Powers Gymnastics Raises $16.8M in Series A Funding

Powers Gymnastics, a Nashville, TN-based youth sports, facilities, equipment and gymnastics program provider, raised $16.8M in Series A funding.

The round was led by Relevance Ventures.

Founded by Jill Powers and Trevor Thompson, Powers Gymnastics is a youth sports, facilities, equipment and gymnastics program provider creating a participant-centric experience for all levels of gymnasts and coaches. Its solutions support athletes not just physically but mentally and emotionally.

With this funding, the company plans to continue its mission of providing accessible, state-of-the-art gymnastics facilities, which includes the manufacturing of Ninja Warrior obstacles and providing comprehensive insurance solutions for gym owners. Powers is an early adaptor for combining Ninja Warrior obstacle courses with gymnastics, in addition to gamifying and mindfully aligning family, fun and competition for athletes and coaches, inside and outside of the training facility.

FinSMEs

21/03/2023