Notable New VZfit Customer: Wellbridge Athletic Clubs
VirZOOM is delighted to welcome Wellbridge to the global community of VZfit customers.
Based in Denver, Colorado, Wellbridge owns and manages 20 athletic and tennis clubs and spas across the U.S.
Wellbridge has developed an exclusive approach to combining fitness and wellness that caters to every way of life. From active kids' programs to executive-style amenities and everything in-between, our Clubs offer an experience that fits each Member's lifestyle.
Incremental new memberships is the name of the game for health clubs, and today competition is fierce for younger members especially. VZfit vSports attracts young members and families by giving teens and kids a fun way to work out while their parents do their thing. Differentiation is also key. Clubs are always looking for new services that let them stand out from the pack. VirZOOM by offering defined periods of exclusivity gives clubs a head start to establish a unique offering in the geographic market they serve, and get a leg up on the competition.
A club chain with 20 locations represents a $100,000 potential net revenue opportunity, with $40,000 in annual recurring revenue. We have dozens of club chains in the pipeline, some with as many as 2,000 locations. Vertical market opportunities in progress include sales partner programs in development to target more than 500 NCAA Division I and Division II Colleges, multinational corporations looking to create global corporate Sports leagues that engage employees in healthy competition, and 5,000 US military bases worldwide where 18- to -22-year old service personnel can engage in competition among service branch branded leagues from recreation centers and fitness centers.
Wefunder supports three different federal laws that allow startups to raise money legally. To comply with the law, Wefunder Advisors LLC and Wefunder Portal LLC (both owned by Wefunder Inc) also list startups depending on the regulation used.
Legal May 16th 2016
Wefunder Portal LLC
for 316 startups
Wefunder Advisors LLC
for 105 startups
for 3 startups
Curious how well the companies have done? Or how many raised follow-on financing?
Some fine print: 1) These numbers include startups currently live on Wefunder if they pass their minimum target. 2) Some startups use two different laws at the same time (i.e., Regulation D and Regulation Crowdfunding).
Join 502,212 investors who funded 403 startups with over $144.5 million1
wefunder.com/updates/97804-notable-new-vzfit-customer-wellbridge-athletic-clubs is managed by
Wefunder Portal LLC.
Wefunder Inc. runs wefunder.com and is the parent company of Wefunder Advisors LLC and Wefunder Portal LLC. Wefunder Advisors is an exempt reporting adviser that advises SPVs used in Reg D offerings. Wefunder Portal is a funding portal (CRD #283503) that operates sections of wefunder.com where some Regulation Crowdfunding offerings are made.
Wefunder, Inc. operates sections of wefunder.com where some Regulation D and A offerings are made. Wefunder, Inc. is not regulated as either a broker-dealer or funding portal and is not a member of FINRA.
You may also view our Privacy Notice.