WellnessLiving

Toronto, Canada Founded: 2012 • Age: 14 yrs
Provider of all-in-one business management software for wellness businesses
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About WellnessLiving

WellnessLiving is a company based in Toronto (Canada) founded in 2012 by Len Fridman.. WellnessLiving has raised $46 million across 2 funding rounds from investors including Canadian Imperial Bank of Commerce and M-One Capital. WellnessLiving offers products and services including All-in-One Software, Staff Management Tool, and Client Management System. WellnessLiving operates in a competitive market with competitors including Mindbody, MemberSuite, Virtuagym, Glofox and PushPress, among others.

  • Headquarter Toronto, Canada
  • Founders Len Fridman
  • Sectors
    Technology
    Healthcare Government & Social Sector
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Healthcare → Health Technology & Digital Health
Technology → Enterprise Software & Productivity Solutions
Government & Social Sector → Government Technology & Digital Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $46 M (USD)

    in 2 rounds

  • Latest Funding Round
    $46 M (USD), Private Equity Round

    Aug 16, 2022

  • Investors
  • Employee Count
    Employee Count
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Products & Services of WellnessLiving

WellnessLiving offers a comprehensive portfolio of products and services, including All-in-One Software, Staff Management Tool, and Client Management System. 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

Software for streamlining fitness operations like bookings and payments

Tool to handle staff scheduling and administration in wellness centers

System for managing client interactions and data in fitness businesses

People of WellnessLiving
Headcount 50-200
Employee Profiles 24
Employee Profiles
People
Len Fridman
CEO and Co-Founder
People
Daniel De Rose, BComm, CPA, CMA
Director of Finance
People
Haris Khurshid
Financial Assistant
People
M. Amin A.
Financial Analyst

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Funding Insights of WellnessLiving

WellnessLiving has successfully raised a total of $46M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round round of $46 million completed in August 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 Rounds 2
  • Last Round Private Equity Round — $46.0M
  • First Round

    (16 Aug 2022)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2022 Amount Debt – Conventional - WellnessLiving Valuation

investors

Aug, 2022 Amount Private Equity Round - WellnessLiving Valuation McCarthy Capital
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 WellnessLiving

WellnessLiving has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Canadian Imperial Bank of Commerce and M-One 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
M-One Capital is engaged in private equity investments.
Founded Year Domain Location
Commercial banking services are provided to individuals and businesses.
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 WellnessLiving

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 - WellnessLiving

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

Wellnessliving Comparisons

Employees
+
Add Comparison
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Competitors of WellnessLiving

WellnessLiving 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, MemberSuite, Virtuagym, Glofox and PushPress, 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
domain founded_year HQ Location
Association management software is offered for mid-to-large organizations.
domain founded_year HQ Location
Online workout plans and nutrition tracking are offered to users.
domain founded_year HQ Location
Provider of gym and studio management software and custom mobile apps
domain founded_year HQ Location
SaaS platform for gym billing and membership management is provided.
domain founded_year HQ Location
Cloud-based platform for home care scheduling and management is offered.
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 Wellnessliving

Frequently Asked Questions about WellnessLiving

When was WellnessLiving founded?

WellnessLiving was founded in 2012 and raised its 1st funding round 10 years after it was founded.

Where is WellnessLiving located?

WellnessLiving is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Who is the current CEO of WellnessLiving?

Len Fridman is the current CEO of WellnessLiving. They have also founded this company.

Is WellnessLiving a funded company?

WellnessLiving is a funded company, having raised a total of $46M across 2 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $20M, raised on Aug 16, 2022.

What does WellnessLiving do?

Provider of all-in-one business management software for wellness businesses. This software helps streamline operations, attract clients, and enhance client experiences. Features include online booking, staff management, client management, reporting, payment processing, marketing tools, and client communication features. The platform offers various integrations with other business applications. It caters to a wide range of wellness businesses, from gyms and yoga studios to spas and salons. The software aims to simplify business management tasks, allowing owners to focus on growth and client relationships.

Who are the top competitors of WellnessLiving?

WellnessLiving's top competitors include Mindbody, PushPress and Glofox.

What products or services does WellnessLiving offer?

WellnessLiving offers All-in-One Software, Staff Management Tool, and Client Management System.

Who are WellnessLiving's investors?

WellnessLiving has 2 investors. Key investors include Canadian Imperial Bank of Commerce, and M-One Capital.

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