
Tecnofit
Enables to boost gym, crossfit, or studio results with the most complete management system in the segment.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
N/A | €0.0 | round | |
BRL13.0m | Early VC | ||
Total Funding | 000k |
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | - | - | (34 %) | 153 % | - |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Tecnofit operates as a key player in Brazil's health and fitness sector, providing a software-as-a-service (SaaS) management platform tailored for fitness businesses. The company's journey began in the mid-2000s when programmer Anderson Cichon developed a management system for his local gym in exchange for a membership. This initial arrangement evolved into a formal business in 2016, co-founded by Cichon, who now serves as CTO, and Antonio Maganhotte Junior, who acted as CEO and is now the chairman of the board. The transition from a small side project to a scalable venture was catalyzed when Cichon sought employment at a digital agency owned by Maganhotte, who recognized the potential of the system and invested in its development.
The firm's business model is centered on a recurring revenue subscription, with pricing tiers based on the number of active clients a fitness business manages. Tecnofit serves a diverse client base that includes traditional gyms, CrossFit boxes, personal trainers, and studios for Pilates and yoga across Brazil. The platform is designed to be a comprehensive solution, automating and streamlining a wide range of administrative and operational tasks. Key features include financial management tools like invoicing and payment processing, customer relationship management (CRM) functionalities, class scheduling, and member check-ins. For end-users, Tecnofit offers mobile applications that allow them to book classes, track their workouts, and engage with their fitness provider.
Tecnofit has demonstrated significant growth, backed by strategic funding. A notable seed round of R$13 million was led by Honey Island Capital, a venture capital firm established by the founders of EBANX, with participation from Quartz. This capital is being deployed to enhance product development and fuel expansion into other Latin American markets. The company has rolled out specialized solutions, such as Tecnofit Gym, Tecnofit Studio, and Studiio, to meet the specific needs of different segments within the fitness market. With the appointment of former COO Pedro Cruz as the new CEO, the company is positioned to continue its growth trajectory, focusing on scaling its operations and solidifying its market position.
Keywords: fitness management software, gym management system, Brazil, SaaS, health and wellness tech, studio management, personal trainer software, CrossFit box management, Antonio Maganhotte Junior, Anderson Cichon, Honey Island Capital, fitness business operations, member management, class scheduling, fitness CRM, recurring billing, financial management for gyms, Latin America expansion, healthtech, fitness technology platform