solidcore

solidcore

High-intensity, low-impact resistance training classes

About solidcore

Simplify's Rating
Why solidcore is rated
C
Rated C on Competitive Edge
Rated B on Growth Potential
Rated D+ on Rating Differentiation

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

Overview

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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Significant Headcount Growth
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Funded Recently
Simplify Jobs

Simplify's Take

What believers are saying

  • Solidcore's acquisition by L Catterton supports growth and market expansion.
  • The rise of hybrid fitness models aligns with Solidcore's in-studio and online offerings.
  • Increased demand for personalized fitness experiences benefits Solidcore's specialized classes.

What critics are saying

  • Emerging boutique fitness studios may dilute Solidcore's market share.
  • Economic downturns could reduce discretionary spending on fitness memberships.
  • The rise of at-home fitness solutions may decrease demand for in-studio classes.

What makes solidcore unique

  • Solidcore offers high-intensity, low-impact workouts on custom-built reformers.
  • The company focuses on slow, purposeful movements to target core muscles effectively.
  • Solidcore provides both in-studio and online classes, catering to diverse client needs.

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Funding

Total Funding

$6.5M

Above

Industry Average

Funded Over

2 Rounds

Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison
Coming Soon

Benefits

Unlimited Paid Time Off

Health Insurance

Phone/Internet Stipend

Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

22%

1 year growth

22%

2 year growth

22%
Business Wire
Feb 5th, 2025
Comvest Credit Partners Serves as Joint Lead Arranger on $325 Million Senior Credit Facility for Solidcore

Comvest Credit Partners, a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is actin

Bizjournals
Sep 25th, 2024
Solidcore Sold to L Catterton for $600M-$700M

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.

JSONline
Jun 7th, 2024
Wisconsin's third Solidcore studio plans to open at The Corners of Brookfield this fall

Wisconsin's third Solidcore studio plans to open at The Corners of Brookfield this fall.

Solidcore
Feb 1st, 2024
honor history, [strengthen] the future: how [solidcore] is celebrating Black History Month

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.

PYMNTS
Jan 22nd, 2024
Solidcore Says Subscriptions Take Over Wellness Industry As Consumers Seek Convenience

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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