HomeSpainHarbiz Raises €5M in Funding

Harbiz Raises €5M in Funding

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Harbiz

Harbiz, a Madrid, Spain-based provider of a technology platform for fitness professionals, raised €5M in funding.

The round was led by Octopus Ventures, with participation from existing investors including JME Ventures, Athos Capital, and Enzo Ventures.

The company intends to use the funds to accelerate its go-to-market strategy of product-led growth, in addition to continuing to attract international talent.

Led by Mario Morante and Javier Ortega, Harbiz provides a technology platform for fitness and health professionals. The startup offers a personal experience to wellness professionals by enabling them to digitize and manage their services, boosting their personal brand, and reaching a global audience from their smartphone.

Currently present in more than 35 countries, Harbiz has offices in Madrid and London. Currently, the company has more than 6,000 professionals advising more than 120,000 customers.

The company previously closed a €2.5M financing round in May 2022, with participation from funds including JME Ventures, Athos Capital, and Enzo Ventures and business angels such as Hugo Arévalo, Íñigo Juantegui and Andreas Mihalovits, among others. 

Commenting on the news, Mario Morante said: “We are very happy to have reached this milestone for the company and to have a new partner in Octopus Ventures, one of the most experienced VCs in Europe. We are convinced that with the great team that makes up Harbiz and the support of our partners, we will be able to meet our goals and become the global leader in our sector”.

FinSMEs

17/01/2024

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