News & Podcast

From their first prototype, which was still driven to investors in a van, to a unicorn with over 1,000 employees: Egym is one of the most prominent success stories in the Munich startup ecosystem. At the Munich Startup Festival, Egym founder and Co-CEO Florian Sauter spoke with Mathias Renz, Head of Venture Capital Magazin, about how an idea shared by two school friends turned into a billion-dollar company – and why naivety, persistence, and the right investors played a decisive role in the journey.

Munich fitness unicorn Egym is merging with US company Playlist. The new group reaches unicorn dimensions, raises fresh capital and wants to more closely integrate wellness, corporate fitness and technology globally.

Munich has a new unicorn: The fitnesstech company Egym secures around 180 million euros in growth capital from L Catterton and Meritech Capital at a pre-money valuation of over one billion euros.

The Munich fitness tech company Egym is entering the US corporate wellness market with the acquisition of the US-based fitness network Fitreserve. With this move, the Munich-based company is continuing its international expansion course.

By acquiring British fitness provider Hussle, Egym is expanding its corporate fitness network Wellpass. Hussle works with companies so they can offer their employees access to a network of more than 1,500 fitness studios, swimming pools, and spas across the United Kingdom.

The Munich-based success startup Egym secures up to 207 million euros in growth capital in a Series F financing round from its new US investor Affinity Partners. The fresh capital is primarily intended to flow into the expansion of the corporate fitness network Wellpass.