LegitFit secures €1.74m in funding to accelerate UK market expansion
25 August, 2024
Congratulations to the LegitFit team, a Cork-based gym management software company, who have successfully raised €1.74m to fuel its growth in the competitive UK market.
Founded in 2019 by Ryan O’Neill, Gearoid Collins, and Ian O’Sullivan (pictured above), LegitFit has rapidly emerged as a key player in the fitness technology industry, offering an innovative platform that connects customers with physiotherapists, massage therapists, personal trainers, and fitness classes.
AxisBIC have worked with LegitFit on their business plan and fundraising and in 2020, Ryan O’Neill, CEO pitched for investment at the AxisBIC Venture Academy while in 2023 co-founder Ian O'Sullivan participated in our Celebration of High Growth Startups.
This latest funding round received substantial backing from Business Venture Partners (BVP) through EIIS, Delta Partners, and US-based TechStars, with Delta Partners and TechStars continuing their support as follow-on investors. The capital injection will enable LegitFit to double down on its expansion in the UK and explore further opportunities in other English-speaking markets, including the US, Australia, and New Zealand.