# Glofox

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/glofox

- Industry: Software
- Headquarters: Dublin, Ireland
- Website: www.glofox.com
- Total disclosed funding: $10M
- Latest round: Series A (May 14, 2019)
- Investors on record: 4

## About

Glofox is an innovative software company based in Ireland that specializes in fitness management solutions, catering to fitness franchises and studios to enhance operational efficiency and member engagement across global markets.Founded in 2014 in Dublin, Ireland, Glofox provides robust management tools for the fitness industry. The company was co-founded by Anthony Kelly and Finn Hegarty, both of whom have backgrounds in technology startups. In August 2022, Glofox was acquired by ABC Fitness Solutions, LLC for approximately EUR 200 million from various investors, marking a significant milestone in its growth trajectory. Glofox has successfully closed seven deals to date, raising a total of EUR 10.00 mn.Glofox offers a comprehensive fitness management software platform designed to streamline operations for gym owners, fitness studios, and personal trainers. The platform integrates member management, class scheduling, payment processing, and business analytics into a single interface, enabling clients to enhance member engagement through automated communications and personalized experiences. This functionality supports clients in managing their operations efficiently and drives growth through improved productivity.In 2023, Glofox reported revenue of EUR 34,592,925.10, with an EBITDA of EUR -11,852,513.70, reflecting the company's ongoing investment in technology and expansion efforts.Glofox plans to leverage the recent acquisition by ABC Fitness Solutions to expand its market presence globally. The company aims to introduce new product features that enhance user experience, with plans for rollout by the end of 2023. Additionally, Glofox is targeting further expansion into North American and Asian markets, capitalizing on the resources and distribution channels of ABC Fitness Solutions. The recent funding will support these initiatives, solidifying Glofox's position as a global provider of comprehensive fitness management solutions.

## Funding rounds

- Series A, May 14, 2019, $10M — Partech Partners, Notion Capital, Tribal, Octopus Investments

## Investors

- Partech Partners (https://capitalatlas.ai/funds/partech-partners) — Series A
- Notion Capital (https://capitalatlas.ai/funds/notion-capital) — Series A
- Tribal (https://capitalatlas.ai/funds/tribal) — Series A
- Octopus Investments (https://capitalatlas.ai/funds/octopus-investments) — Series A