Nutrivend Ltd

Nutrivend Ltd, based in Ynysmaerdy, UK, is a provider of innovative sports nutrition solutions, focusing on enhancing gym environments through fully managed vending services that cater to fitness enthusiasts. Founded in 2012, Nutrivend Ltd offers sports nutrition solutions including vending services. The company is headquartered in Ynysmaerdy, UK, and has raised GBP 0. 65 million across two deals.

The most recent funding round was a VENTURE DEBT round on April 26, 2018, where they secured GBP 0. 15 million from UK Steel Enterprise. Scott Morgan serves as both the Founder and CEO, contributing his experience to the company’s development. Nutrivend specializes in comprehensive sports nutrition solutions through fully managed vending services, vending machine rentals, sales, and maintenance.

They enhance gym environments by providing vending machines stocked with various global sports nutrition brands. Their services address the challenge of convenient access to nutrition products, increasing member satisfaction and revenue for gyms. Nutrivend operates over 3,000 vending site installations, ensuring direct access to essential nutrition products for end users while supporting gym owners and fitness facilities with reliable vending solutions. In 2018, Nutrivend reported a revenue of GBP 5,342,667.

90 and an EBITDA of GBP 366,076. 70, generated through partnerships with gyms and direct consumer sales, including managed vending services and e-commerce sales. They utilize a revenue-sharing model with clients for vending machine sales, and may also offer subscription services to ensure a consistent supply of nutrition products. Nutrivend plans to leverage its most recent VENTURE DEBT funding of GBP 0.

15 million raised in April 2018 to expand its product offerings and enhance its market presence. The company aims to develop new product lines and introduce them in the coming year, focusing on specific markets within the UK and targeting select international regions for expansion. By tapping into new geographic areas, Nutrivend hopes to further solidify its position in the sports nutrition sector.