Munich Startup
Fittech Company closes seed round

Fittech Company closes seed round

Andreas Arntzen, CEO of Wort & Bild Verlag, and Natalia Karbasova, CEO of Fittech Company

Andreas Arntzen, CEO of Wort & Bild Verlag, and Natalia Karbasova, CEO of Fittech Company

Saskia Doll

Saskia Doll

The investment subsidiary of Wort & Bild Verlagsgruppe, Isartal Ventures, is investing again in Fittech Company. The exact amount of funding the Munich-based startup receives is not known.

November 22, 2023

1 min. read time

Founded in 2018, Fittech Company focuses on the Fittech Club, a “business community for decision-makers in the fields of fitness, wellness, and health technology”. A seed financing round of undisclosed amount is now intended to support the expansion of this community. Among the investors are once again Wort & Bild Verlag, as well as various business angels such as Mike Lee, founder of MyFitnessPal, and Alex Kuznetsov of Kodori Ventures.

Natalia Karbasova, CEO of Fittech Company, writes on LinkedIn:

“We are using the funding to further professionalize and scale our mastermind groups – personal peer advisory boards that drive shared growth in times of global uncertainty. In these regular groups, our members – founders and executives from the fitness, wellness, and health industry – discuss challenges together, exchange insights, and help each other move forward faster.”

The Fittech Club brings together like-minded people from 25 countries, according to the company. Prominent members of the mastermind groups include Philipp Roesch-Schlanderer from Egym, Melanie Lauer from Kettler, the founders of Urban Sports Club, Benjamin Roth and Moritz Kreppel, Andreas Arntzen from Wort & Bild Verlagsgruppe, Kerstin Obenauer from 4Global, and Marcel Boots from Basic Fit.

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