Tech Company Financing Transactions
Urban Sports Club Funding Round
On 12/14/2023, Urban Sports Club raised $103.6 million in funding from Verdane, b2venture and HV Capital.
Transaction Overview
Company Name
Announced On
12/14/2023
Transaction Type
Venture Equity
Amount
$103,630,000
Round
Undisclosed
Investors
Proceeds Purpose
The company will use the funds to boost its position in the employee wellness market. The company offers 50+ sports activities across 11,000 venues.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Michaelkirchstraße 20
Berlin, 10179
DE
Berlin, 10179
DE
Phone
Website
Email Address
Overview
Urban Sports offers a monthly flat rate for all kinds of sports activities in the city. Urban Sports Club offers a flexible sports flatrate. The mission is to help people lead a more healthy and active lifestyle. Club members can choose from more than 50 types of sports -- ranging from classic gym workout, swimming, yoga, or bouldering, to team sports, wellness and lots more -- and more than 10.000 partner venues in Germany, France,Italy, Spain, Portugal and Belgium. Variety, flexible conditions as well as team sports and wellness are offered both for private customers and companies. Urban Sports GmbH was founded in 2012 by Moritz Kreppel and Benjamin Roth in Berlin, Germany. After two years of bootstrapping, the company secured an early-stage financing in 2015 and went on to acquire four of its German competitors, starting with Somuchmore in December, 2016. In January 2018, FITrate came on board, with INTERFIT following in December of the same year. OneFit joined the Urban Sports Club f
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Benjamin Roth
Co-Founder
Moritz Kreppel
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