Online
2.5k+
workouts
Over
c.500k
paying subscribers
Customers
c.90%
on a 12-month subscription
Gymondo is the #1 D2C online fitness subscription platform in the DACH region, offering high-quality workout videos, customised fitness programmes, personalised nutrition plans, as well as mindfulness content.
Gymondo's proven social media influencer strategy enables cost-effective customer acquisition, serving its subscribers through a platform with ~1,500 workouts and ~2,000 recipes, embedded in a unique customer experience.
In September 2020, we acquired a majority stake in 7NXT, the parent company of Gymondo, from founder and CEO Markan Karajica and Crosslantic Capital.
Oakley is partnering with Markan and the management team to accelerate and scale Gymondo in the rapidly-growing online fitness market, both domestically and internationally.
Markan Karajica
Founder & CEO — Gymondo
The online fitness market in which Gymondo operates is benefitting from a continuing offline-to-online shift as well as structural growth tailwinds such as increasing consumer awareness of physical and mental health. This offers significant headroom for continued expansion as consumers increasingly value the convenience and accessibility of online fitness.
Our origination network helps us source investments others cannot. Often, we are the first institutional investor in our portfolio companies.
