Solo60
Solo60 is a technology company.
Financial History
Solo60 has raised $130K across 2 funding rounds.
Frequently Asked Questions
How much funding has Solo60 raised?
Solo60 has raised $130K in total across 2 funding rounds.
Solo60 is a technology company.
Solo60 has raised $130K across 2 funding rounds.
Solo60 has raised $130K in total across 2 funding rounds.
Solo60 has raised $130K in total across 2 funding rounds.
Solo60's investors include Alpha Prime Fund, AME Cloud Ventures, Felicis Ventures, Founders Fund, Giant Ventures, Hardware Club, Khosla Ventures, Sound Ventures, Trucks Venture Capital, Y Combinator, Aaron Levie, Dustin Moskovitz.
Solo60 is a London-based technology-enabled wellness company that operates a network of exclusive micro-gyms and therapy spaces, bookable by the hour for individuals, small groups, personal trainers, or corporate teams.[1][2][5] It transforms unused real estate like offices and retail units into fully equipped, private fitness venues, solving pain points such as high rents trapping professionals, inflexible gym contracts, overcrowded spaces, and £558m in wasted UK memberships annually, with 80% of fitness pros failing within two years.[1][3] Backed by £3.5 million from founders and investors, Solo60 serves fitness enthusiasts, personal trainers (PTs), and corporates seeking commitment-free, premium wellness access via an app, emphasizing privacy, flexibility, and on-demand booking.[1][4][5][6] Growth is evident in its expanding London network (e.g., Shoreditch, Bankside, Fitzrovia) and ambitions for global scale.[1][5][6]
Solo60 was founded in 2019 by Ben Alderton, a successful personal trainer frustrated with big-box gym contracts, rising rates, and lack of flexibility in running his business or serving clients.[1][3] What started as his "escape plan from the conglomerates" evolved into a mission to build the world's largest wellness network by repurposing unused urban spaces into tech-connected, hourly bookable micro-gyms.[1][3] Early traction came from addressing industry failures—high professional churn and member dissatisfaction—leading to partnerships like with IndigoFitness for custom, space-efficient equipment in compact venues.[2] Pivotal moments include securing £3.5m in funding and launching an app-based platform that now spans multiple prime London locations.[1][5]
Solo60 rides the post-pandemic wellness boom, where demand for private, flexible fitness surges amid hybrid work, urban density, and backlash against traditional gyms' rigidity.[1][3] Timing aligns with unused real estate glut (offices/retail) and proptech trends, enabling low-cost scaling via underutilized spaces transformed by IoT-enabled booking tech.[1][2][3] Market forces like rising mental health focus, corporate wellness budgets, and £558m UK membership waste favor its model, disrupting a fragmented industry valued in billions.[1][4] It influences the ecosystem by empowering PTs (countering 80% failure rate), boosting building monetization (e.g., co-working/hotels), and pioneering "micro-gym as a service" globally from London.[1][4]
Solo60 is poised to dominate urban wellness by expanding its network beyond London—targeting every major city—while enhancing its app with pro matching, content studios, and corporate builds.[1][4] Trends like AI-personalized fitness, Web3 loyalty (e.g., credits/memberships), and global real estate repurposing will accelerate growth, potentially capturing share from chains amid wellness's trillion-dollar trajectory. Its influence may evolve from niche disruptor to category leader, humanizing fitness for pros and users alike, much like Alderton's escape plan redefined space for wellness.[1][3]
Solo60 has raised $130K across 2 funding rounds. Most recently, it raised $58K Seed in February 2020.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 1, 2020 | $58K Seed | Alpha Prime Fund, AME Cloud Ventures, Felicis Ventures, Founders Fund, Giant Ventures, Hardware Club, Khosla Ventures, Sound Ventures, Trucks Venture Capital, Y Combinator, Aaron Levie, Dustin Moskovitz, Jeff Bezos, Marc Benioff, Sam Altman | |
| Aug 1, 2019 | $72K Seed | Alpha Prime Fund, AME Cloud Ventures, Felicis Ventures, Founders Fund, Giant Ventures, Hardware Club, Khosla Ventures, Sound Ventures, Trucks Venture Capital, Y Combinator, Aaron Levie, Dustin Moskovitz, Jeff Bezos, Marc Benioff, Sam Altman |