NRG Gyms, a London, UK-based brand with seven gym sites, raised £4M in funding.
Puma Growth Partners made the investment.
The company intends to use the funds to expand its portfolio of gyms across the UK and the use of data and analytics to improve the member experience.
Led by Founder and CEO Shafiq Ahmed, NRG operates 7 gyms across the UK including 24/7 access, access to all classes, saunas, and free parking. All with no contract. Its communities, known as NRG Tribes, are united by a common passion for health, fitness and wellbeing.
Launched in 2013, the business has expanded over recent years to seven gyms and over 30,000 members across the UK in cities including London, Manchester, Newcastle, and Sheffield.
NRG has also recently strengthened its management team with the appointment of Neil Greenhalgh to its Board as Non-Executive Director.
FinSMEs
16/01/2025