Charles Russell Speechlys has advised Fit Cloud Technology Limited (trading as Membr) in relation to an investment by the Northern Powerhouse Investment Fund (NPIF) managed by Maven.
Membr’s innovative fitness platform connects the fitness industry with its members. The cloud-based fitness software solution allows gym owners to manage memberships whilst their personal trainers can actively support customers on their fitness journey.
Commenting on the transaction, Jack Malin, CEO at Membr said: “We are thrilled to receive this investment from NPIF. As a business, we’re looking forward to this next phase of growth in our journey and expanding both nationally and internationally. We look forward to working with the team at Maven in the upcoming years,”
Corporate Partner, Andrew Clarke said: “We have been working with Jack and the team since the company’s inception and it’s great to see it receive this milestone investment from Maven and NPIF”.”