About Virtuagym
Virtuagym is a company based in Amsterdam (Netherlands) founded in 2008. It operates as a SaaS (Software-as-a-Service). Virtuagym has raised $13.44 million across 5 funding rounds from investors including European Union, Icecat and Endeit Capital. Virtuagym offers products and services including Fitness Business Software, Corporate Health Software, and Fitness & Nutrition Apps. Virtuagym operates in a competitive market with competitors including Mindbody, Glofox, Care Line Live, WellnessLiving and Fitbudd, among others.
- Headquarter Amsterdam, Netherlands
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Sectors
HealthcareTechnology
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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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Total Equity Funding
$13.44 M (USD)
in 5 rounds
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Latest Funding Round
$3.15 M (USD), Series B
Apr 29, 2022
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Investors
European Union
& 4 more
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Employee Count
Employee Count
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Products & Services of Virtuagym
Virtuagym offers a comprehensive portfolio of products and services, including Fitness Business Software, Corporate Health Software, and Fitness & Nutrition Apps. 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.
Software is provided for managing fitness businesses effectively.
Solutions are offered for corporate employee health programs.
Apps are designed for personal fitness and nutrition.
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Funding Insights of Virtuagym
Virtuagym has successfully raised a total of $13.44M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $3.15 million completed in April 2022. 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 Funding
- Total Rounds 5
- Last Round Series B — $3.2M
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First Round
First Round
(08 Jan 2013)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Series B - Virtuagym | Valuation |
investors |
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| Dec, 2018 | Amount | Grant - Virtuagym | Valuation |
investors |
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| May, 2018 | Amount | Series B - Virtuagym | Valuation | Endeit Capital |
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| 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 Virtuagym
Virtuagym has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, Icecat and Endeit Capital. 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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Edtech, digital media, eCommerce companies are funded by Endeit Capital.
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Founded Year | Domain | Location | |
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SanomaVentures is engaged in providing venture capital to innovative companies.
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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 Virtuagym
| 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 - Virtuagym
| 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 |
Virtuagym Comparisons
Competitors of Virtuagym
Virtuagym 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 Mindbody, Glofox, Care Line Live, WellnessLiving and Fitbudd, 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 |
Provider of SaaS-driven business management software for beauty salons and fitness centers
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| domain | founded_year | HQ Location |
Provider of gym and studio management software and custom mobile apps
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| domain | founded_year | HQ Location |
Cloud-based platform for home care scheduling and management is offered.
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| domain | founded_year | HQ Location |
Provider of all-in-one business management software for wellness businesses
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| domain | founded_year | HQ Location |
Cloud-based platform for client management in personal training.
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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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| 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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Latest news on Virtuagym
Frequently Asked Questions about Virtuagym
When was Virtuagym founded?
Virtuagym was founded in 2008 and raised its 1st funding round 5 years after it was founded.
Where is Virtuagym located?
Virtuagym is headquartered in Amsterdam, Netherlands.
Is Virtuagym a funded company?
Virtuagym is a funded company, having raised a total of $13.44M across 5 funding rounds to date. The company's 1st funding round was a Series B of $7.07M, raised on Jan 08, 2013.
What does Virtuagym do?
Innovative technology solutions are developed by Virtuagym to empower fitness businesses, health professionals, and consumers. Comprehensive software is offered for managing health clubs and studio chains. Corporate health programs are supported to enhance employee well-being. Personal fitness and nutrition apps are also provided for individual users. The focus is placed on creating sustainable lifestyle changes across various sectors.
Who are the top competitors of Virtuagym?
What products or services does Virtuagym offer?
Virtuagym offers Fitness Business Software, Corporate Health Software, and Fitness & Nutrition Apps.
Who are Virtuagym's investors?
Virtuagym has 5 investors. Key investors include European Union, Icecat, Endeit Capital, Saffelberg Investments, and SanomaVentures.
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