011 • Age: 15 yrs Acquired By Trustmark
Online marketplace for membership-based fitness center classes
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About FitReserve

FitReserve is a company based in New York (United States) founded in 2011 was acquired by Trustmark in May 2022.. FitReserve has raised $738.6 thousand across 2 funding rounds from investors including Trustmark and Techstars. FitReserve offers products and services including FitReserve Membership, Yoga Classes, Pilates Classes, and HIIT Classes. FitReserve operates in a competitive market with competitors including ClassPass, Wellhub, Peerfit, Fitpass and Intelivideo, among others.

  • Headquarter New York, United States
  • Sectors
    Healthcare
    Business Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Health Technology & Digital Health
Business Services → Event, Translation & Local Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $738.6 K (USD)

    in 2 rounds

  • Latest Funding Round
    $738.6 K (USD), Seed

    Oct 04, 2021

  • Investors
    Trustmark

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    Trustmark

    (May 10, 2022)

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Products & Services of FitReserve

FitReserve offers a comprehensive portfolio of products and services, including FitReserve Membership, Yoga Classes, Pilates Classes, and HIIT Classes. 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.

Primary

All-access service for booking classes at multiple studios

Yoga sessions offered through partnered studios for wellness

Pilates workouts available via membership for strength training

High-intensity interval training classes for cardio fitness

Funding Insights of FitReserve

FitReserve has successfully raised a total of $738.6K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $738.6 thousand completed in October 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Seed — $738,600
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2021 Amount Seed - FitReserve Valuation

investors

Jun, 2013 Amount Seed - FitReserve Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in FitReserve

FitReserve has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Trustmark and Techstars. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Startups are accelerated globally without sector restrictions through structured programs.
Founded Year Domain Location
Trustmark is recognized for providing employee benefits and fitness solutions.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by FitReserve

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - FitReserve

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Fitreserve Comparisons

Employees
+
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Competitors of FitReserve

FitReserve 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 ClassPass, Wellhub, Peerfit, Fitpass and Intelivideo, 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
Fitness class memberships are offered across various gyms and studios.
domain founded_year HQ Location
Cloud-based wellness programs are offered for employee health and productivity.
domain founded_year HQ Location
One pass to various fitness studios
domain founded_year HQ Location
Subscription-based platform for multiple fitness classes is offered.
domain founded_year HQ Location
Platform to market and sell on demand videos
domain founded_year HQ Location
Nearby gyms are located and booked through an online platform.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Fitreserve

Frequently Asked Questions about FitReserve

When was FitReserve founded?

FitReserve was founded in 2011 and raised its 1st funding round 2 years after it was founded.

Where is FitReserve located?

FitReserve is headquartered in New York, United States. It is registered at New York, New York, United States.

Is FitReserve a funded company?

FitReserve is a funded company, having raised a total of $738.6K across 2 funding rounds to date.

What does FitReserve do?

FitReserve was founded in 2011 in New York, United States, within the fitness sector. An online marketplace is maintained for membership-based fitness center classes, where sessions are reserved by users across various studios. Activities from different providers can be combined flexibly. Access is provided through iOS and Android applications.

Who are the top competitors of FitReserve?

FitReserve's top competitors include ClassPass, Wellhub and Fitpass.

What products or services does FitReserve offer?

FitReserve offers FitReserve Membership, Yoga Classes, Pilates Classes, and HIIT Classes.

Who are FitReserve's investors?

FitReserve has 2 investors. Key investors include Trustmark, and Techstars.

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