EGYM, a Munich-based fitness technology company, secured approximately $200M in growth funding.

Leading the investment round were L Catterton and Meritech Capital. The funds will be used for expanding EGYM's wellness network and further development of its digital solutions and smart gym equipment.

With the new funding, EGYM aims to enhance its AI-driven workout experiences and support its market presence. The company, led by CEO Philipp Roesch-Schlanderer, partners with businesses to improve employee health through advanced fitness technologies.

In the spring, EGYM unveiled its AI-based software, EGYM Genius, which offers personalized training plans. Currently, EGYM's Wellpass network connects 17,000 sports partners and 14,000 corporate customers, serving over three million employees worldwide.