CRYO
°CRYO is a vertically integrated cryotherapy company founded in 2013 that designs and manufactures its own precision cryotherapy devices (Arctic, e-Arctic, Penguin, Wave) and operates treatment centers plus a franchise network serving athletes, wellness consumers, and medspa clients across 42+ countries.
- Company typePrivate
- Founded2013
- HeadquartersJumairah, United Arab Emirates
- Headcount251–500
- GTM typeB2B and B2C
- OfferingServices
What CRYO does
°CRYO (legally °CRYO Holding Limited, Hong Kong) is a vertically integrated cryotherapy company founded in 2013 that designs, manufactures, and operates its own line of cryotherapy devices and treatment centers. Its technology arm, °CRYO Science, produces four flagship systems — the Arctic (nitrogen-cooled whole-body chamber to -140°C), e-Arctic (electric whole-body chamber), Penguin (localized cryotherapy to -160°C), and Wave (thermal contrast system for body treatments) — which are sold to franchise partners and enterprise clients and also deployed inside company-owned flagship clinics. The company operates retail wellness centers in the UAE (4 locations including Emirates Towers), Bahrain (Ritz-Carlton), Kuwait, Thailand (4 Bangkok sites), Australia (4 sites), and Hong Kong, with franchise partners extending the brand into 42+ countries and 1,400+ cumulative device installations serving over 800K clients to date.
The business combines three revenue streams: (1) retail treatment services across 20+ modalities organized into Wellness, Beauty, Recovery, and Slimming pillars (whole-body and localized cryotherapy, facials, IV drips, HydraFacial, EMS body sculpting, lymphatic drainage, massage, compression, infrared sauna), priced in AED on a pay-per-session or Points membership basis; (2) franchise fees, licensing, training academy certification, and marketing support; and (3) direct hardware sales of °CRYO Science devices to franchisees and enterprise clients including professional sports teams. Go-to-market is a hybrid of consumer retail walk-ins, franchise expansion, and B2B enterprise partnerships with professional sports organizations (Delhi Capitals and Rajasthan Royals in 2020 IPL; Al Jazira Football Club from 2024/2026), supported by celebrity endorsements (Mark Wahlberg, Lindsay Lohan, Camila Cabello) and content marketing.
CRYO firmographics
Firmographics- Name
- CRYO
- Legal name
- °CRYO Holding Limited
- Website
- https://cryo.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- °CRYO is a vertically integrated cryotherapy company founded in 2013 that designs and manufactures its own precision cryotherapy devices (Arctic, e-Arctic, Penguin, Wave) and operates treatment centers plus a franchise network serving athletes, wellness consumers, and medspa clients across 42+ countries.
- Ownership category
- akta.pro rank
CRYO industry classification
Industry- Product category
- Cryotherapy and Wellness Services
- NAICS
- Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341)
- SIC
- Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585)
- akta.pro primary industry
- Cryotherapy Services (HSADAKAE)
- akta.pro secondary industries
- Hot/Cold Therapy Services (Cryotherapy/Ice Baths) (HSALAFAH), Cryogenic Liquids & Distribution (IMAEACAK)
Keywords
Where CRYO is headquartered
LocationHeadquarters
- HQ city
- Jumairah
- HQ country
- United Arab Emirates
- HQ region
- Middle East
Offices15 records
Markets served
CRYO business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Cryotherapy Treatment Services: Direct revenue from cryotherapy and wellness treatments delivered at company-owned and franchise retail centers. Treatments include whole-body cryotherapy, localized cryotherapy, facials, slimming, and recovery services.
- Franchise Fees and Licensing: Revenue from franchise partnerships including franchise fees, training academy certification, marketing support, and weekly check-ins for franchise operators.
- Device Sales: Sale of °CRYO Science cryotherapy devices including Arctic, e-Arctic, Penguin, and Wave systems to franchise partners and enterprise clients.
- Packages and Memberships: Prepaid treatment packages, membership programs, and loyalty points systems that encourage repeat purchases and customer retention.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Whole Body Cryotherapy - Single Session |
| Unit Pricing | Pay-as-you-go | Localized Cryotherapy |
| Unit Pricing | Pay-as-you-go | IV Drip Therapy Packages |
| Unit Pricing | Pay-as-you-go | IV Drip Therapy - Comprehensive |
| Unit Pricing | Pay-as-you-go | °CRYO Slim Body Treatment |
| Unit Pricing | Pay-as-you-go | HydraFacial Deluxe |
| Unit Pricing | Pay-as-you-go | EMS Body Sculpting |
| Unit Pricing | Pay-as-you-go | Body Lymphatic Drainage |
| Unit Pricing | Pay-as-you-go | Massage Therapy |
| Subscription | Monthly | Points Package |
| Unit Pricing | Pay-as-you-go | Women's Month Offer |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels6 records
CRYO product offering
Product offeringCore offering
°CRYO operates a vertically integrated cryotherapy ecosystem encompassing the design, manufacture, and global sale of precision-engineered cryotherapy devices (Arctic, e-Arctic, Penguin, Wave) under its technology arm °CRYO Science, plus the operation of company-owned and franchised wellness centers delivering whole-body and localized cryotherapy, thermal contrast, IV drip, recovery, beauty, and slimming treatments to consumers and professional athletes. The franchise model enables rapid geographic expansion across the Middle East, Southeast Asia, Oceania, and East Asia.
Product overview
°CRYO is a full-suite cryotherapy ecosystem built around four flagship precision-engineered devices: the °CRYO Arctic (nitrogen-cooled whole-body chamber reaching -140°C), °CRYO e-Arctic (electric whole-body system), °CRYO Penguin (localized cryotherapy at -160°C), and °CRYO Wave (thermal contrast system for body treatments). These devices power a comprehensive portfolio of treatment services organized across four pillars: Wellness (Whole Body Cryotherapy, Red Light Therapy, Oxygen Therapy, Infrared Sauna), Beauty (°CRYO Facial, HydraFacial, Microneedling, °CRYO FaceLift), Recovery (Localized Cryotherapy, Compression Therapy, °CRYO Physiotherapy, Massage Therapy, Dry Cupping), and Slimming (°CRYO Slim Body, °CRYO Slim Cellulite, EMS Body Sculpting, Body Lymphatic Drainage). The ecosystem is complemented by IV Drip Therapy, Bioresonance Therapy, and various membership/gift products. °CRYO operates treatment centers across UAE, Thailand, Kuwait, Bahrain, Australia, and Hong Kong, with franchise opportunities worldwide.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- Reduced muscle soreness and inflammation after cryotherapy sessions
- +5 more outcomes
Companies that use CRYO
Customer profileNamed customers6 records
Segments5 records
Ideal customer profiles4 records
CRYO technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
CRYO partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and flagship.
- Al Jazira Football ClubcoreOfficial Recovery Partner for Al Jazira Football Club, one of UAE's most celebrated football clubs. Partnership brings cryotherapy recovery technology to professional football athletes.
- Delhi CapitalsflagshipOfficial recovery partner for Indian Premier League cricket team during 2020 season held in UAE. °CRYO provided localized Penguin cryotherapy devices and whole-body cryotherapy chambers, with physiotherapy team training on technology implementation.
- Rajasthan RoyalsflagshipOfficial recovery partner for Indian Premier League cricket team during 2020 season held in UAE. °CRYO provided cryotherapy devices and trained physiotherapy staff on usage protocols for injury recovery and performance enhancement.
Scale indicators7 records
Recent moves7 records
Expansion highlights6 records
CRYO competitors and assessment
Company assessmentDirect peers
- Kryolife: Operates cryotherapy wellness studios with a focus on whole-body and localized treatments combined with related recovery services, directly comparable in retail service offering.
- Restore Hyper Wellness: US-based franchise operator offering cryotherapy, IV drip, and recovery/wellness services. Directly comparable franchise model, similar treatment menu (cryo, compression, IV therapy), and overlapping consumer demographic.
- Cryo Innovations: US-based cryotherapy equipment maker selling whole-body chambers to wellness centers and professional sports teams, competing head-to-head in the device sales channel.
- Arctic Whole Body Cryotherapy: Single and multi-location cryotherapy studio operator offering whole-body and localized treatments, representing the kind of regional competitor that °CRYO's franchise partners compete against in local markets.
- US Cryotherapy: US-based cryotherapy equipment and service provider serving recovery, fitness, and medical markets with both device sales and operator services.
- Impact Cryotherapy: Manufacturer and operator of whole-body and localized cryotherapy chambers serving both consumers and professional sports teams, with devices sold to clinics and athletic facilities globally.
- Juka Cryo: Manufacturer of whole-body and localized cryotherapy devices, offering both equipment sales and franchise-style cryotherapy business opportunities, overlapping °CRYO's device-plus-retail play.
- MECOTEC: German manufacturer of electric whole-body cryotherapy chambers and cold-air therapy devices for medical, sports, and wellness applications—directly comparable in product category and European manufacturing heritage.
- Pace Cryo: Operator of cryotherapy studios offering whole-body cryo, localized cryo, and recovery services under a multi-location retail model similar to °CRYO's franchise network.
Broad incumbents
- HydraFacial (BeautyHealth Company): Listed provider of professional aesthetic devices and treatment services; overlaps with °CRYO's HydraFacial partnership and broader beauty/skin treatment offering at a larger, more capitalized scale.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
CRYO social profiles
Digital presenceCRYO financial estimates
Financial estimateRevenue estimate
Valuation estimate
CRYO leadership team
Management profileNumber of profiles
Profiles4 records
CRYO subsidiaries and ownership
Company hierarchySubsidiaries1 record
CRYO funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CRYO M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CRYO
What does CRYO do?
°CRYO operates a vertically integrated cryotherapy ecosystem encompassing the design, manufacture, and global sale of precision-engineered cryotherapy devices (Arctic, e-Arctic, Penguin, Wave) under its technology arm °CRYO Science, plus the operation of company-owned and franchised wellness centers delivering whole-body and localized cryotherapy, thermal contrast, IV drip, recovery, beauty, and slimming treatments to consumers and professional athletes. The franchise model enables rapid geographic expansion across the Middle East, Southeast Asia, Oceania, and East Asia.
Is CRYO a public or private company?
CRYO is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was CRYO founded?
CRYO was founded in 2013. It employs 251 to 500 people.
Where is CRYO based?
CRYO is headquartered in Jumairah, United Arab Emirates, in the Middle East region.
How does CRYO make money?
Four revenue lines are on record. Cryotherapy Treatment Services are the primary driver. The others are franchise Fees and Licensing, device Sales and packages and Memberships.
Who are CRYO's main competitors?
Direct peers on record are Kryolife, Restore Hyper Wellness, Cryo Innovations, Arctic Whole Body Cryotherapy, US Cryotherapy, Impact Cryotherapy, Juka Cryo, MECOTEC and Pace Cryo. HydraFacial (BeautyHealth Company) is listed as a broad incumbent.
Does CRYO have an API?
No public API is recorded for CRYO.
What industry is CRYO in?
CRYO's product category is Cryotherapy and Wellness Services. Its primary akta.pro industry code is HSADAKAE, Cryotherapy Services, with a secondary code of HSALAFAH, Hot/Cold Therapy Services (Cryotherapy/Ice Baths). Its NAICS code is 33341 and its SIC code is 3585.