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Industries
Healthcare
Consumer Goods
Company Size
1,001-5,000
Company Stage
Debt Financing
Total Funding
$6.5M
Headquarters
Washington, District of Columbia
Founded
2013
Solidcore offers high-intensity, low-impact resistance training workouts through 50-minute classes that emphasize slow, purposeful movements to engage core muscles. These workouts are designed to be both challenging and safe, reducing the risk of injury while maximizing muscle engagement. Solidcore caters to fitness enthusiasts of all levels, providing both in-studio and online class options. Clients can book classes individually or purchase memberships for multiple sessions, and the company also offers corporate packages and gift cards. Revenue is generated through class bookings, memberships, and merchandise sales, with a referral program that rewards clients for bringing in new members. Solidcore's goal is to make effective fitness accessible to a wide audience while ensuring steady growth in the health and wellness market.
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Total Funding
$6.5M
Above
Industry Average
Funded Over
2 Rounds
Unlimited Paid Time Off
Health Insurance
Phone/Internet Stipend
Flexible Work Hours
Comvest Credit Partners, a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is actin
Solidcore Holdings LLC is being sold to private equity firm L Catterton, backed by LVMH SE, in a deal valued between $600 million and $700 million, according to Reuters. The investment will support Solidcore's growth and expansion into new and existing markets. Founder Anne Mahlum sold her stake 18 months ago to Kohlberg & Co., Peterson Partners, and VMG Partners. CEO Bryan Myers will remain in his role post-sale.
Wisconsin's third Solidcore studio plans to open at The Corners of Brookfield this fall.
Throughout the month, Solidcore will be partnering with the Loveland Foundation, a 501(c)(3) that works to provide resources to communities of color by providing financial assistance to those seeking therapy.
As consumers increasingly expect seamless convenience across all their daily routines, health and wellness services are increasingly relying on subscription models. In an interview with PYMNTS, Shane McCarthy, senior vice president of digital and marketing at strength training company Solidcore, noted that the wellness industry is shifting toward subscription models as consumers look for convenient, predictable services and as companies in the space aim to drive recurring revenue. “There’s just an ongoing increase in the amount of spend on wellness subscriptions, as people prioritize their health and wanting to feel good,” McCarthy said. “I think the industry has moved this way a lot over the last maybe 5 to 10 years, when you look at everything from wearables to nutrition. For consumers, it’s taking the hassle out of reordering, and it enables companies to able to provide better value, due to being able to better plan demand, supply chain — stuff like that.”
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Industries
Healthcare
Consumer Goods
Company Size
1,001-5,000
Company Stage
Debt Financing
Total Funding
$6.5M
Headquarters
Washington, District of Columbia
Founded
2013
Find jobs on Simplify and start your career today