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South African gym management software platform Octiv has closed its eight-figure Series A funding round from one of the leading venture capital firms, Knife Capital. The round also included an angel investment from an executive at BVNK. The investment will allow Octiv to fast-track its global expansion drive, add innovative product enhancements, and scale customer service levels to keep up with aggressive growth.
Octiv is an all-in-one cloud-based gym management platform that includes everything a gym or fitness studio needs to manage its day-to-day business activities. Their technology enhances the experience of human connection and community while supercharging their clients’ business growth potential and brand identity. The startup’s software enables member management and billing, payment gateway integrations, scheduling, various programs, lead management, task management, payroll, reporting, and website integrations.