Funding

bsport funding news – Barcelona-based bsport has Secured €30 Million in Series B Round Funding

Dec 13, 2024 | By Kailee Rainse

bsport funding news - Barcelona-based bsport has Secured €30 Million inn Series B Round Funding

Barcelona-based bsport, a platform for wellness studios, has raised €30 million in Series B funding, led by Base10 Partners and Octopus Ventures. Other investors include Stanford University, Seventure Partners, and Seed4Soft.

SUMMARY

  • Barcelona-based bsport, a platform for wellness studios, has raised €30 million in Series B funding.
  • Founded in 2018 by Zakaria and Sofian, bsport’s mission is to help studio owners follow their passion with innovative technology.

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.”

bsport, founded in 2018, now serves over 2,000 clients in Europe and North America. Its all-in-one platform helps wellness studios manage bookings, payments, staff, marketing, and analytics.

With a team of 160 and offices in Barcelona, Paris, London, and Berlin, bsport is ready to support clients worldwide and meet the growing demand for wellness tech.

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The new funding will help bsport expand into the UK, Europe, North America, and APAC, while also investing in AI-driven solutions. The company plans to triple its workforce by 2026, focusing on hiring top talent for its tech hub in Paris.

It says the global wellness market is expected to reach €8.5 trillion by 2028, creating opportunities for its AI-powered platform. By using generative AI and smart technology, the platform aims to help studios run more efficiently, offer highly personalized experiences, and automate complex tasks.

TJ Nahigian, co-founder and managing partner at Base10 Partners said, “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, 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.”

After raising €4 million in Series A funding in 2022, it is now using this new investment to improve its technology and grow internationally.

About bsport

Founded in 2018 by Zakaria and Sofian, bsport’s mission is to help studio owners follow their passion with innovative technology. From offices in Barcelona and Paris, the company now serves over 2,000 partners in more than 40 countries, with an active community of over 600,000 members.

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