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93%
Raised
£932,850
Investors
1071
Target
£1,000,000
Equity
1.66%
Pre-money valuation
£59,137,363

Ranked 3rd fastest growing UK business in 2017's Deloitte Fast50, MoveGB is one membership to over 6,000 activity providers and has 350,000 registered users. Piloted successfully in just a few cities, MoveGB is keeping people active, happy and healthy for life.

  • Own a part of the fastest growing fitness startup in the UK
  • Over 6,000 activity providers and 350,000+ registered users UK-wide
  • £5.6m revenue in 2018, with 204% compound annual growth since 2013
  • £4.2m+ invested from Downing & Accelerated Digital Ventures this year

Idea

If most people want to stay healthy and active, why does the health and fitness industry only keep customers engaged for a few weeks?

Move's founder is one of the leading authorities on fitness consumer behaviour and retention.

Variety and convenience are the secrets to staying active.

Move's business model combines a subscription content platform (e.g. Netlfix, Spotify) and a digital marketplace (e.g. JustEat, AirBnB). After launching in just a few cities, it has become one of the UK's fastest growing businesses.

Highlights:

- Over 2800% increase in company value (2013-2017)

- Ranked UK's 3rd fastest growing business (2017 Deloitte Fast 50), 39th in Times Tech Track 100 (2018)

- 204% compound annual growth (2013-17)

- £5.6m annual revenue (-£2.9m EBITDA), investing in growth

- £2.9m annual revenue from Bristol alone, operating within the £4bn health & wellbeing market

- One of UK’s largest fitness networks with over 6,000 activity providers and 350,000 registered users

- Provides for 10% of the total active population in Bristol, with 800+ activity providers

MoveGB is a purpose-driven business set to expand across the UK & rest of the world. We are grateful for the partners & members that have been part of the journey and wish to offer the opportunity for our community and the public to be a part of our success story by becoming a shareholder alongside institutional investors.

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Risk warning

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MoveGB has been given advance assurance by HMRC that the proposed share issue is likely to qualify for Enterprise Investment Scheme (EIS) tax relief.

Tax relief is available to individuals only, with income tax relief currently set at 30 per cent of the cost of the shares for the tax year in which the investment was made. The tax reliefs can also reduce your Capital Gains Tax bill. Read More.

Availability of tax relief depends on your individual and the company’s ongoing circumstances and applicable law.