We are GroupMove Ltd.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
We are GroupMove Ltd. - overview
Established
2013
Location
Bath, -, UK
Primary Industry
Internet
About
We are GroupMove Ltd. operates a versatile fitness membership platform, granting users access to a wide variety of local fitness venues, classes, and independent instructors to promote an active lifestyle. We are GroupMove Ltd. provides a fitness membership service that enables users to engage in diverse fitness activities across urban markets in the UK, headquartered in Bath.
Founded in 2013 by Alister Rollins, who has extensive experience in the fitness industry, the company raised GBP 2. 13 million in March 2017 from Accelerated Digital Ventures, bringing the total amount raised to GBP 2. 13 million, with a current valuation of GBP 22. 60 million.
MoveGB delivers a comprehensive fitness membership platform that grants customers access to a variety of local fitness venues, classes, and independent instructors. The subscription model allows members to participate in multiple fitness activities, including gym workouts, yoga, dance, and community classes, providing flexibility through in-person and at-home options, including classes streamed from recognized providers like Les Mills. The revenue model of MoveGB is centered on subscriptions, offering tiered memberships with varying access to fitness services. The introductory trial is priced at GBP 1 for 14 days, after which customers can transition to the MoveLite plan.
Memberships can be customized to fit individual needs, with options to freeze or cancel without penalties. This approach supports direct transactions with consumers and fosters partnerships with local venues and independent fitness instructors. Following the recent funding round on March 8, 2017, where We are GroupMove Ltd. secured GBP 2.
13 million, the company plans to utilize these funds to enhance its platform and expand its offerings. There are no specific new products announced for release, but the company is focusing on expanding its presence in more urban markets across the UK. The funding will support increasing their market share and improving customer engagement initiatives.
Current Investors
Accelerated Digital Ventures
Primary Industry
Internet
Sub Industries
Fitness & Wellness Facilities, Search Engines
Website
www.movegb.com
Verticals
Mobile Apps
Company Stage
Early Stage
Total Amount Raised
Subscriber access only

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.