Enhance raises $18.2m in equity and venture debt for U.S. expansion
Global Ventures and Stride Ventures participated in financing for a gym software business already operating at more than 700 U.S. clubs.
Enhance raised $18.2 million through a combination of equity and venture debt to accelerate its U.S. expansion. Global Ventures and Stride Ventures participated.
The company reports that its personal-training operations platform is active at more than 700 U.S. clubs, serves about 15,000 trainers and processes over 500,000 bookings monthly. The financing will build on that operating footprint.
Use of funds
Accelerate US expansion