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ClassPass is now valued at $1 billion

08/01/2020

With a $285 million funding round, ClassPass—the startup that lets fitness buffs of all stripes drop in on exclusive studios—hopes to upend corporate wellness programs. ClassPass, the fitness startup that connects monthly subscribers with boutique studio classes, has closed its latest round of...
With a $285 million funding round, ClassPass—the that lets buffs of all stripes drop in on exclusive studios—hopes to upend corporate wellness programs. ClassPass, the that connects monthly subscribers with boutique studio classes, has closed its latest round of funding—a $285 million cash infusion that has secured the company a billion-dollar valuation. The investment, led by private equity firm L Catterton and growth equity fund Apax Digital, is positioned to capitalize on ClassPass’s recent expansion into 28 countries and a corporate wellness program that has drawn more than 1,000 employers, from Google and Facebook to Morgan Stanley and even Southwest Airlines.Read Full Story
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