Blok, a London, UK-based hybrid studio and digital fitness platform, secured £3.75m in funding.
The round was led by ACF Investors, with participation from Elcot Capital and The Santon Group, UK government’s Future Fund, Crowdcube and angel investor Rob Wirszycz, who will be joining the business as Chairman.
The funding will be used to build upon the company’s new hybrid model, that combines in-studio, at home and at-office programs, all linked through a single digital platform, to make a number of key additions to its management and sales teams and to continue to invest in its tech platform.
Founded in 2016 by Ed and Reema Stanbury and Max Oppenheim, Blok operates studios that combine fitness, art and design all under one roof. The company began as a boxing and yoga space based in Clapton, London, grew quickly and now has two physical sites in London (Clapton and Shoreditch) and another in Manchester.
In May 2020, Blok rolled out its digital offering, called BLOKtv.
The company currently offers over 200 live fitness classes every month and over 500 on demand videos.
FinSMEs
16/03/2022