NRG Gyms operates seven gym sites across the UK offering 24/7 access, all classes, saunas, and free parking with no-contract memberships. Launched in 2013 and led by Founder and CEO Shafiq Ahmed, the brand emphasizes community through its NRG Tribes. The company serves over 30,000 members in cities including London, Manchester, Newcastle, and Sheffield. Its core product is a full-service, flexible gym membership focused on community, convenience, and wellbeing. NRG plans to expand its portfolio of gyms across the UK and to use data and analytics to improve the member experience. The business has also recently strengthened its management team with the appointment of Neil Greenhalgh as a Non-Executive Director. NRG Gyms operates 24-hour fitness locations offering high-quality equipment and group classes aimed at price-sensitive millennials seeking superior value. The company positions itself as an affordable gym experience while stocking a large selection of high-end kit. At the time of the 2018 investment it operated sites in Gravesend and Watford and has since added locations in Walsall, Lewisham and Stretford, Manchester. The rollout of a flagship site in Stretford in January 2022 demonstrated an ability to increase return on investment per new site. Management recruited a new Finance Director to assist the CEO in delivering on future growth and fundraising strategy. The company also won Region Gym of the Year (South) at the National Fitness Awards 2022.

Total raised

$12M

Funding rounds

2

Latest round

Equity

Latest activity

Jan 2025