Fitness brand Good Feeling received USD 15 M for Series B
Founder: Zhang Chunshan
Founded in: 2004
Financing status: RMB 100 million (USD 15 million) for Series B financing in 2017
The fitness brand, Good Feeling, received USD 15 M for Series B on August 30 to launch its fitness clubs in more cities across China.
Over the last few years, marathons have become a very popular sport, and many sports fans are joining marathon runs. But athletes’ injuries, usually neglected due to a lack of instruction, have become more and more serious. Because ordinary sports fans cannot get the same level of training as professional athletes, many of them join marathons without the right training. Recently, a fitness brand that provides ordinary sport fans with professional marathon training secured a USD 15 million Series B.
Good Feeling is a fitness brand that provides customers with domestic high-quality one-on-one and small group personal training services. It helps customers achieve their fitness goals more efficiently by completing body feeling training games, personalized physical analysis in entertainment, sports ability appraisal, and exclusive custom training, among others. Meanwhile, it integrates medical support to provide sports fans with professional training, helping them deal with muscle injuries, as well as recovery training. Besides professional marathon training, it also has professional basketball and tennis training and private courses available in its fitness clubs.
Founded in 2004 in Guangzhou, it currently has more than 80 fitness clubs in over 20 cities across China, including Shenzhen, Guangzhou, and Beijing. Additionally, the number of its service members cumulatively numbers over 300,000, with more than 900 full-time private coaches. It expects to have more than 100 fitness clubs by the end of this year.
This new financing round was led by Fortune Capital, with China Merchants Bank and Century Golden Resources Group participating as investors. The capital will be used to open new fitness clubs in more cities across China, as well as introduce data analysis technologies to boost its business.
P2P car rental service platform Atzuche receives undisclosed Series C+
Founder: Chen Weiyu
Founded in: 2014
Financing status: Undisclosed Series C+ financing in 2017
P2P car rental service platform Atzuche receives undisclosed Series C+ on August 30 to update its services.
Atzuche is a P2P car rental service platform that enables users to rent out their unused cars. Unlike other car rental platforms that offers low-end and economic car models which below RMB 400,000 (USD 60,000), Atzuche differentiates itself by offering more unique and luxury cars. Meanwhile, car rental services on Atzuche are rented at prices roughly 30% to 50% lower than their market price.
Founded in 2014 in Beijing, Atzuche’s P2P car rental services have covered more than 40 cities across China, including Beijing, Shanghai, Nanjing, Hangzhou, and among others. Currently there are over five million users registered on its platform, as well as 300,000 cars for rental. Meanwhile, it also offers users a number of services, such as 24/7 customer support and roadside assistance. ATzuche takes a commission fee on rental transactions, and monetizes on insurance and service fees.
Atzuche grabbed this Series C+ financing round was led by Shanghai International Group. The company plans to use the fund to update its car rental services, as well as expand its services to more cities across China.
（Top photo from 699pic.com）