About ClassPass
ClassPass is a company based in New York (United States) founded in 2013 was acquired by Mindbody in October 2021. ClassPass has raised $524.53 million across 8 funding rounds from investors including Mindbody, Apax Partners and Temasek. The company has 1,046 employees as of December 31, 2023. ClassPass has completed 6 acquisitions, including Clickypass, FitMob and Fitmob. ClassPass operates in a competitive market with competitors including Urban Sports Club, Wellhub, Fitpass, Peerfit and 1FIT, among others.
- Headquarter New York, United States
- Employees 1046 as on 31 Dec, 2023
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Sectors
HealthcareBusiness Services
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Email
Locked
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Phone
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$524.53 M (USD)
in 8 rounds
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Latest Funding Round
$285 M (USD), Series E
Jan 08, 2020
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Investors
Mindbody
& 22 more
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Employee Count
1046
as on Dec 31, 2023
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Investments & Acquisitions
Clickypass
& 5 more
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Acquired by
Mindbody
(Oct 13, 2021)
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Funding Insights of ClassPass
ClassPass has successfully raised a total of $524.53M across 8 strategic funding rounds. The most recent funding activity was a Series E round of $285 million completed in January 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in ClassPass
ClassPass has secured backing from 23 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Mindbody, Apax Partners and Temasek.
| Investor | Description | Founded Year | Domain | Location |
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L Catterton is recognized as a leading consumer-focused private equity group.
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Equity investments are focused on tech, services, and consumer sectors.
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An investment platform is provided for diverse sectors and geographies.
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Investor details for ClassPass
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Investments & Acquisitions by ClassPass
ClassPass has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Clickypass, FitMob and Fitmob.
Investment portfolio details for ClassPass
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- Portfolio identities
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Fitness training app provided for specialized individual programs.
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Unlimited fitness classes are accessed through membership at partnered studios.
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Single membership pass for different fitness activities
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Complete acquisition details for ClassPass
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Financial Statements - ClassPass
Detailed financials for ClassPass
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Classpass Comparisons
Peer comparison for ClassPass
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Competitors of ClassPass
ClassPass operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Urban Sports Club, Wellhub, Fitpass, Peerfit and 1FIT, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Subscription-based marketplace for sports and fitness venues is offered.
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Cloud-based wellness programs are offered for employee health and productivity.
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Subscription-based platform for multiple fitness classes is offered.
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One pass to various fitness studios
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Subscription-based access to gyms is provided via an online platform.
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Detailed competitors of ClassPass
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Latest news on Classpass
Complete news archive for ClassPass
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Frequently Asked Questions about ClassPass
ClassPass was founded in 2013 and raised its 1st funding round 1 year after it was founded.
ClassPass is headquartered in New York, United States. It is registered at New York, New York, United States.
ClassPass is a funded company, having raised a total of $524.53M across 8 funding rounds to date.
As of Dec 31, 2023, the latest employee count at ClassPass is 1,046.
ClassPass was founded in 2013 in New York, United States, within the fitness sector. Membership programs are provided to enable access to diverse classes at multiple gyms and studios for a fixed fee. Operations focus on user engagement in fitness routines, while participating studios receive new participants and utilize excess class capacity. Corporate membership options have been introduced to expand services.
ClassPass's top competitors include Urban Sports Club, Wellhub and Fitpass.
ClassPass has made 6 acquisitions, including Clickypass, FitMob, and Fitmob.
ClassPass has 23 investors. Key investors include Mindbody, Apax Partners, Temasek, L Catterton, and Acequia Capital.