EGYM, a Connected Fitness Startup, Raised $200M at a $1.2B+ Valuation
EGYM is a global fitness technology leader that makes workouts smarter, more efficient, and fun for everyone.
EGYM, a global fitness technology platform, raised just over $200M in Series G funding at a valuation of over $1.2B, which will be used to expand in the US and UK and further build its AI assistant. Is this an IPO candidate or an acquisition target for an incumbent? As we have learned, a hefty valuation is also a potential curse for a company in a discretionary sector such as health and fitness.