Sweat & Tonic

What Sweat & Tonic does

Sweat & Tonic operates a premium boutique fitness and wellness ecosystem built on a 'Sweat, Recover, Connect' model, delivering 600+ weekly group classes (Yoga, Pilates, HIIT, Ride, Strength Training, Lagree via REFORMD, and HYROX via The Lab) across three Toronto studios totalling ~59,000 sq.ft., with an additional sister location in Los Angeles (Silver Springs). The technology foundation combines best-in-class third-party fitness equipment (Technogym Group Cycle bikes and Skillrun treadmills, Rogue Fitness and Keiser strength equipment, 31 Mega Pro Lagree Megaformers) with specialized wellness technology including a private infrared and electric sauna, BlueCube cold plunge, TheraLight 360+ red light therapy, DEXA body composition scanning, and an infrared-heated yoga/Pilates studio. Studio management runs on Mariana Tek software, spa booking on Jane App, and e-commerce on Shopify, with a recent partnership (Feb 2026) with Clootrack introducing AI-powered Voice of the Customer analytics.

The company monetizes through a tiered membership model: 9-to-5 Sweat memberships ($165-$190/month) for daytime access, Unlimited memberships at $260/month (Yonge/Shuter) and $290/month (The Well), a premium Club Transcend tier at $1,000/month capped at 50 members, and usage-based class credit packs (intro offers at 3 for $60 or 5 for $75). Additional revenue streams include a B2B Corporate Membership Program (with RBC Canada as a named partner at 18% discount), premium Tonic Spa services, private event rentals at Tonic House, branded retail via the S&T Shop, and Tonic Bar food/beverage. The customer base spans affluent Toronto fitness enthusiasts, ultra-premium wellness seekers (Club Transcend), HYROX competitors and fitness athletes, urban young professionals, and corporate employees; clients cited include RBC Canada, lululemon, Tatcha, First Aid Beauty, Touchland, and Billboard Canada.

Founded in 2019 by David Ingram in Toronto's historic Ryrie Building, Sweat & Tonic expanded to The Well in 2023, launched Silver Springs LA in 2023, debuted REFORMD in January 2025, and is opening a fourth Toronto location in Yorkville in October 2026. Recognition includes the Mariana Tek Full House Award (2024), Mariana Tek Lasting Community Award (2023), LinkedIn Top Startups 2024, and coverage in Forbes, Vogue, and the Globe and Mail. The company remains privately held with no disclosed external funding, M&A activity, or institutional investors identified in the source material.

Name

Sweat & Tonic

Legal name

Sweat and Tonic

Website

https://sweatandtonic.com

Company type

Private

Founded year

2019

Operating status

Operating

Short description

Sweat & Tonic is a privately held Toronto-based boutique fitness and wellness operator running ~600 weekly group classes (yoga, Pilates, HIIT, ride, strength, Lagree, HYROX) across three Toronto studios, a Los Angeles sister location, and the REFORMD Lagree sub-brand, serving affluent urban consumers and corporate wellness clients through tiered memberships priced $165-$1,000/month.

Ownership category

akta.pro rank

Product category

Boutique Fitness and Wellness

NAICS

Fitness and Recreational Sports Centers (713940), Snack and Nonalcoholic Beverage Bars (722515)

SIC

Services-Membership Sports & Recreation Clubs (7997), Services-Amusement & Recreation Services (7900)

akta.pro primary industry

Group Fitness, Personal Training & Wellness Coaching (EDALAIAE)

Keywords

• Boutique fitness studios
• Group fitness classes
• Wellness recovery services
• Corporate wellness programs
• Premium fitness memberships

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices5 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D, Supply Chain, Others

Revenue model

1. Membership Subscriptions: Monthly recurring subscriptions including Unlimited memberships ($260-$290/month), 9 to 5 Sweat memberships for limited hours, and Club Transcend premium tier ($1,000/month). No initiation fees, no annual commitment, cancel anytime with price-protection.
2. Class Credits/Packs: Credit pack sales including intro offers (3 for $60, 5 for $75), monthly credit bundles, and Reformd-specific credit packs. Credits redeemable across S&T, Reformd, The Lab, and spa services.
3. Premium Wellness Services: High-margin spa and biohacking services including massage therapy, DEXA scans ($80 single, $140 2-pack), hot/cold therapy sessions, facials, acupuncture, physiotherapy, and IV vitamin therapy. Club Transcend includes comprehensive wellness services.
4. Corporate Membership Program: B2B corporate wellness memberships with employer subsidies, volume-based discounts that grow as more employees enroll, and corporate partner program with minimum 18% discount.
5. Event Space Rental: Private event bookings for corporate events, birthday parties, team meetings, brand activations, and private fitness classes in Tonic House and studio spaces. Unlimited members receive 10% off bookings.
6. Retail Merchandise: S&T branded apparel and accessories including Haven Hoodie ($61.12), lululemon collaboration pieces, and athletic wear. In-store and online sales through S&T Shop.
7. Tonic Bar Food & Beverage: In-house smoothie bar and cafe serving post-workout recovery drinks, coffee, grab-and-go food, and evening cocktail bar services. Rewards program with 10 points per $1 spent.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels8 records

Core offering

Sweat & Tonic operates boutique fitness and wellness clubs offering 600+ weekly group fitness classes (Yoga, Pilates, HIIT, Ride, Strength Training, Lagree, and HYROX), recovery and biohacking services through Tonic Spa (infrared saunas, hot/cold plunge, red light therapy, DEXA scans, massage therapy), community workspace and event space at Tonic House, and a café/cocktail bar at Tonic Bar across three Toronto locations plus one Los Angeles sister location.

Product overview

Sweat & Tonic operates as a unified boutique fitness and wellness ecosystem built around the 'Sweat, Recover, Connect' model. The core offering comprises over 600 weekly group fitness classes (Yoga, Pilates, HIIT, Ride, Strength Training, and Lagree via REFORMD) across three Toronto locations, supplemented by recovery and wellness services through Tonic Spa, community spaces at Tonic House, and food/beverage at Tonic Bar. The product architecture spans multiple tiers: base class credits, Unlimited and 9-to-5 memberships, premium Club Transcend ($1,000/month) combining all-location access with personal training and biohacking, and a separate REFORMD sub-brand for Lagree. A fourth Toronto location in Yorkville is planned for October 2026.

Differentiator

Problem solved

Functional benefit

Brands

• REFORMD: Lagree Megaformer studio, described as the world's highest-capacity and Toronto's highest-attended Lagree studio, operated as a distinct concept under Sweat and Tonic.
• Tonic Spa
• Tonic Bar
• Tonic House
• The Lab
• Club Transcend
• Silver Springs

Products and services

• Group Fitness Classes Over 600 weekly group fitness classes including Yoga, Pilates, HIIT, Ride (indoor cycling), and Strength Training delivered across three Toronto clubs with state-of-the-art studios equipped with Technogym, Rogue Fitness, and Keiser equipment, infrared heating, and immersive lighting/AV systems. For affluent urban fitness consumers seeking premium boutique class experiences.
• The Lab (HYROX Training) Official HYROX training club offering precision-engineered group workouts combining SkiErgs, rowers, sleds, treadmills, medicine balls, and kettlebells. Located at the Front/Spadina location. For competitive fitness athletes and HYROX competitors.
• REFORMD World's highest-capacity Lagree Megaformer studio featuring 31 Mega Pro machines offering the Lagree Method workout. Operates as a distinct sub-brand under Sweat & Tonic. For fitness enthusiasts seeking Lagree/strength training.
• Tonic Spa Premium wellness and recovery hub offering 50 ft. lap pool, infrared sauna, hot/cold contrast therapy suite, massage therapy, red light therapy, DEXA body composition scanning, compression therapy, facials, acupuncture, physiotherapy, and IV vitamin therapy. For members and walk-in spa clients seeking recovery and biohacking services.
• Tonic House Premium lounge, co-working space, and event venue for the S&T community featuring complimentary WiFi, charging stations, sound-proof phone booths, and full-service event venue rental for corporate events, birthday parties, and brand activations.
• Tonic Bar Food and beverage venue offering smoothies, juices, coffee, grab-and-go food, evening cocktails, and healthy bites. Features mobile ordering and rewards program (10 points per $1 spent). Located at multiple S&T locations.
• Personal Training One-on-one coaching with expert trainers in a personal training studio outfitted with Rogue Fitness and Keiser equipment. Sessions available individually ($125–$150+HST per session) or as bundled sessions within Club Transcend membership. For members seeking tailored fitness programming.
• Small Group Training Small group strength training sessions (capacity up to 12) featuring premium Rogue Fitness and Keiser equipment including power racks, barbells, dumbbells, rings, and pull-up bars. For members seeking coached strength training in a semi-private setting.
• Corporate Membership Program Employee wellness program providing corporate rates on unlimited fitness and wellness memberships with flexible employer subsidy options, minimum 18% discount, and volume-based discounts that grow with enrollment. For employers seeking workplace wellness benefits.
• Club Transcend Premium 360 wellness membership ($1,000/month, limited to 50 members) offering all-location access including REFORMD and Silver Springs LA, unlimited classes, 4 personal training or 8 small group training sessions per month, unlimited pool/biohacking, 8 hot/cold therapy sessions + guest credits, 4 DEXA scans/year, 1 dietetics consultation/year, private meeting rooms, and priority booking. For ultra-premium wellness seekers.
• S&T Shop Branded apparel and merchandise including S&T monogram hoodies (e.g., Haven Hoodie $61.12), sweat pants, accessories, and lululemon collaboration pieces (Energy Bra, Wunder Train Leggings, Sculpt Tank, License to Train apparel). Sold online via Shopify and in-studio. For members and brand fans.

Quantifiable outcome

• 20% higher productivity and 26% reduction in absenteeism in workplaces with comprehensive mental health and physical activity programs
• +2 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature4 records

Partnerships

Six partnerships are on record, tiered minor and core.

• Billboard CanadaminorGTM or Marketing Partner · 26 May 2026Fitness and music partnership during NXNE Music Festival at The Well in Toronto, running June 10-14, 2026. Collaboration delivers curated fitness classes with music programming, blending wellness experiences with music culture. Complimentary classes to Sweat and Tonic community members and NXNE pass holders.
• The Well (Toronto)coreStrategic or Co-development Partner · 26 May 2026Host venue for Front/Spadina location (25,000 sq.ft.) and NXNE Music Festival partnership. Canada's most ambitious mixed-use development. The Well positioned as destination where music, wellness, and culture intersect.
• RBC CanadaminorChannel Partner/ Reseller/ DistributorCorporate partner enrolled in S&T corporate wellness program. Employees receive 18% membership discount, 10% S&T Shop discount, unlimited pool access, guest credits, and personal training credits.
• TechnogymcoreTechnology or IntegrationEquipment provider for fitness studios including Technogym Skillrun treadmills and Technogym Group Cycle Ride bikes with patented technology blending precision with comfort.
• Rogue FitnesscoreTechnology or IntegrationEquipment provider for strength training studios including power racks, barbells, dumbbells, rings, and pull-up bars. Used in Small Group Training and personal training facilities.
• KeisercoreTechnology or IntegrationEquipment provider for strength training studios alongside Rogue Fitness, providing premium training equipment for Small Group Training and personal training.

Scale indicators9 records

Recent moves11 records

Expansion highlights6 records

Broad incumbents

• Life Time Fitness: Large-scale premium fitness operator offering classes, recovery, spa, and F&B under one roof. Comparable to Sweat & Tonic's integrated ecosystem model but with much larger facility scale and broader geographic footprint.
• CorePower Yoga: Large boutique yoga chain with heated studio formats, membership tiers, and national footprint. Comparable on yoga/Pilates modality, heated-studio technology, and membership subscription model.
• Equinox: Premium multi-modality fitness club with integrated spa, recovery, and wellness services. Comparable to Sweat & Tonic's integrated 'Sweat, Recover, Connect' positioning but at a larger, more established scale across multiple US markets.

Direct peers

• Y7 Studio: Hip-hop themed heated yoga boutique with premium pricing and identity-based brand community. Comparable to Sweat & Tonic's yoga studio experience and community-led brand strategy.
• SoulCycle: Boutique indoor cycling chain with premium pricing, community-driven brand, and instructor-led experience. Comparable on premium price points, single-modality depth, and lifestyle brand extension via retail.
• Barry's Bootcamp: Iconic boutique HIIT + indoor cycling concept combining high-intensity training with hospitality. Comparable premium positioning, class-pack pricing model, and community-led brand marketing approach to Sweat & Tonic.
• SLT (Strengthen Lengthen Tone): Boutique Lagree Megaformer studio with premium positioning, multi-location model, and membership-driven revenue. Most direct comparison to Sweat & Tonic's REFORMD sub-brand and its boutique premium pricing strategy.
• Pure Yoga: Premium boutique yoga chain with multiple class formats, heated studios, and tiered membership pricing. Comparable on yoga depth, premium pricing, and integrated studio experience.

Regional players

• RIDE Cycle Club: Toronto-based boutique indoor cycling studio. Directly comparable as a Toronto market competitor targeting the same premium consumer segment as Sweat & Tonic's Ride classes.
• Fit Factory Toronto: Toronto boutique HIIT and strength training studio. Comparable on group fitness modality, Toronto market presence, and competitive pricing in similar affluent neighborhoods.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/sweatandtonic
• LinkedInlinkedin.com/company/sweat-and-tonic
• Instagraminstagram.com/sweatandtonic
• TikToktiktok.com/@sweatandtonic

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sweat & Tonic