Formerly in finance at investment banks and a hedge fund, Paul O-Reilly-Hyland is currently the CEO and Founder of ZEAMO. Zeamo, "simplifies and enhances the relationship between fitness partners and fitness consumers with a digital-first approach that meets the evolving needs of the fitness industry while staying true industry partners."
Currently in 2,000+ clubs, they conducted a test with McKinsey in 2018/early 2019. Currently with 100 employers on the platform (some with 40-50K employees!), an integration with Virgin Plus, and slightly over 1,000 studios on the platform, Zeamo is on track to meet Paul's goal 5,000 by the spring.
"Platforms like us weren't necessarily popular. We were thought of as a discounter, and we're definitely not. We're out there to solve a problem for an employer, but it wasn't easy to do . . . We make it easy for a company to subsidize employees healthcare. We pay the clubs in usage and allow employees to actually join, and reward employees every time they go to the gym."
Hyland discusses the challenges of creating and managing a marketplace (they count Echelon, Les Mills, and others as partners), how they use gamification, growth plans for the next 3-6 months, the lessons he's learned from actually running a business versus being on the banker side, and more!