Barcelona-based bsport, a platform for boutique wellness studios, has closed a €30 million Series B funding round led by Base10 Partners and Octopus Ventures.
The round also attracted participation from Stanford University and existing investors Seventure Partners and Seed4Soft.
Zakaria Mansour, CEO and Co-founder of bsport, outlined the company’s vision: “With the support of our new and existing investors, bsport is on a mission to unlock the full potential of wellness studios by providing an unparalleled, all-in-one solution that combines advanced technology and innovation with a deep understanding of our clients’ needs.”
Founded in 2018, bsport has grown to serve over 2,000 clients across Europe and North America. Its all-in-one platform streamlines operations for wellness studios, offering solutions for course bookings, payments, staff management, marketing, and analytics.
With a team of 160 and offices in Barcelona, Paris, London, and Berlin, the company is positioned to support clients on a global scale and meet the increasing demand for advanced wellness technology.
This latest funding will enable bsport to expand further into the UK, Europe, North America, and APAC regions while accelerating investment in AI-powered solutions. The company plans to triple its workforce by 2026, with a focus on recruiting top talent for its Paris-based tech hub.
According to bsport, the global wellness market, projected to reach €8.5 trillion by 2028, presents opportunities for bsport’s AI-enhanced platform.
By incorporating generative AI and intelligent agents, the platform aims to enable studios to achieve greater efficiency, deliver hyper-personalised experiences, and automate complex tasks.
“bsport is well-positioned to take on the needs of small and medium-sized businesses in the wellness space—an industry that has largely gone underserved by technology,” said TJ Nahigian, co-founder and managing partner at Base10 Partners. “Zakaria and team’s all-in-one platform helps these businesses take control of their own growth, and we are thrilled to be supporting this special team.”
Uthish Ranjan, Partner at Octopus Ventures, praised the platform’s impact: “We’re delighted to be supporting bsport, and have been impressed with the user experience and capabilities of their all-in-one solution that has helped thousands of gyms and wellness centers to make efficiency gains, and drive growth through their full-stack sales and marketing modules. We’re really excited to see our funds used to significantly expand their presence in the UK market, and can’t wait to see what the team does next.”
Building on the success of its €4 million Series A in 2022, bsport is now focused on leveraging this latest investment to enhance its technological offerings and expand its international footprint.
Read the orginal article: https://www.eu-startups.com/2024/12/bsport-lands-e30-million-to-redefine-wellness-studio-operations/