Anne Mahlum Raises $5M to Launch New Fitness and Wellness Company, Signs First Lease

NEW YORK, Oct. 11, 2022 /PRNewswire/ — Anne Mahlum, Founder of Solidcore and Back on My Feet, has raised $5M for her new health and wellness enterprise referred to as Ambition, which can open in February 2023. She has signed her first-5,800-square foot lease at 220 fifth Avenue with three extra places at present in lease negotiations, one in Brooklyn and two extra in Manhattan. The experiential idea will supply 4 various kinds of health courses and host occasions of their areas centered on methods to assist their members optimize their general wellness.

“We really feel there’s a want out there proper now for a brand new premium model to supply a number of health modalities beneath one roof and to offer subtle programming and academic instruments on methods to be your most optimized self to attain all of your targets,” mentioned Mahlum.

Ambition’s group is very skilled within the health business. Jo Gomez would be the firm’s Head of Product. She was Solidcore’s Director of Training from 2015 to 2019 and most just lately served as Director of Trainer Operations for Beachbody’s digital platform, Openfit. Meagan Robar can be Ambition’s Head of Experience. She additionally frolicked at Solidcore and has years of expertise with a number of the largest luxurious manufacturers within the business, together with Lululemon, Equinox, and Disney. Jayson Siano, Founder and CEO of Sabre Real Estate, is the Lead Development Advisor for the corporate and Stephanie Finigan serves as Chief of Staff.

“Ambition’s 4 ideas will work collectively to ship exercises centered on energy and endurance, cardiovascular conditioning, flexibility and mobility, and psychological toughness,” mentioned Gomez. “Each class can be taught by a extremely educated and educated coach who will push you at your personal stage whereas additionally facilitating a group atmosphere.”

Mahlum began Solidcore in late 2013 and grew it to 75 studios beneath her management. In April 2021, she raised one other $50M for the enterprise and promoted Bryan Myers to CEO. Mahlum at present serves as Executive Chairwoman of the corporate and continues to be the controlling proprietor. Solidcore at present has 88 studios throughout 27 states.

“After watching Anne construct a enterprise, a model, and such a robust neighborhood by means of Solidcore, I needed to be part of the following chapter,” mentioned Nolen Young, an investor and the Founder of AXLE. “I have never met anybody else within the health house that is ready to execute a imaginative and prescient and pivot rapidly whereas constructing a neighborhood round her.”

Mahlum can be the Founder of Back on My Feet, a nationwide nonprofit she created in 2007 to assist these experiencing homelessness discover extra self-sufficiency of their lives by first participating them in operating. The group has helped greater than 7,500 previously homeless people discover employment.

“I’m a serial entrepreneur,” mentioned Mahlum. “I really like creating and scaling companies that make a constructive impression on individuals’s lives, and Ambition can be no completely different.

Press Contact:
Wendy Guarisco
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404-354-6468

SOURCE Ambition.

https://www.prnewswire.com/news-releases/anne-mahlum-raises-5m-to-launch-new-fitness-and-wellness-company-signs-first-lease-301646496.html

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