Harbiz Raises €5M Funding to Expand Internationally
Harbiz, a leading technology platform for fitness professionals, has recently closed a successful funding round, securing a total of €5 million. The main objective of this funding is to strengthen Harbiz’s international presence, with a specific focus on consolidating its growth in the UK and German markets. The startup also plans to use the funding to fuel its go-to-market strategy and attract international talent.
Octopus Ventures Leads €5M Funding Round for Harbiz
Octopus Ventures, one of the largest and most active venture capital investors in the UK and Europe, is leading the €5 million funding round for Harbiz. This highlights the investor’s confidence in the company’s potential for success. JME Ventures, Athos Capital, and Enzo Ventures are also participating in the funding round, further bolstering Harbiz’s financial resources.
Harbiz Strengthens Innovation and Product Offering with €5M Funding
With this fresh capital injection, Harbiz aims to strengthen its innovation, research, and product offering. The focus will be on providing fitness professionals — including personal trainers, nutritionists, physiotherapists, and yoga instructors — with an all-in-one platform for managing their clients’ fitness journeys entirely online. A key part of this innovation will involve integrating artificial intelligence tools to enhance the user experience.
Harbiz Doubles Turnover and Aims to Become Global Leader in Fitness Tech
Operating in more than 35 countries, Harbiz has already made significant strides in the fitness tech industry. The platform currently supports over 6,000 fitness professionals in advising and improving the lives of more than 120,000 clients. Founded in 2020 by Mario Morante and Javier Ortega, Harbiz has experienced exponential growth, doubling its turnover compared to the previous year. This latest funding round will further propel the company towards its goal of becoming the global leader in its sector.
Harbiz Empowers Fitness Professionals with All-in-One Platform
Harbiz was founded with the mission of simplifying the work of fitness professionals and enabling them to scale their businesses globally. The platform offers a comprehensive suite of tools, allowing fitness professionals to manage their entire business in one place. From exercise routines and planning to communications and bookings, Harbiz empowers professionals to deliver a more professional service aligned with current market demands. The user-friendly technology underpinning Harbiz’s platform ensures a seamless user experience for both fitness professionals and their clients.
Overall, the €5 million funding round represents a significant milestone for Harbiz. With the support of Octopus Ventures and other investors, the company is well-positioned to expand its international presence, strengthen its product offering, and continue its impressive growth trajectory. Harbiz’s innovative platform is poised to revolutionize the fitness industry by empowering fitness professionals and improving the lives of countless clients worldwide.
Analyst comment
Positive news: Harbiz Raises €5M Funding to Expand Internationally
As an analyst, I predict that with the €5 million funding, Harbiz will be able to strengthen its international presence, particularly in the UK and German markets. The funding will also fuel its go-to-market strategy, attract international talent, and strengthen its innovation and product offering. With its exponential growth and the support of Octopus Ventures, Harbiz is well-positioned to become the global leader in the fitness tech industry.
