MunchFit launches £1 million Crowdfunder aimed at ‘Fitvestors’ with backers which includes MiC’s Spencer Matthews


London commence-up that provides meals for fitness centers together with Equinox and Barry’s and is backed by Created in Chelsea star and serial investor, Spencer Matthews, is to launch a £1 million Crowdfunder aimed at keen “Fitvestors”.

MunchFit operates cafes within the significant-end fitness centers, gives food programs personalized to conditioning objectives and sells its completely ready-to-consume dishes – which are assessed by a sports nutritionist to Anthony Joshua – on Amazon Contemporary and in Earth Natural and organic.

Launched by personal trainer Angus Fay in 2013 with just £500 and the the plan of “steering clients away from Pret baguettes”, the agency saw a £1.6 million turnover in 2019-20. It previously elevated all-around £710,000 from buyers.

Fay hopes to use new Crowdfunding hard cash to grow into major grocery store chains, open up 5 extra health cafes, and improve MunchFit’s on-line presence.

Matthews claimed he is investing since he believes that the market place for conditioning food stuff will keep on to increase write-up-pandemic as shoppers target on overall health and wellbeing.

He identified out about the manufacturer whilst on his have pounds loss and health and fitness application before this 12 months.

Matthews explained to the Normal: “The final decision to make investments in MunchFit practically created by itself. 

“When a solution works that perfectly it is hard to disregard. Also, getting fulfilled Angus, I consider in his plan and his capacity to provide it.”

Fay is assured the money could enable the model to maximize production by 400%. It presently lets shoppers to get up to four meals a day, six times a 7 days, with all foods ready in London kitchens.

He explained: “There is an growing urge for food for significant excellent, wellbeing-acutely aware solutions –  and we’re self-confident that MunchFit can produce much more than healthier returns.”

Food delivery has soared in the course of the pandemic. Balanced meal package supply business Hello there Contemporary saw revenues much more than double yr-on-calendar year to €3.75 billion in 2020, and above-60s food delivery company Parsley Box is arranging to float on Intention in an IPO anticipated to worth the company at all over £80 million subsequent its possess increase.