What is Zoom Media?
Zoom Media Corporation, operating under the brand GymTV, is recognized as the largest gym-based video entertainment network across the United States, Canada, and the United Kingdom. The network is installed in 5,150 health clubs, featuring 25,750 screens that reach over 35 million consumers identified as Generation Active. Zoom Media provides brands with a unique platform to engage with this demographic through various channels including GymTV, billboards, sampling, mobile, email, web, and social media, facilitating a comprehensive connection with the active lifestyle consumer.
How much funding has Zoom Media raised?
Zoom Media has raised a total of $32.4M across 3 funding rounds:
Series A
$30M
Debt
$1M
Debt
$1.4M
Series A (2009): $30M with participation from ABS Capital Partners
Debt (2020): $1M led by PPP
Debt (2021): $1.4M supported by PPP
Key Investors in Zoom Media
ABS Capital Partners
ABS Capital Partners is a growth equity firm specializing in technology-enabled services companies, focusing on accelerating growth and building scalable business models. They provide capital to B2B software and tech-enabled services businesses with strong technology and data foundations, offering guidance in infrastructure development and process modernization.
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Zoom Media?
The recent major strategic investment in Zoom Media signals a pivotal growth phase, likely aimed at expanding its network reach and enhancing its digital engagement capabilities. This capital infusion, contextualized as a major enterprise-level funding, suggests a strategic focus on scaling operations and potentially developing new media offerings to further monetize its substantial Generation Active audience. The company is well-positioned to leverage its established presence in health clubs and its multi-channel approach to solidify its market leadership and explore new avenues for brand partnerships and revenue generation.
See full Zoom Media company page
