
Gymhopper
Find a gym that fits you.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
investor | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 | round | |
N/A | Acquisition | ||
Total Funding | 000k |
EUR | 2015 | 2016 | 2017 | 2018 |
---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 |
% growth | - | 1 % | (8 %) | 4 % |
EBITDA | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Gymhopper AG, established in Zurich in 2015, operates as a network aggregator in the fitness industry. The company provides a service that allows members of any partner gym to gain access to a broader network of over 200 fitness facilities across Switzerland, Austria, and Denmark, all under their existing membership.
The core of Gymhopper's offering is a mobile application that serves as the access key to this network. For the end-user, the service is presented as a free value-add to their home gym membership, designed to offer flexibility for those who travel or wish to vary their workout locations. For its business clients—the independent gyms—Gymhopper positions itself as a strategic partner. It provides a tool for them to increase the value of their own memberships, aiding in both retention of existing clients and attraction of new ones by offering a significantly expanded service area without the capital investment of building new locations. The company also targets corporate clients, offering access to its extensive gym network as a health and wellness benefit for their employees.
Founded by individuals including Silvan Krähenbühl, the startup is a product of the entrepreneurial environment of the University of St.Gallen, earning it an HSG Spin-off label. In September 2018, Gymhopper was acquired by the Austrian sports startup myClubs. Following the acquisition, founder Silvan Krähenbühl assumed the role of Head of Business Development at the newly formed myClubs AG, integrating Gymhopper's network and model into the larger organization. Keywords: fitness network, gym aggregator, corporate wellness, member retention, B2B, mobile application, gym partnership, employee benefits, multi-club access, myClubs