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How Virtuagym CEO Paul Braam grew Virtuagym to $14M revenue with a 172 person team in 2024.

Developer of a cloud-based fitness software platform designed to offer innovative fitness, member engagement, coaching and club management services. The company's platform consists of a complete ecosystem with an integrated mobile application and services for exercise and nutrition guidance, progress tracking, online coaching, member and staff management, scheduling, online sign-up, payments and access control, etc, enabling clients to connect their entire business to the system and users to tackle their nutrition intake.

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Virtuagym Revenue

In 2024, Virtuagym's revenue reached $14M. The company previously reported $9M in 2021. Since its launch in 2008, Virtuagym has shown consistent revenue growth.

Virtuagym Revenue GrowthReported revenue / ARR by year$0$3M$6M$9M$12M$15M200820102012201420162018202020222024$0$9M$14MSource: GetLatka.com
YearMilestone
2024Virtuagym Hit $14m revenue in May 2024
2021Virtuagym Hit $9m revenue in April 2021
2008Launched with $0 revenue

Virtuagym Valuation, Funding Rounds

Virtuagym's most recent disclosed valuation is $42.1M.

Virtuagym has raised $10.7M in total funding across 3 rounds, with its most recent round in 2018.

Virtuagym Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$3M$5M$8M$10M$13M2008201020122014201620182008 cumulative: $0 • 2008 Founded: $02013 cumulative: $900K • 2008 Founded: $0 • 2013 Funding round: $900K2015 cumulative: $3M • 2008 Founded: $0 • 2013 Funding round: $900K • 2015 Funding round: $3M2018 cumulative: $11M • 2008 Founded: $0 • 2013 Funding round: $900K • 2015 Funding round: $3M • 2018 Funding round: $7M$11M2008 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2018Funding round$7.3M--
2015Funding round$2.6M--
2013Funding round$900K--

Virtuagym Employees & Team Size

Virtuagym employs approximately 172 people as of 2026, down from 244 in 2023.

Virtuagym has 172 total employees in different roles and functions.

Virtuagym Team GrowthReported headcount over time06012018024030020082010201220142016201820202022202400172172Source: GetLatka.com
YearMilestone
2024Reached 172 employees (December 2024)
2024Reached 171 employees (October 2024)
2023Reached 244 employees (December 2023)
2023Reached 244 employees (July 2023)
2022Reached 233 employees (December 2022)
2021Reached 187 employees (December 2021)
2021Reached 220 employees (April 2021)

Founder / CEO

Paul Braam

Paul Braam is listed as Founder / CEO at Virtuagym.

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Customers

We do not have customer count information for Virtuagym yet.

Frequently Asked Questions about Virtuagym

What is Virtuagym's revenue?

Virtuagym generates $14M in revenue.

Who is the CEO of Virtuagym?

The CEO of Virtuagym is Paul Braam.

How much funding does Virtuagym have?

Virtuagym raised $10.7M.

How many employees does Virtuagym have?

Virtuagym has 172 employees.

Where is Virtuagym headquarters?

Virtuagym is headquartered in Amsterdam, New Hampshire, United States.

Compare Virtuagym to the industry

Virtuagym operates across multiple industries. Browse revenue, funding, and growth data for Virtuagym in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Virtuagym Revenue 2024: $14M ARR, $42.1M Valuation