Seed Round Common Shares
10% equity
£1.8M pre-money
£0K raised
£200K target raise
MagnaPass is a marketplace to find unique, active based experiences near you, which doubles up as a customer acquisition and retention platform for independent studios and freelancers to showcase their services and grow their business. This falls within the £4.5B UK fitness and wellness market, where consumer demand is increasing 4% year on year.

Members can find and get access to classes and events on a pay as you go basis, or buy a bulk set of classes with a GiftPass. We are also incorporating last minute bookings and loyalty bonuses within the offering. Members can also upgrade to Premium to get discounts off of classes, and get access to exclusive, handpicked experiences across the city.

Our Partners also have the ability to curate their own exclusive subscriptions in collaboration with us, through the platform. This enables smaller studios and freelancers to be creative with their offering and be flexible with their business model. Currently, there are over 250 weekly sessions ...
MagnaPass is a marketplace to find unique, active based experiences near you, which doubles up as a customer acquisition and retention platform for independent studios and freelancers to showcase their services and grow their business. This falls within the £4.5B UK fitness and wellness market, where consumer demand is increasing 4% year on year.

Members can find and get access to classes and events on a pay as you go basis, or buy a bulk set of classes with a GiftPass. We are also incorporating last minute bookings and loyalty bonuses within the offering. Members can also upgrade to Premium to get discounts off of classes, and get access to exclusive, handpicked experiences across the city.

Our Partners also have the ability to curate their own exclusive subscriptions in collaboration with us, through the platform. This enables smaller studios and freelancers to be creative with their offering and be flexible with their business model. Currently, there are over 250 weekly sessions in Greater Manchester alone from over 80 Partners. This has allowed our Partner audience to increase their capacity by up to 50% since we’ve launched, with our member base growing 12% month-on-month.
More information

Advisors

Duncan Perritt
Admin
Duncan Perritt
Brian Tipler
Admin
Brian Tipler
Martin Henery
Admin
Martin Henery
Daniel Stott
Admin
Daniel Stott

Recommendations

Daniel Stott

Many health professionals like myself operate without a suitable patient management system, and it is clear to see the need for a disruptive service to enter the market. Being an early adopter to Magna, we can immediately see a feasible ROI with its service, especially when growing our business. Magna is easy to use without having to be mutually exclusive to existing systems to manage our patients. The interface design is sleek and works well with health professionals and our patients; its a simple and cheap service without unnecessary applications. Having known the co-founders for some time, and helping shape the product through good communication loops, Magna are dedicated to offering this service and have the right knowledge and contacts to reach their intended scale. I strongly recommend Magna for Accelerator and other funding opportunities. I also look forward to using Magna and working with them in the future. Daniel Stott, Registered Osteopath.

Adam Barker CEO at MagnaPass

Many health professionals like myself operate without a suitable patient management system, and it is clear to see the need for a disruptive service to enter the market. Being an early adopter to Magna, we can immediately see a feasible ROI with its service, especially when growing our business. Magna is easy to use without having to be mutually exclusive to existing systems to manage our patients. The interface design is sleek and works well with health professionals and our patients; its a simple and cheap service without unnecessary applications. Having known the co-founders for some time, and helping shape the product through good communication loops, Magna are dedicated to offering this service and have the right knowledge and contacts to reach their intended scale. I strongly recommend Magna for Accelerator and other funding opportunities. I also look forward to using Magna and working with them in the future. Daniel Stott, Registered Osteopath.

David Rainford CEO at MagnaPass

Magna have developed strongly, improving their business model and ability to take their product to market. By developing ideas from successful and tested features, e.g. Uber’s referrals system, Magna have high growth potential for this unique product.
Market research shows there is a strong and present need for their service proposal.
The Magna team are motivated and have innovated and adapted their business effectively.
The team would fit Accelerator for a number of reasons;
Their skills will execute strategic plans effectively.
Their launch site is Manchester where many new businesses have launched and grown.
Magna fits in well with the Dotforge Impact’s social agenda and will engage the local community in their own health and fitness and help small businesses to flourish.
Magna are now in in a position of needing funds to develop. I’m convinced the growth potential for Magna is huge and their strategic plans for the future support this.
I strongly recommend Magna to grow.

Sebastien Vanderlinden CEO at MagnaPass

Having known Adam for a few years, I have seen Magna develop from a strong idea that has been tweaked and pivoted for customers’ needs to what it is today. Adam and his team have worked on this business tirelessly and is motivation is tangible every day, Magna are very passionate about what they do and I can see them developing the business to become something special. Being a co-founder of a tech start-up myself, I understand the demands and requirements needed for success in technology companies. Adam and his team have executed every step of their plan very well, and will continue to do so with further funding. Magna is also a great fit for launching in Manchester too, a city that is well in need of this type of technology to give a boost to independent health businesses in the local area. Magna’s plans for expansion and building their business are very much suited to the needs of businesses and clients today. I look forward to continue working with Adam and Magna on their journey.

Jerry Perritt

I worked in Corporate Banking for over 30 years and have seen many business plans and models from a range of management teams in that time. I have been hugely impressed with the achievements of the Magna team which comprises a well balanced group of individuals with a variety of skills, an impressive entrepreneurial spirit and determination to succeed. They have taken a good idea and turned it into an impressive business model with potential to quickly reach break even through regular income from subscribers but also the potential for rapid growth and strong earnings. It is clear they have have developed a deep understanding of their potential market and through extensive market research, identified a clear gap that they can exploit. In recent months they have built the infrastructure and are close to launch. I have every confidence that they will be successful.