Founded Year

2010

Stage

Series G | Alive

Total Raised

$609.14M

Valuation

$0000 

Last Raised

$200M | 7 mos ago

Revenue

$0000 

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+59 points in the past 30 days

About EGYM

EGYM provides global fitness technology and workout solutions in the fitness and health industry. It offers a suite of connected gym equipment and digital products that integrate with third-party hardware and software, creating a fully connected training experience that drives measurable business and health outcomes. It delivers subscription-based corporate wellness solutions that combine gym access with fitness programs to improve employee health and productivity. The company was founded in 2010 and is based in Munich, Germany.

Headquarters Location

1920 17th Street Suite B

Denver, Colorado, 80202,

United States

720-900-2526

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EGYM's Product Videos

ESPs containing EGYM

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Healthcare & Life Sciences / Digital Therapeutics & Wellness Tech

The connected fitness equipment market refers to the integration of technology with traditional fitness equipment, allowing users to track and monitor their workouts in real-time. This market includes solutions such as smart treadmills, stationary bikes, and weightlifting machines that are equipped with sensors, screens, and software that provide personalized workout plans and progress tracking. T…

EGYM named as Leader among 15 other companies, including Peloton, Technogym, and iFit.

EGYM's Products & Differentiators

    EGYM Smart Strength

    Fully-electric and networked strength machines for all major muscle groups provide a personal, interactive, and motivating workout experience for all gym members, i.e. different user groups and experience levels, on the same machine, and on the same fitness floor. With EGYM Smart Strength, club members' workouts can be customized to their needs, exciting beginners and experts alike with a unique user experience. Automatic machine setup, and automated tracking of all workout data are included. Four advanced training methods provide innovative weight profiles during each repetition for more efficient and effective workouts than with traditional weights.

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Expert Collections containing EGYM

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

EGYM is included in 1 Expert Collection, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,270 items

EGYM Patents

EGYM has filed 5 patents.

The 3 most popular patent topics include:

  • physical exercise
  • actuators
  • subroutines
patents chart

Application Date

Grant Date

Title

Related Topics

Status

12/16/2020

10/8/2024

Actuators, Transcription factors, Physical exercise, Type theory, Subroutines

Grant

Application Date

12/16/2020

Grant Date

10/8/2024

Title

Related Topics

Actuators, Transcription factors, Physical exercise, Type theory, Subroutines

Status

Grant

Latest EGYM News

Bossed around by an algorithm? Inside LA’s ‘first full-scale AI powered gym’

Apr 7, 2025

It knows my height, my weight, my hydration, my cardio stamina — even, regrettably, my body’s visceral fat percentage. I’m standing on a bioelectrical impedance device — which looks a lot like a scale but with metal handles and metal foot pads — and it’s sending low-grade, painless electrical signals through my hands and feet to measure my muscle, fat and water. The percentages of each are then fed into an AI program. Welcome to Fred Fitness , which touts itself as L.A.’s “first full-scale AI-powered gym.” You might be wondering: What does that even mean? Mostly that AI-powered software, referred to as Genius, is integrated into every piece of cardio and strength equipment at the gym. Throughout your workout, it functions as an ever-present but imperceptible force, sparking beneath the surface, like a digital mycelium network with an agenda: to help you reach your training goal (whether that’s weight loss, strength building or toning) in the most efficient way possible. The Santa Monica facility opened in mid-February in an 11,500-square-foot former Patagonia store on 4th Street. Fred Fitness CEO Andre Enzensberger says the gym has about 400 members, who pay $150 a month to be bossed around by an algorithm. At first glance, Fred Fitness looks like nothing more than a high-end gym in a tony neighborhood. It’s airy and bright, with soaring ceilings, exposed wood rafters and leafy hanging plants. On a recent Wednesday afternoon, it was sparsely populated, with just a few dozen members working out on brand-new, still-gleaming treadmills, bikes and elliptical machines. The strength machines use electric motors to create resistance instead of physical weights, so there’s no clanking. It’s relatively quiet but for the whirring of cardio equipment and a blend of lo-fi and electronic pop music on the sound system. Not exactly “The Matrix.” Related Articles But the exercise machines at Fred Fitness are tailored to you. They know members’ names and body analysis data, and they’ve configured personalized workout programs customized to their goals and fitness abilities. They’re also gamified, meaning their screens display a “Pac-Man”-like video game that members “play” by moving the weight during reps and sets. Grab the handles of a seated rowing machine, for example, and pull the weight faster or slower to move your on-screen avatar — a ball — up or down within a maze and “eat” coins as you go. Competitive? The gym keeps track of your scores, if you choose to participate, and displays the information on an app and a wall-mounted monitor to encourage a sense of community. “I love it because it’s fun and totally automated,” says Keverton Marinho, a 32-year-old new member. “I just play — I don’t have to think about anything.” The gamification may be fun, but it’s purposeful too, Enzensberger says. “It helps members train at the correct speed,” he says. “It regulates time under tension, meaning how fast you push or how slow you release the weight. So your workout is more effective.” There’s no joining fee at Fred Fitness and the month-to-month membership includes access to certified personal trainers — though not unlimited sessions — who consult with members about their AI-generated training programs. Trainers also wander the gym floor, answering questions and offering corrections when they notice someone’s form is off. That human element is critical, Enzensberger says. “AI is so big right now, but we’re very proud of the human aspect of our gym — the team — and how we complement the AI precision,” he said. Before joining, potential members undergo a free full-body assessment from Genius to get a fitness baseline. A “body composition analyzer” breaks down fat and lean muscle mass limb by limb and gives stats about foundational muscle strength, base metabolic rate and hydration levels, among other metrics. That information is then interpreted by the AI. Many gyms offer fitness assessments when you sign up for personal training, and luxury health clubs, such as Equinox and Santa Monica’s Love Life, do in-depth health and fitness testing for new members; but most regular gym memberships don’t include fitness assessments. After the body composition analysis, which measures your metabolism, a human trainer leads the member-to-be through different exercise circuits on machines that measure their strength, cardio and flexibility. There’s also a series of on-screen questions related to workout goals, exercise experience and preferences. Genius then assigns the member a “biological age” — different from your chronological age in years. It’s like an overall fitness score, says Fred Fitness general manager Miguel Alvino. “It’s a metric we use to give people an idea of where their strength and areas of improvement are compared to their calendar age,” Alvino explains. From that point on, when you log onto an exercise machine with your wristband, it calls up your personalized training program. The machine then physically adjusts to your height and limb length, raising or lowering its seat and altering the position of its handles according to your body. The AI is also adaptive, utilizing machine learning. So it will evolve with you as you get fitter. “The machines continue to learn about your capabilities,” Enzensberger says. “And that data is collected and fed into the AI to constantly generate a better training program for you.” Fred Fitness is the brain child of Andre Enzensberger’s brother, Alfred, who is the president and founder of Munich-based Clever Fit , a fitness franchise with more than 500 locations throughout Europe. Alfred Enzensberger partnered with Philipp Roesch-Schlanderer, CEO of EGYM , a global fitness technology company also based in Munich, in 2023 to create a full AI gym. EGYM wrote Genius, which was deployed in August 2024. They brought in Andre Enzensberger as CEO. There are other gyms with smart or AI-powered equipment in Southern California, such as L.A.’s EōS Fitness (with equipment from EGYM) and Smart Fit Method in Orange County. But at Fred Fitness, “Every piece of machinery is tied into the network,” Andre Enzensberger says. “We’re utilizing what the AI system can do on a much larger, fuller scale.” Los Angeles was the ideal city in which to launch the venture, given its history as a hub for fitness and tech culture, he says. “We wanted to embrace the open-mindedness of the people of Los Angeles. Fred Fitness is groundbreaking and requires people who want to experience training in a new way.” I enjoyed Genius’ guidance during my workout. The treadmill set itself to a lower speed than I normally run at, though at a higher incline, because Genius knew my exercise goal was strength building, not weight loss. And I loved the gamification element of the weight-lifting machines, even going so far as to laugh out loud mid-rep — though I wonder whether the game would get old over time. But in the end, what keeps me coming back to a gym is the promise of a sauna or steam after my workout. And Fred Fitness, unfortunately, doesn’t provide those amenities, which was disappointing. But growth is on the horizon. A second Fred Fitness is now underway in downtown Culver City — it’s planning to open in early 2026 — and the company hopes to open four additional facilities within three to five years. The locations under consideration are downtown L.A., West Hollywood and Glendale. “This is just a modern gym that’s fun to use — and people love it because it takes the guesswork out,” Enzensberger says. “Everything is fully guided.” ©2025 Los Angeles Times. Visit at latimes.com. Distributed by Tribune Content Agency, LLC. Originally Published:

EGYM Frequently Asked Questions (FAQ)

  • When was EGYM founded?

    EGYM was founded in 2010.

  • Where is EGYM's headquarters?

    EGYM's headquarters is located at 1920 17th Street, Denver.

  • What is EGYM's latest funding round?

    EGYM's latest funding round is Series G.

  • How much did EGYM raise?

    EGYM raised a total of $609.14M.

  • Who are the investors of EGYM?

    Investors of EGYM include Meritech Capital Partners, L Catterton, Bayern Kapital, Mayfair Equity Partners, Affinity Partners and 8 more.

  • Who are EGYM's competitors?

    Competitors of EGYM include OxeFit, Synergym, Vitruvian, Coach Welly, Tonal and 7 more.

  • What products does EGYM offer?

    EGYM's products include EGYM Smart Strength and 4 more.

  • Who are EGYM's customers?

    Customers of EGYM include Allianz, McKinsey, Boston Consulting Group, LifeFit Group and YMCA.

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Tonal

Tonal specializes in smart home fitness equipment, revolutionizing the strength training and personal fitness industries. The company offers an all-in-one home gym system that uses machine learning and digital weight resistance to provide personalized workout programs and track performance metrics. Tonal's products are designed to cater to individuals seeking a comprehensive, tailored strength training experience at home. It was founded in 2015 and is based in San Francisco, California.

Tempo Logo
Tempo

Tempo focuses on fitness and health technology. It offers an artificial intelligence (AI)-powered home gym membership that uses three-dimensional (3D) sensors to provide real-time feedback, personalized workout guidance, and adaptable strength training plans based on the user's biometrics. The company primarily serves the fitness and health tech industries. Tempo was formerly known as Pivot Interactive. It was founded in 2015 and is based in San Francisco, California.

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Fiture

Fiture specializes in smart home fitness equipment, offering products that integrate advanced technology to enhance workout experiences. The company's main offerings include interactive fitness mirrors that provide real-time feedback and personalized training through motion engine technology. These products are designed to cater to the home gym market with their aesthetic appeal and innovative features. It was founded in 2019 and is based in Chengdu, China.

Hydrow Logo
Hydrow

Hydrow specializes in immersive indoor rowing machines designed for full-body workouts within the fitness industry. Its products offer interactive technology that simulates on-water rowing experiences, complemented by a variety of virtual workouts led by athletes. Hydrow's offerings extend to on-the-mat exercises such as yoga and pilates, fostering a sense of community among users who engage with the brand's content. Hydrow was formerly known as True Rowing. It was founded in 2017 and is based in Boston, Massachusetts.

Ergatta Logo
Ergatta

Ergatta specializes in game-based home fitness and focuses on providing competitive and personalized full-body rowing workouts. Its product, called the Ergatta Rower, offers an engaging game-based interface that delivers a variety of interactive programming, including multiplayer workouts, scenic rows, and instructor-led classes. The company's products are designed to be aesthetically pleasing and are sustainably made from American cherrywood. It was founded in 2018 and is based in New York, New York.

Altis Logo
Altis

Altis operates in the fitness technology sector, offering a home fitness console that uses AI and computer vision to provide workout regimens, feedback, and guidance for exercise performance. The company focuses on the home fitness market with its console intended for use with various screens. It was founded in 2019 and is based in Fort Lauderdale, Florida.

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