The company plans to use the investment to strengthen its presence in the United Kingdom and Germany and introduce innovative features on its platform.
Led by Octopus Ventures, the funding round included participation from JME Ventures, Athos Capital, and Enzo Ventures. Harbiz offers an all-in-one digital platform for various fitness professionals, including personal trainers and yoga instructors, to manage their business online. The platform, which operates in over 35 countries, has doubled its revenue in 2023 and supports over 6,000 professionals managing 120,000 clients.
Harbiz stands out for its comprehensive digital management tools tailored for fitness professionals, encompassing exercise routines, bookings, and client progress tracking. The latest funding will focus on integrating AI tools to enhance user experience, aligning with Harbiz’s goal of simplifying wellness professionals’ work and expanding their global reach.
This round of investment marks significant growth for Harbiz, following a $2.72 million funding round in May 2022, and reflects its commitment to technological innovation in the wellness sector.