Silofit
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | <1m | 2.4m | 4.7m | 4.7m | <1m |
% growth | - | 433 % | 96 % | - | (82 %) |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | $100k | Seed | |
$750k | Seed | ||
CAD2.5m | Seed | ||
* | $2.0m | Debt | |
* | $10.3m | Series A | |
Total Funding | AUD20.0m |
Recent News about Silofit
EditSilofit operates in the fitness industry, providing private fitness spaces that can be booked on demand. The company serves personal trainers, fitness enthusiasts, and individuals seeking a flexible and private workout environment. Silofit’s business model revolves around renting out these private spaces, which are equipped with gym equipment and amenities, on an hourly basis. This allows personal trainers to conduct one-on-one sessions with clients without the need for a long-term lease or membership. Additionally, fitness enthusiasts can book these spaces for personal use, ensuring a private and uninterrupted workout experience. Silofit generates revenue through the hourly rental fees charged for the use of these spaces. The company also partners with Strive Life Athletics to offer certification and continued education for personal trainers, enhancing their skills and knowledge. This partnership further solidifies Silofit’s position as a comprehensive solution for fitness professionals.
Keywords: private fitness spaces, on-demand booking, personal trainers, fitness enthusiasts, hourly rental, gym equipment, workout environment, certification, continued education, Strive Life Athletics.