How Much Did Turnstyle Cycle Raise?
Funding & Key Investors

Turnstyle Cycle has secured $368K in total capital, with a recent strategic investment of $218K. This significant backing underscores the company's established presence and potential for further expansion within the fitness industry. The latest financing round, dated February 8, 2021, signifies a major strategic investment, positioning Turnstyle Cycle for its next phase of growth.

What is Turnstyle Cycle?

Turnstyle Cycle
HospitalityFitness & Dance Facilities

Turnstyle Cycle is a Boston-based fitness enterprise operating five indoor cycling and bootcamp studios across the city and its surrounding areas. The company distinguishes itself by offering an energetic and inspiring workout environment designed to help clients achieve their fitness objectives while fostering a sense of community. Turnstyle's instructors are experts in indoor cycling, curating dynamic classes set to music that cater to all fitness levels, ensuring every participant feels accomplished. The studios are complemented by a welcoming front desk staff, contributing to a positive client experience from arrival to departure. Core to Turnstyle's ethos are principles of client-first safety and well-being, an inclusive community that embraces diversity, a commitment to positive experiences, and a focus on overall wellness encompassing physical, mental, and emotional health.

How much funding has Turnstyle Cycle raised?

Turnstyle Cycle has raised a total of $368K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$218K

Debt (2020): $150K with participation from PPP

Debt (2021): $218K led by PPP

Key Investors in Turnstyle Cycle

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Turnstyle Cycle?

With substantial late-stage funding, Turnstyle Cycle is poised for significant strategic advancements. The recent major strategic investment suggests a focus on scaling operations, potentially through expanding its studio footprint, enhancing its class offerings, or investing in technology to improve the client experience. This capital infusion will likely enable Turnstyle to solidify its market position, further differentiate itself from competitors, and capitalize on the growing demand for boutique fitness experiences. The company's commitment to community and wellness provides a strong foundation for sustained growth and brand loyalty.

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Frequently Asked Questions Regarding Turnstyle Cycle Financial Insights

What are the most recent funding rounds that Turnstyle Cycle has completed, and what were the funding rounds?
Turnstyle Cycle has recently completed 2 funding rounds: Debt on Feb 8, 2021, Debt on Apr 14, 2020.
What is the total amount of funding Turnstyle Cycle has raised to date?
Turnstyle Cycle has raised a total of $368K in funding to date.
How many funding rounds has Turnstyle Cycle completed?
Turnstyle Cycle has completed 2 funding rounds.
How much funding did Turnstyle Cycle raise in its most recent funding round?
Turnstyle Cycle raised $218K in its most recent funding round.
Who are the lead investors in Turnstyle Cycle's latest funding round?
The lead investor in Turnstyle Cycle's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Turnstyle Cycle's history?
The largest funding round in Turnstyle Cycle's history was $218K.
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