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GoSaga secures $5M in Series A funding to fuel studio growth

May 16, 2024•over 1 year ago

Amount Raised

$5 Million

Round Type

series a

DarienBeautyFitnessWellnessLifestyle

Investors

A Prominent Family Office Out Of CaliforniaCava Capital

Description

GoSaga has secured a lead investor for its $5 million Series A funding round to fuel the upcoming years of studio growth. With the new funding, the company aims to expand its studio footprint to 15 by the end of 2024.

Company Information

Company

GoSaga

Location

Darien, Illinois, United States

About

GoSaga accelerates development and brings operational excellence to high-growth brands across the spectrum of wellness and well-being, via a centralized operating platform led by industry leaders, allowing for rapid growth and effective risk mitigation. With over 120 years of combined leadership experience, 3 verticals (beauty, wellness, and fitness) and 12 brands across 12 states, GoSaga’s diversified portfolio captures a share of consumer engagement at every stage of their wellness journey.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers