Gymdesk: Fitness And Wellness Software Company Closes $32.5 Million In Funding

Gymdesk, a provider of member management software for fitness and wellness businesses, announced it has raised a $32.5 million growth investment from Five Elms Capital. And this funding will drive Gymdesk’s mission to expand and strengthen its solutions for the fitness industry and widen its customer base across new verticals.

Since 2016, Gymdesk empowered gym and studio owners with simplified solutions for complicated operations. And by employing people with deep industry knowledge and maintaining close feedback loops with its customers, Gymdesk has also invested in innovation to become a clear solution for gym owners. Now Gymdesk provides 2,000+ gym and studio owners, across 34 countries, with the tools to operate their businesses successfully.

The funding from Five Elms will deepen support for existing and new customers, accelerate product development, and expand market reach. So, Gymdesk is prepared to set new standards in the gym management industry.

Discretion Capital served as the sole financial advisor to Gymdesk for this deal.

KEY QUOTES:

“At Gymdesk, we’ve created an industry-leading product in a market dominated by outdated solutions. We’re excited to partner with Five Elms and leverage their resources and expertise to continue growing our company as we take our operations to the next level.”

– Eran Galperin, Founder and CEO of Gymdesk

“Gymdesk has demonstrated remarkable growth and a strong commitment to empowering gym owners with top-tier management solutions. We are excited to support Eran and the Gymdesk team as they continue to expand their impact in the fitness industry.”

– Austin Gideon, Principal at Five Elms Capital