Endurance Zone, the rewards & engagement platform for sports and fitness brands, has secured additional funding, bringing a close to its most recent funding round.
The latest funding comes from Equable Partners, a UK-based investment firm co-founded by Simon Hook and Matt Duckhouse, which has invested in a number of UK-based software companies. The exact amount of the latest funding round was not disclosed, although Endurance Zone stated it is a multi-million dollar figure.
David Birch, Founder and CEO of Endurance Zone, said “This recent investment serves as a remarkable testament to the dedication and effort of our team over the past few years.
“We’re absolutely delighted to have Simon and Matt on board. Their wealth of experience in scaling B2B ventures is a valuable asset, and there’s no question they will contribute to our rapid growth.”
The newly secured funding will be used to accelerate growth of Endurance Zone’s white-label rewards and data platform. This has gained adoption among sports-related organisations and helps to drive customer engagement and retention.
Endurance Zone adds that it is… ‘poised to meet the increasing global demand for its services by making strategic investments in technology enhancements, operational streamlining, and sales capacity expansion.’
Current Endurance Zone clients include: British Cycling, Fitness First, Great Run Company, Echelon, USA Cycling, Active Network and most recently a handful of NFL and MLB teams.
Simon Hook, Co-Founder of Equable Partners, said “We are excited to partner with Endurance Zone as they continue to disrupt the sports and fitness industry. Their innovative approach to customer engagement aligns with our vision for technology-driven solutions, and we look forward to supporting their journey.”
Matt Duckhouse, Co-Founder of Equable Partners, added “Endurance Zone has demonstrated remarkable potential, and we believe this investment will help accelerate their growth and impact in the market.”
www.endurancezone.com
www.equable.partners
