Perfect Gym Fuels Growth with €4.5M in Expansion Capital

Warsaw – October 9, 2017

Perfect Gym Software, a rapidly emerging leader, which provides an end-to-end platform that revolutionizes how fitness clubs are managed, announced today that it has raised €4.5M in a new round of funding. The round was led by 3TS Capital Partners, a leading European growth technology investor. Innovation Nest (lead investor in the seed round) and Trigon TFI also participated in the round. The company will use the investment to accelerate its growth in Europe, Middle-East and Asia, as well as continue development of its technology platform.

Perfect Gym offers a comprehensive suite of product modules for next-generation management of fitness clubs, sports facilities and gyms. The company’s integrated solution is based on the latest technology with modular architecture covering all key operations performed by multi-location and multi-country fitness chains. The platform’s breadth of functionality optimizes costs and increase profits significantly. Clients receive advanced reports with up-to-date club key performance indicators, monitoring of members activity, a complete CRM database, credit card and other payments solutions, as well as the ability to generate invoices and work schedules for trainers and specialty staff. Perfect Gym’s clients include well-known brands such as McFit, Gold’s Gym, World Class, Anytime Fitness, Fitness First, Fitness World and Fitness 24 Seven. Currently the company has more than 500 Customers in 37 markets on 4 continents.

Jacek Szlendak, Founder and CEO at Perfect Gym said, “We believe that our platform provides unique opportunities for fitness clubs and gyms to improve their business results more efficiently, while driving high customer engagement benchmark. We’re thrilled to add the experience and expertise of 3TS whose support will help accelerate our growth and the development and rollout of the platform to meet the increasing demand.”

3TS Partner Zbigniew Lapinski who led the investment commented, “Perfect Gym is serving a large and fast-growing fitness market. Being fit and healthy is a priority for individuals across the globe and this trend continues to drive explosive growth of mobile applications, connected devices and ultimately number of fitness clubs and gyms. We’re extremely excited to support Perfect Gym’s rapid growth as it helps operators run their businesses better while keeping their customers happy.”

Marcin Szelag, Partner at Innovation Nest who led the previous financing in Perfect Gym said, “With its suite of products, Perfect Gym is helping clients transition from legacy on premise software to a flexible cloud solution. We feel that this is an important step for the fitness industry, which will allow to launch new products and services. As an early believer and investor in Perfect Gym we are really impressed with the progress the company has made over the last 18 months and will continue to support the founders in realizing their vision.”

Paweł Burzyński, a partner and deputy CEO of Trigon TFI added, “We are pleased to support Perfect Gym which is well positioned to benefit from two mega trends of fit lifestyle and mobile applications development. Perfect Gym is a kind of investment we like the most, which should bring positive returns to our investors and healthier life to the company’s clients.”  

About Perfect Gym
Perfect Gym is the leading technology platform for the fitness clubs, sports facilities and gyms. Local, regional and global fitness business owners use Perfect Gym’s solutions to run, automate and grow their businesses.

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About 3TS Capital Partners

3TS Capital Partners is one of the leading European technology focused private equity and venture capital firms.  3TS provides expansion capital and buyout funding for small and medium-sized businesses in growth sectors including Technology & Internet, Media & Communications and Technology-Enabled Services. Investors in the current and past 3TS funds totaling over €300 million include EIF, EBRD, Cisco, OTP, Sitra, 3i and KfW among others.

About Trigon TFI

Trigon is one of the fastest growing and leading Polish private Mutual Funds with asset under management of USD 1.2bn. Venture FIZ, a VC arm of the Fund, has been directly engaged into the transaction of Perfect Gym.

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About Innovation Nest

Innovation Nest is an early stage VC firm focused on B2B Software. As a thesis driven fund, Innovation Nest helps seed stage companies in the B2B market go through product and market validation phase. Innovation Nest provides financing across Seed and Series A rounds. Now investing out of the second fund and targeting B2B software companies across Europe.

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