Echelon Fitness Scores Another Round of Funding
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CHATTANOOGA, Tenn., April 28, 2021 /PRNewswire/ Echelon Fitness announces another successful round of growth and funding in the first quarter. Newly raised capital will help to forge new deals, bring in new content and talent for the Echelon community and continue to bring to market innovative products across multiple retailers. New investors include Goldman Sachs Growth, North Castle Partners, and United Talent Agency (UTA).
Echelon Fitness has taken on the challenge of meeting the marketplace demand offering a range of connected equipment at different price points, available at reputable big-box retailers and Echelon online to suit a much broader range of at-home fitness enthusiasts. Since 2020 Echelon boasts:
The pandemic radically changed the way Americans workout, creating an at-home fitness boom that paved the way for meteoric growth within the virtual fitness market. With gyms and studios temporarily shuttered in 2020, individuals forged new routines from the safety and comfort of their own homes with the help of a rapidly growing assortment of connected equipment and digitally streaming classes.
According to the advisory firm Lincoln International, the global digital fitness market ballooned to $27.4 billion in 2020, up 32.6% from $6.7 billion in 2017. While this growth was led by major players like Peloton, Mirror, and Apple Fitness, it also included a number of emerging companies bringing new high-tech equipment to the scene and diversifying the market.
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LAS VEGAS, April 19, 2021 /PRNewswire/ Concierge Health, a technology services platform which allows fitness and wellness brands to seamlessly connect with health insurers and corporate wellness programs, connecting consumers to incentives like reimbursements and rewards, has created a comprehensive connected Ecosystem providing a unique variety of engagement opportunities to guide and incentivize individuals along their wellness journey. Through the networked system of partners, the platform connects with individuals wherever, whenever, and however they choose to engage in healthy habits.
Concierge Health eHome Partner Ecosystem Solution
The expansion of the Concierge Health Ecosystem of verified data collection opportunities directly aligns with consumer demands to engage in healthy habits on their terms, while being rewarded by their programs benefits. Even with connectivity and data normalization/absorption limitations, Concierge Healt
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CHATTANOOGA, Tenn., April 14, 2021 /PRNewswire/ Echelon Fitness Multimedia LLC and Concierge Health Inc., a technology platform that provides health engagement solutions to reduce healthcare costs, improve outcomes and enhance the member experience, are working together to make positive health outcomes more attainable, sustainable and rewarding through incentive programs provided directly for health insurance policy holders and corporate wellness program members in return for their digital fitness participation.
An active lifestyle boosts health and immunity and reduces health insurance claims and costs. This new collaboration connects fitness data with online analytics to help insurance and corporate wellness companies track and reward physical fitness activities.
Press release content from PR Newswire. The AP news staff was not involved in its creation.
Echelon Fitness Expands into France and Germany
March 15, 2021 GMT
CHATTANOOGA, Tenn., March 15, 2021 /PRNewswire/ Connected fitness industry leader, Echelon Fitness is growing its global presence, officially launching Echelon Fit France and Echelon Fit Germany this month. The experience in both France and Germany will follow the successful model in the United States, with live and on-demand programming being offered from studios in each respective country.
The classes are filmed both live and on-demand in the native language of each country. Both France and Germany have in-country studios, warehouses and dedicated websites, boasting 23 French and ten German instructors. The schedule will start with a robust six to eight classes daily for each Studio (Connect Bike, Connect Row, FitPass and Reflect). The new French and German classes will also be available worldwide on the Echelon Fit app