Peerfit Closes $8M Series B Funding Round

Peerfit, a Tampa, Fla.-based digital platform for insurance carriers, brokers and employers to offer fitness classes and wellness services to their clients and employees, closed an $8m Series B funding round.

With the closing of this round, Peerfit raised $10.3m by private investors in the last year’s offering.

Backers included:
– Jeff Vinik, Owner of the Tampa Bay Lightning (NHL),
– Lee Arnold, Colliers International Florida Executive Chairman, and
– Bob Smith, Chairman and CEO of PAR, Inc.

The company intends to use the funds to accelerate growth.

Led by Ed Buckley, III, PhD, CEO, Peerfit is a digital platform for insurance carriers, brokers and employers to access to a network of premium fitness studios – offering a variety of classes that cater to all levels of fitness.
Companies only pay for employees who use Peerfit, which allows organizations to instantly upgrade their wellness programs without a premium price.

The Peerfit Studio Network include more than 2,000 fitness studios across 43 states.

In addition to the investment, the company announced the new Board of Directors, which now includes co-founders Ed Buckley, III, PhD and Scott Peeples, Jeff Vinik, Lee Arnold, Marc Blumenthal, and Jim Philip.



Join the discussion