ClassPass
Latest round
- Series E
Last raised
- Dec 2019
Total raised
- $508M
Investors
- 19
About ClassPass
ClassPass Inc.Founded in 2012, ClassPass Inc. is headquartered in New York, US. The company connects users with fitness and wellness facilities, allowing them to explore and book classes and services. Recent strategic moves include its acquisition by MindBody, Inc. on October 13, 2021, which aims to create a comprehensive platform for consumers and business owners. ClassPass was co-founded by Mary Biggins and Payal Pujji, while Fritz Lanman currently serves as CEO.ClassPass operates a comprehensive platform that connects users with fitness and wellness facilities, offering a range of classes and salon appointments. The company's core offerings include access to various workout classes such as yoga, pilates, cycling, and high-intensity interval training, alongside beauty and wellness services that can be booked through its app. The service primarily targets fitness enthusiasts and individuals seeking convenience in their wellness routines, allowing users to explore different studios and services without long-term commitments.ClassPass generates revenue primarily through a subscription model, where users pay for monthly access to fitness classes and wellness appointments. Clients can choose from various pricing plans based on their activity levels, which typically include options for a set number of classes or appointments each month. For instance, users may subscribe to a tier that allows them to book multiple classes at different studios without upfront fees for each individual booking. Furthermore, partnerships with fitness studios and salons enable revenue sharing, wherein ClassPass receives a percentage of the fees collected for classes reserved through its platform., which is expected to enhance its offerings as a one-stop shop for both business owners and consumers. The acquisition will support ClassPass’s efforts to expand its services and reach new markets, although specific new product launches and geographic regions targeted for expansion have not been detailed as of now.
Who invested in ClassPass
19 investors across 7 rounds
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Funding rounds
Series E
Dec 23, 2019
Amount
$285M
Investors
Series D
Jun 15, 2018
Amount
$85M
Investors
Series C
May 26, 2017
Amount
$54M
Investors
Series B
Jun 5, 2015
Amount
$30M
Investors
Series B
Jan 28, 2015
Amount
$40M
Investors
Series A
Sep 17, 2014
Amount
$12M
Investors
Seed
Mar 31, 2014
Amount
$2M
Investors
Questions about ClassPass
Who invested in ClassPass?
ClassPass has 19 investors on record across 7 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has ClassPass raised?
ClassPass has raised 7 venture rounds. Sign up free to see how much each round raised and the total.
When did ClassPass last raise money?
ClassPass's most recent round on record is a Series E, in Dec 2019.
What does ClassPass do?
ClassPass is a internet company.
Where is ClassPass headquartered?
ClassPass is headquartered in New York, US.
Which VCs invest in companies like ClassPass?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at ClassPass's stage. Their profiles are linked below.
VCs backing internet startups at Series E
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