About Gym Class
Gym Class is a company based in Los Angeles (United States) founded in 2021 by Matthew Harris, Justin Hubert, and Paul Katsen.. Gym Class has raised $8 million across 1 funding round from investors including Andreessen Horowitz and Y Combinator. Gym Class offers products and services including Gym Class VR App and iPhone Companion App. Gym Class operates in a competitive market with competitors including DraftKings, FanDuel, Dream Sports, MPL and FitXR, among others.
- Headquarter Los Angeles, United States
- Founders Matthew Harris, Justin Hubert, Paul Katsen
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Sectors
HealthcareMedia & Entertainment Technology
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8 M (USD)
in 1 rounds
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Latest Funding Round
$8 M (USD), Seed
Aug 02, 2022
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Investors
Andreessen Horowitz
& 1 more
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Employee Count
Employee Count
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Products & Services of Gym Class
Gym Class offers a comprehensive portfolio of products and services, including Gym Class VR App and iPhone Companion App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Application for playing sports in virtual reality environments.
App that supports Gym Class VR with additional features and connectivity.
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Funding Insights of Gym Class
Gym Class has successfully raised a total of $8M through 1 strategic funding round. The most recent funding activity was a Seed round of $8 million completed in August 2022. 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $8.0M
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First Round
First Round
(02 Aug 2022)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2022 | Amount | Seed - Gym Class | Valuation | a16z |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Gym Class
Gym Class has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Andreessen Horowitz and Y Combinator. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Founded Year | Domain | Location | |
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Gym Class
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Gym Class
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Gym Class Comparisons
Competitors of Gym Class
Gym Class 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 DraftKings, FanDuel, Dream Sports, MPL and FitXR, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online fantasy sports platforms are provided for multiple sports.
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| domain | founded_year | HQ Location |
Developer of a fantasy platform for multiple sports
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| domain | founded_year | HQ Location |
Operator of a multifaceted platform for sports content and experiences
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| domain | founded_year | HQ Location |
Real money skill-based gaming is facilitated through an online platform.
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| domain | founded_year | HQ Location |
Virtual reality fitness experiences are developed for coaching and motivation.
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| domain | founded_year | HQ Location |
Developer of an online fantasy sports platform
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Gym Class
When was Gym Class founded?
Gym Class was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Gym Class located?
Gym Class is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Is Gym Class a funded company?
Gym Class is a funded company, having raised a total of $8M across 1 funding round to date. The company's 1st funding round was a Seed of $8M, raised on Aug 02, 2022.
What does Gym Class do?
Gym Class was founded in 2021 in Los Angeles, United States, within the virtual reality and fitness technology sector. A platform is provided that enables users to engage in workouts and sports activities alongside others in a virtual environment. Compatibility with standard VR headsets is supported, facilitating remote social interactions for physical exercises. Operations focus on software development for immersive fitness experiences.
Who are the top competitors of Gym Class?
Gym Class's top competitors include FanDuel, DraftKings and Dream Sports.
What products or services does Gym Class offer?
Gym Class offers Gym Class VR App and iPhone Companion App.
Who are Gym Class's investors?
Gym Class has 2 investors. Key investors include Andreessen Horowitz, and Y Combinator.