Technogym

Cesena, Italy Founded: 1983 • Age: 43 yrs
Provider of cloud-based smart gym equipment and software
Annual revenue $934.0M Latest available
Total funding - 8 rounds
Employees 2450 Tracked headcount
Investors 2 Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

About Technogym

Technogym is a company based in Cesena (Italy) founded in 1983. The company has 2,450 employees as of December 31, 2024. Technogym has completed 1 acquisition, including Exerp. Technogym offers products and services including Treadmills, Exercise Bikes, Elliptical Trainers, Dumbbells, and Cable Machines. Technogym operates in a competitive market with competitors including Peloton, Wahoo Fitness, Echelon, Interactive Fitness and Volava, among others.

  • Headquarter Cesena, Italy
  • Employees 2450 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Healthcare
  • Phone
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  • Website
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  • Social
    Locked
  • Legal Name Technogym S.P.A
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $934.01 M (USD)
    11.5
    as on Dec 31, 2024
  • Net Profit
    $90.43 M (USD)
    18.2
    as on Dec 31, 2024
  • EBITDA
    $175.38 M (USD)
    22.33
    as on Dec 31, 2024
  • Latest Funding Round
    $57.4 K (USD), Grant

    Mar 04, 2024

  • Investors
  • Employee Count
    2450

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Technogym

Technogym is a publicly listed company on the MIL with ticker symbol TGYM in Italy, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: MIL · Ticker: TGYM · Sector: Consumer durables · Italy

Products & Services of Technogym

Technogym offers a comprehensive portfolio of products and services, including Treadmills, Exercise Bikes, Elliptical Trainers, Dumbbells, and Cable Machines.

Product name locked
Category locked
Primary

Machines for walking or running exercises to improve cardiovascular health

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Category locked
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Stationary bikes for low-impact cycling workouts

Product name locked
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Equipment for full-body aerobic exercises with minimal impact

Product name locked
Category locked
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Weights for targeted muscle building and resistance training

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Devices for versatile strength exercises using cables

People of Technogym

Headcount 5000-10000
Employee Profiles 168
Board Members and Advisors 7
Employee Profiles
People
Pierluigi Alessandri
Vice President
People
Jacqueline McKay
Vice President Human Resources
People
Nerio Alessandri
CEO & Founder
People
Nadine Dudley
UK Finance Director

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Board Members and Advisors
people
Erica Alessandri
Director
people
Chiara Dorigotti
Director
people
Maurizio Cereda
Director
people
Vincenzo Giannelli
Director

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Funding Insights of Technogym

Investors in Technogym

Technogym has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and Ministerstvo Hospodárstva Slovenskej Republiky.

All
Institutional
Investor Description Founded Year Domain Location
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Investor details for Technogym

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by Technogym

Technogym has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Exerp.

Investments
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Investment portfolio details for Technogym

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  • Portfolio identities
  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Cloud-based member management software is offered for fitness clubs.
Locked Locked 1994 Locked
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Complete acquisition details for Technogym

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Financial Statements - Technogym

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Detailed financials for Technogym

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Technogym Comparisons

Technogym Primary company
Description
Provider of cloud-based smart gym equipment and software
Location
Cesena, Italy
Founded Year
1983
Annual Revenue
$934.01 M (USD)
Net Profit
$90.43 M (USD)
EBITDA
$175.38 M (USD)
Employees
2,450
As of 2024
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Peer comparison for Technogym

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  • Headcount comparison
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Competitors of Technogym

Technogym 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 Peloton, Wahoo Fitness, Echelon, Interactive Fitness and Volava, among others.

Company Name Domain Founded year HQ Location Description
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Smart fitness equipment and streaming platforms are provided.
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Fitness equipment is offered via an online platform.
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Smart indoor exercise bikes and live training classes are provided.
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Gamified indoor cycling devices are supplied to fitness clubs.
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Indoor training cycles are provided via a connected fitness platform.
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Detailed competitors of Technogym

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  • Domains and locations
  • Full company profiles
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Latest news on Technogym

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Complete news archive for Technogym

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Technogym

Technogym was founded in 1983 and raised its 1st funding round 40 years after it was founded.

Technogym is headquartered in Cesena, Italy. It is registered at Cesena, Emilia-romagna, Italy.

As of Dec 31, 2024, the latest employee count at Technogym is 2,450.

Annual revenue of Technogym is $934.01M as on Dec 31, 2024.

Technogym was founded in 1983 in Cesena, Italy, and operates in the fitness equipment and software sector. A range of gym machinery, including treadmills, exercise bikes, and stair climbers, is supplied to commercial facilities. Cloud-based services and software are offered to fitness providers, enabling customer engagement, retention, and comprehensive wellness programs across various locations.

Technogym's top competitors include Peloton, Wahoo Fitness and Echelon.

Technogym offers Treadmills, Exercise Bikes, Elliptical Trainers, Dumbbells, and Cable Machines.

Yes, Technogym is publicly traded on MIL under the ticker symbol TGYM.

Technogym has made 1 acquisition, including Exerp.

Technogym has 2 investors. Key investors include European Union, and Ministerstvo Hospodárstva Slovenskej Republiky.

The ticker symbol of Technogym is TGYM on MIL.

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