Harbiz secures €5m to digitize fitness businesses

Lilu Anderson
Photo: Finoracle.me

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.

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Lilu Anderson is a technology writer and analyst with over 12 years of experience in the tech industry. A graduate of Stanford University with a degree in Computer Science, Lilu specializes in emerging technologies, software development, and cybersecurity. Her work has been published in renowned tech publications such as Wired, TechCrunch, and Ars Technica. Lilu’s articles are known for their detailed research, clear articulation, and insightful analysis, making them valuable to readers seeking reliable and up-to-date information on technology trends. She actively stays abreast of the latest advancements and regularly participates in industry conferences and tech meetups. With a strong reputation for expertise, authoritativeness, and trustworthiness, Lilu Anderson continues to deliver high-quality content that helps readers understand and navigate the fast-paced world of technology.