Urban Sports Club Acquisition, Valuation, Funding & Investors

Urban Sports Club was acquired by Wellhub for $600M in March 2025.

Urban Sports Club acquisition price

$600M

Acquired by Wellhub · Mar 2025

Cumulative funding Urban Sports Club raised

$200M

across 2 funding rounds

Key investors in Urban Sports Club

  • HV Capital
  • Partech
  • RTP Global
  • b2venture
  • Verdane
  • Rocket Internet
  • Inkef
  • Rheingau Founders

Urban Sports Club Overview

About Urban Sports Club

Urban Sports Club is a Berlin-headquartered fitness subscription service granting access to over 10,000 venues across Germany, France, Italy, Spain, Portugal, and Belgium. Members select from yoga studios, climbing gyms, pools, and team sports via a single app. Founded in 2012, the platform has acquired competitors like OneFit to expand its multi-sport offerings for individuals and corporate wellness programs.


Founded

2012

HQ

GermanyBerlin

Status

Acquired

Customer focus

B2C

Revenue model

Subscription

Valuation

$600M (acquired Mar 2025)

Urban Sports Club Acquisition

Urban Sports Club was acquired by Wellhub for $600M on 25 March 2025.

Before the acquisition Urban Sports Club had raised $200M across 2 funding rounds.

Urban Sports Club, a Berlin-based European provider of corporate fitness programs, employee benefit programs, and consumer wellness solutions, offers members access to over 50 sports including fitness, yoga, swimming, climbing, and team sports via a smartphone app, with a strong presence in the DACH region and broad network of local partners. Wellhub, formerly Gympass, is a leading global corporate wellbeing platform valued at $2.4 billion with double year-over-year revenue growth, serving 39,000 corporate clients across 18 countries in the US, LATAM, and Europe, connecting five million employees to 97,000 wellness partners encompassing fitness, mindfulness, therapy, nutrition, and sleep. The companies announced a definitive acquisition agreement in March 2025, completed by September 2025 in a $600 million deal (over 500 million euros), creating the world's largest corporate wellness platform amid surging demand for holistic employee health benefits to boost engagement, productivity, and curb healthcare costs. The strategic rationale combines Wellhub's global reach, technology platform, and offerings with Urban Sports Club's established European footprint, enabling accelerated growth, innovation, expanded access to physical and digital wellness for millions, and new opportunities for partners like gyms and apps to reach larger corporate audiences. Urban Sports Club co-founders Moritz Kreppel and Benjamin Roth are reinvesting in the combined entity, which will initially retain the Urban Sports Club brand. The deal, one of Europe's largest startup exits of 2025, faced competition authority approval and escalates rivalry with players like EGYM's Wellpass, amid both firms' acquisition sprees including Wellhub's prior purchase of Italy's Fitprime. Post-acquisition, the unified platform serves 34,500 corporate clients with 83,000 holistic wellbeing partners, positioning Wellhub for market consolidation in Europe, potential IPO preparations, and leadership in high-engagement wellness benefits that simplify HR needs and meet diverse employee preferences across regions.

Urban Sports Club acquisition details
AcquirerDateTypePrice
25 Mar 2025Strategic M&A$600M

Urban Sports Club Funding History

Urban Sports Club has raised a total of $200M across 2 funding rounds.

Urban Sports Club's first fundraising round was a $95M undisclosed-stage round in June 2021. The most recent completed round was a $105M undisclosed-stage round in December 2023.

Urban Sports Club funding rounds

Urban Sports Club funding rounds
DateStageInvestorsRaisedDeal Summary
Dec 2023Undisclosed stageVerdane (lead); b2venture; ProSiebenSat.1 Media; HV Capital$105MUrban Sports Club is a Berlin-based platform offering subscription access to over 11,000 sports and wellness venues across more than 50 activities in seven European markets including Germany, the Netherlands, France, Belgium, Spain, and Portugal, with Austria planned next. Founded in 2012 by Moritz Kreppel and Benjamin Roth, it pioneered sports digitization and focuses on B2B employee benefits, serving over 7,000 corporate clients from SMEs to enterprises, which now form the majority of its member base. The company raised €95 million in December 2023 led by Verdane, with participation from existing investors HV Capital, b2venture, and ProSiebenSat.1 Media. Funds will accelerate B2B growth, enhance the platform and member experience, and expand the partner network. Net revenues doubled (100% YoY growth) from 2021 to 2022, with strong growth continuing into 2023 driven by corporate clients, and the company is reported as profitable. This marks expansion following a €80 million raise in 2021, amid rising demand for employee wellness benefits supported by studies showing high employee retention value.
Jun 2021Undisclosed stageClaret Capital Partners; Partech; Rheingau Founders; SevenGrowth; HV Capital; RTP Global; Rocket Internet; Inkef$95MUrban Sports Club is Europe's leading platform for sports and wellness, offering subscription access to gyms, studios, and fitness activities across multiple cities, with a focus on creating an inclusive community for active lifestyles. The company raised over €80 million in a financing round around June 30, 2021, supported by investors including ProSiebenSat.1 Group, with funds aimed at increasing brand awareness through advertising and expanding its online sports membership model. In December 2023, Urban Sports Club secured €95 million led by Verdane, with HV Capital joining, reporting 100% net revenue growth from 2021 to 2022 and strong 2023 growth driven by over 7,000 corporate clients. Later developments include a €95M growth investment in 2023 and acquisition by Wellhub (formerly Gympass) announced in spring 2025 for over €500M (around $600M), with the brand retained initially. Recent reports value Wellhub at $2.4B with YoY revenue doubling at acquisition time.

Who has invested in Urban Sports Club?

11 investors have backed Urban Sports Club across its funding rounds, including HV Capital, Partech, RTP Global, b2venture, Verdane and Rocket Internet.

Lead investors include Verdane.


Urban Sports Club Investors

Investors in Urban Sports Club by funding rounds participated
InvestorHQRoundsRoleFirst check
HV CapitalGermanyMunich2ParticipantJun 2021
Claret Capital PartnersUnited KingdomLondon1ParticipantJun 2021
b2ventureGermanyBerlin1ParticipantDec 2023
ProSiebenSat.1 MediaGermanyMunich1ParticipantDec 2023
VerdaneNorwayOslo1LeadDec 2023
PartechFranceParis1ParticipantJun 2021
Rheingau FoundersGermanyBerlin1ParticipantJun 2021
SevenGrowthGermanyMunich1ParticipantJun 2021
RTP GlobalUnited KingdomLondon1ParticipantJun 2021

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Acquisitions by Urban Sports Club

Urban Sports Club has acquired 5 companies to date.

Last acquisition by Urban Sports Club was on August 29th 2024. Urban Sports Club acquired myClubs for undisclosed valuation.


Latest Acquisitions by Urban Sports Club

myClubs
OneFit
Bonofit
SoMuchMore
Description
myClubs is a Vienna-headquartered digital fitness platform granting access to over 1,200 partner gyms, boutique studios, and classes across Austria and Switzerland. The service provides flexible monthly memberships and corporate wellness programs utilized by employees at IBM, Deloitte, EY, Danone, and ENI. It covers urban centers like Zurich, Geneva, Salzburg, and Innsbruck with options for yoga, CrossFit, and cycling sessions.
OneFit is a subscription-based fitness platform granting access to thousands of gyms, studios, and sports facilities across the Netherlands, Germany, and Spain. Amsterdam-headquartered since 2014, the service offers flexible monthly passes for unlimited visits to over 5,000 venues including yoga studios, climbing gyms, and boutique fitness centers. OneFit partners with chains like Basic-Fit and SportCity, enabling users to discover varied workouts without long-term contracts. Their app facilitates instant booking, class reservations, and community events, catering to urban professionals seeking diverse physical activities.
Bonofit was a Barcelona-based subscription platform for booking fitness classes at studios across Spain until its acquisition by Berlin's Urban Sports Club in December 2018. Users accessed yoga, CrossFit, pilates, and gym sessions in cities like Madrid, Valencia, and Bilbao through monthly passes.
Berlin-headquartered SoMuchMore runs a digital marketplace connecting users to fitness, meditation, and martial arts studios. The platform lists Pilates, dance, nutrition coaching, and personal development programs with an interactive city map for studio locations. SoMuchMore launched in 2014, enabling bookings for health and wellness services in Germany.
HQ CountryAustriaNetherlandsSpainGermany
HQ City
Vienna
Amsterdam
Madrid
Berlin
Deal Date29 Aug 20248 Aug 201929 Jan 20199 Dec 2016
Valuationundisclosedundisclosedundisclosedundisclosed
EV/Revenue
EV/EBITDA

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Urban Sports Club Competitors

Urban Sports Club competitors include listed companies like Maoyan Entertainment, Cars.com and Hypoport, and private ones like Apartment List, Zora and Peek.

Public and private companies comparable to Urban Sports Club
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Apartment ListUnited StatesSan Francisco, CAPrivate$37M-$600M16.2x
ZoraUnited StatesLos Angeles, CAPrivate--$600M-
Maoyan EntertainmentChinaChinaPublicly listed$691M$124M$596M0.1x
Cars.comUnited StatesUnited StatesPublicly listed$723M$157M$608M1.4x
PeekUnited StatesSan Francisco, CAPrivate--$590M-
HypoportGermanyGermanyPublicly listed$694M$78M$590M0.8x

Urban Sports Club Public Comps

Urban Sports Club is no longer listed, but its public comps include Maoyan Entertainment, Cars.com, Hypoport, Nerdwallet, DIP, CJ CGV, Cineplex, Hollywood Bowl Group, Tivoli and Koshidaka Holdings.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Maoyan Entertainment$691M$124M0.1x0.1x0.7x1.0x
Cars.com$723M$157M1.4x1.4x6.5x4.8x
Hypoport$694M$78M0.8x0.8x6.9x6.8x
Nerdwallet$837M$112M0.6x0.6x4.7x3.6x
DIP$353M$85M1.5x1.5x6.1x7.4x
CJ CGV$1.7B$216M1.2x1.1x8.9x6.8x
Cineplex$921M$180M1.9x1.7x9.7x8.1x
Hollywood Bowl Group$337M$121M2.5x2.3x6.9x6.7x

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Common questions about Urban Sports Club

When was Urban Sports Club founded?Urban Sports Club was founded in 2012.
Where is Urban Sports Club headquartered?Urban Sports Club is headquartered in Berlin, Germany.
Is Urban Sports Club publicly listed?No, Urban Sports Club was acquired by Wellhub in March 2025.
Who acquired Urban Sports Club?Urban Sports Club was acquired by Wellhub in March 2025.
How much was Urban Sports Club acquired for?Urban Sports Club was acquired for $600M in March 2025.
How much funding has Urban Sports Club raised?Urban Sports Club has raised $200M across 2 funding rounds.
What was Urban Sports Club's last funding round?Urban Sports Club's last funding round was a $105M undisclosed-stage round in December 2023, led by Verdane.
Who are Urban Sports Club's investors?Urban Sports Club's investors include HV Capital, Claret Capital Partners, b2venture, ProSiebenSat.1 Media, Verdane, Partech, Rheingau Founders, SevenGrowth, RTP Global, Rocket Internet and 1 other.
Which companies are comparable to Urban Sports Club?Companies comparable to Urban Sports Club include Apartment List, Zora, Maoyan Entertainment, Cars.com, Peek and Hypoport.
How many companies has Urban Sports Club acquired?Urban Sports Club has acquired 5 companies, including myClubs, OneFit, Bonofit, SoMuchMore and fitengo.

See companies similar to Urban Sports Club

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