Venture Capital News: Yoga Joint Secures $5.5M Growth Round
2026-04-15
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NEW YORK, NY, Yoga Joint, the fast-growing infrared fitness brand known for its signature vinyasa yoga and high-intensity strength training, has raised $5.5 million in growth capital.
The capital raise, led by fitness industry veteran Adam Shane, now Franchise Owner & Managing Director of Yoga Joint and former Chief Development Officer and EVP of Operations at Barry's, brings together a highly strategic investor group spanning fitness, real estate, private equity, and consumer brands. The funding will support Yoga Joint New York's plan to launch its first locations in Fall 2026 and scale to 15+ studios across New York City and surrounding markets by 2030.
The investor group is led by Port Street Ventures, a private investment and strategic management firm led by Brent Leffel and Nick Orzano who have significant multi-unit consumer experience. Its principals have played a leadership role in the growth and development of several prominent fitness brands including OneLife Fitness, Crunch Fitness, Barry's Bootcamp and UFC GYM. Port Street Ventures is joined by Jon Canarick, Managing Partner at North Castle Partners and a current board member of Crunch Fitness, SLT, and Therabody, who is an investor in both Yoga Joint's corporate entity and Shane's New York portfolio, further aligning institutional expertise across the brand's national and regional growth strategy.
Additional investors include: Alex Alimanestianu, Angel investor and former CEO of Town Sports Internationall; Anthony DiMaggio, VP of Retail Development at Vuori, with prior leadership roles at SoulCycle and Equinox; Isaac Chera, Co-Founder and Partner at Crown Acquisitions; and Jared Solomon, Co-Founder and CEO of Five Iron Golf and EY Entrepreneur Of The Year.
Founded in 2010 by Paige Held, Yoga Joint is the nation's premier chain of heated fitness studios founded in South Florida. The company has expanded to over 17 locations in Florida and is planning to operate 20 locations open by Q1 2026. Each Yoga Joint location provides its clientele with an incomparable studio experience by focusing on the quality of its Flow60 and FIIT45 classes, extraordinary customer service, state-of-the-art facilities, and a custom-built mobile app with on-demand classes.
The investor group is led by Port Street Ventures, a private investment and strategic management firm led by Brent Leffel and Nick Orzano who have significant multi-unit consumer experience. Its principals have played a leadership role in the growth and development of several prominent fitness brands including OneLife Fitness, Crunch Fitness, Barry's Bootcamp and UFC GYM. Port Street Ventures is joined by Jon Canarick, Managing Partner at North Castle Partners and a current board member of Crunch Fitness, SLT, and Therabody, who is an investor in both Yoga Joint's corporate entity and Shane's New York portfolio, further aligning institutional expertise across the brand's national and regional growth strategy.
Additional investors include: Alex Alimanestianu, Angel investor and former CEO of Town Sports Internationall; Anthony DiMaggio, VP of Retail Development at Vuori, with prior leadership roles at SoulCycle and Equinox; Isaac Chera, Co-Founder and Partner at Crown Acquisitions; and Jared Solomon, Co-Founder and CEO of Five Iron Golf and EY Entrepreneur Of The Year.
Founded in 2010 by Paige Held, Yoga Joint is the nation's premier chain of heated fitness studios founded in South Florida. The company has expanded to over 17 locations in Florida and is planning to operate 20 locations open by Q1 2026. Each Yoga Joint location provides its clientele with an incomparable studio experience by focusing on the quality of its Flow60 and FIIT45 classes, extraordinary customer service, state-of-the-art facilities, and a custom-built mobile app with on-demand classes.
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