When was Ultimate Performance founded?

Ultimate Performance was founded in 2009 and raised its 1st funding round 7 years after it was founded.

Where is Ultimate Performance located?

Ultimate Performance is headquartered in London, United Kingdom.

How many employees does Ultimate Performance have?

As of May 31, 2026, the latest employee count at Ultimate Performance is 368.

Is Ultimate Performance a funded company?

Ultimate Performance is a funded company, having raised a total of $10M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Oct 04, 2016.

When was the latest funding round of Ultimate Performance?

Ultimate Performance's latest funding was a $***** Series A round on May 13, 2024, with participation from 1 investor.

Where does Ultimate Performance rank among its competitors?

Ultimate Performance ranks 7th amongst 56 active competitors, of which 9 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was NRG GYM, which secured $15.1M in Oct, 2025.

Who are the top competitors of Ultimate Performance?

Ultimate Performance's top competitors include PureGym, Gymbox and The Gym Group. Among them, NRG GYM secured the most recent funding round in October, 2025.

Ultimate Performance - 2026 Company Profile, Team, Funding & Competitors

Ultimate Performance is a series A company based in London (United Kingdom), founded in 2009 by Nick Mitchell. It operates as a Chain of physical fitness centers. Ultimate Performance has raised $10M in funding from Cassia Investments. The company has 56 active competitors, including 9 funded and 13 that have exited. Its top competitors include companies like PureGym, Gymbox and The Gym Group.

Company Details

Website: ultimateperformance.com
Social

Key Metrics

Founded Year

2009

Location

London, United Kingdom

Stage

Series A

Total Funding

$10M in 3 rounds

Latest Funding Round

Series A, May 13, 2024, $*****

Investors

Cassia Investments & 2 more

Ranked

7^th among 56 active competitors

Employee Count

368 as on May 31, 2026

Similar Companies

Smart Fit & 477 more

View Ultimate Performance's full profile

Ultimate Performance has raised a total funding of $10M over 3 rounds. Its first funding round was on Oct 04, 2016. Its latest funding round was a Series A round on May 13, 2024 for $*****. 1 investor participated in its latest round. Ultimate Performance has 3 institutional investors.

Here is the list of recent funding rounds of Ultimate Performance:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 13, 2024	7014160	Series A	3665404	9514227	2617479	3431404
Apr 20, 2020	7091094	Grant (prize money)	5433319	9308442	8872561	Gov
Oct 04, 2016	6202326	Series A	3720282	4684310	Cassia Investments	7065039

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View details of Ultimate Performance's funding rounds and investors

The founders of Ultimate Performance is Nick Mitchell.

Here are the details of Ultimate Performance's key team members:

Nick Mitchell: Founder of Ultimate Performance and founder of 1 other company.
Contact Info: 1 email address

View details of Ultimate Performance's Founder profiles and Board Members

Ultimate Performance's employee count trend

Ultimate Performance has 368 employees as of May 26. Here is Ultimate Performance's employee count trend over the years:

Employee count trend for Ultimate Performance

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Top competitors of Ultimate Performance include PureGym, Gymbox and The Gym Group. Here is the list of Top 10 competitors of Ultimate Performance, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	PureGym 2009, Leeds (United Kingdom), Acquired	Chain of fitness centers	$412M	Magenta Partners, KKR & 3 others	74/100
2nd	Gymbox 2003, London (United Kingdom), Acquired	Operator of fitness centers offering diverse classes and personal training	$42.7M	BGF, James Hay Pension Trustees & 7 others	64/100
3rd	The Gym Group 2009, Guildford (United Kingdom), Public	Chains providing access to fitness equipment and exercise class opportunities	-	Phoenix Equity Partners, Connection Capital ... & 3 others	59/100
4th	OneGym 2011, Bishop Auckland (United Kingdom), Seed	Operator of multiple fitness centers offering gym access, classes, and sunbeds. The facilities provide a range of fitness options to cater to diverse needs and preferences. Members have access to equipment for various workouts, participate in scheduled classes, and utilize sunbed facilities. The company aims to provide a convenient and comprehensive fitness experience.	-	Middleton Enterprises, NEL Fund Managers	52/100
5th	NRG GYM 2011, Gravesend (United Kingdom), Series A	Chain of fitness centers	$12.3M	myedash.com, Puma Private Equity & 8 others	52/100
6th	Everyone Active 1987, Hinckley (United Kingdom), Public	Chain of fitness centers	-	-	49/100
7th	Ultimate Performance 2009, London (United Kingdom), Series A	Chain of physical fitness centers	$10M	Gov, Inflexion & 1 others	49/100
8th	Xercise4less 2009, Rochford (United Kingdom), Acquired	Budget fitness chain	$86.5M	Proventus, BGF & 1 others	45/100
9th	FWX 2013, Kenilworth (United Kingdom), Funding Raised	Chain of physical fitness centers	-	British Business Bank, BCRS	39/100
10th	Core Collective 2014, London (United Kingdom), Acquired	Chain of fitness clubs	$2.55M	-	36/100