Fitness Video Maker Wellbeats Receives $2.8M In Backing



By Sam Schaust, Twin Cities Business

Wellbeats, a workout plan and fitness video maker for gyms and recreation areas, announced that it secured $2.8 million in financing from Minneapolis equity firm LFE Capital.

A spokeswoman said the money would be divided into expanding the Maple Grove-company’s fitness video catalog as well as the number of locations where the product is available. Currently, Wellbeats videos can be used in about 1,000 Anytime Fitness locations and more than 500 other facilities across all 50 states and 15 countries.”

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