We're very proud to finally be able to share some great news with you: we've just closed a €30 million Series B financing round!
The funding was backed by prestigious international investors such as Base10 Partners (US) and Octopus Ventures (UK), as well as Stanford University.
But what does all this mean for us and for our customers? Let us explain!
A new phase of growth for bsport
Thanks to this round of funding, we'll be able to accelerate our expansion, not only in Europe, but also in North America and the APAC (Asia-Pacific) region. And that's not all: we're also setting our sights on innovation, particularly in artificial intelligence (AI) to transform our users' experience.
As you can see, we have big plans for the future!
Why AI and expansion are at the heart of our strategy
The wellness market is booming, with forecasts predicting $9 trillion by 2028 (HCM, nov. 2024). We want to be at the forefront of this transformation, and integrating AI into our platform is one of the keys. This will enable us to automate complex tasks, personalise the user experience even more and help studios to be more efficient.
But that's not all: with expansion into new markets, we will triple our workforce by 2026 to continue to innovate and provide a quality service to our customers worldwide.
Strong support for this adventure
We are delighted to have the support of our new investors: Base10 Partners and Octopus Ventures.
Base10 Partners, based in San Francisco, is renowned for its innovative approach to automating key sectors of the economy. They invest in companies with a positive societal and economic impact, and support industry leaders such as Figma and Stripe. Their investment in bsport demonstrates their confidence in the platform's potential to transform the wellness sector.
Meanwhile, Octopus Ventures, one of the largest venture capital funds in the UK and Europe, backs companies that are tackling the world's most pressing challenges, such as health and sustainability. Their vision is the same as bsport's: to deliver technology solutions that shape the future and revolutionise entire sectors. Thanks to their expertise and resources, bsport is well positioned to continue to grow and innovate on an international scale.
What's in store with bsport?
From now on, our team is working to make our platform even more powerful, by integrating revolutionary AI tools. We will also be strengthening our global presence to be by your side wherever you are.Thank you to our incredible investors and partners for their trust. Together, we will redefine fitness studio management and offer our customers an ever more rewarding experience.
Stay tuned for more news! 👀
