October 11, 2017
Fitness chain Gold’s Gym has launched a digital personal training app that features pre-recorded video trainer routines and a built-in music streaming service.
The service, which costs $9.99 monthly, offers members and non-members of the gym hundreds of trainer-led workouts. These workouts are spread across 10 different exercise modalities, and range from six to 60 minutes long.
According to Gold...
February 29, 2016
Fitbit revealed in its annual report that it ended up buying fitness coaching app FitStar last year for about $24.8 million because it didn't end up having to pay the earnout of $7.7 million.
Fitbit confirmed that it had acquired FitStar in March 2015. Shortly after the news broke, an SEC filing suggested that Fitbit spent at least $17.8 million the acquisition.
When the company went public a...
October 27, 2015
Virtuagym has raised $2.3 million (2.1 million euros) from Saffelberg Investments, a private Belgian investment firm, for its mobile fitness coaching system. One existing investor is Sanoma Ventures. The company has offices in Amsterdam and Los Angeles.
Virtuagym sells its offering to consumers as well as fitness professionals. The app, available on iOS and Android devices, includes personalized...