Swiftr
Financials
Estimates*
EUR | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | <1m | <1m | <1m | <1m | <1m | <1m | <1m |
% growth | - | 397 % | 664 % | 132 % | (4 %) | - | - |
EBITDA | (<1m) | (<1m) | (<1m) | (<1m) | (<1m) | - | - |
% EBITDA margin | (323 %) | (507 %) | (312 %) | (101 %) | (108 %) | - | - |
Profit | (<1m) | (<1m) | (<1m) | (<1m) | (<1m) | - | - |
% profit margin | (335 %) | (523 %) | (350 %) | (106 %) | (116 %) | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | Early VC | ||
N/A | SEK8.7m | - | |
Total Funding | $1.1m |
Recent News about Swiftr
EditSwiftr is a fitness membership platform that provides users with access to a wide range of workout studios and activities through a single subscription. The company caters to fitness enthusiasts who seek variety and flexibility in their workout routines. Operating in the health and wellness market, Swiftr partners with numerous fitness studios to offer a diverse selection of classes, including yoga, pilates, dance, and high-intensity interval training (HIIT).
Swiftr's business model is based on a subscription service where users pay a monthly fee to gain access to multiple fitness studios and activities. This model allows users to explore different types of workouts without being tied to a single gym membership. The company generates revenue through these subscription fees and shares a portion of the revenue with its partner studios.
Swiftr's target clients are individuals who value variety in their fitness routines and prefer the convenience of a single membership that grants access to multiple workout options. The platform also appeals to those who may find traditional gym memberships restrictive or monotonous.
By leveraging partnerships with fitness studios, Swiftr ensures a broad and dynamic range of workout options for its users. The company also emphasizes data security and privacy, using third-party service providers to handle payment information and other sensitive data securely.
Keywords: fitness membership, workout studios, subscription service, health and wellness, yoga, pilates, dance, HIIT, partner studios, data security.