# Gympass

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gympass

- Industry: Travel & Leisure
- Headquarters: Sao Paulo, Brazil
- Total disclosed funding: $305M
- Latest round: Series F (Aug 23, 2023)
- Investors on record: 10

## About

Based in Sao Paulo, Brazil, and founded in 2012, GPBR Participações LTDA., trading as Gympass, provides a fitness discovery platform for individual and corporate clients. The company was co-founded by its CEO Cesar Carvalho and Joao Barbosa. In August 2023, Gympass, Inc. raised USD 85 million in series F funding led by new investor EQT, with participation from another new investor Neuberger Berman. Returning investors General Atlantic and Moore Strategic Ventures also participated in the round. The company provides an online subscription-based platform for individuals and organizations to engage in physical activity by providing a network of workout facilities and programs such as circuit training, pilates, and CrossFit programs. The company generates revenue through its monthly subscription packages which cost USD 11.99 per month for starter, USD 174.99 per month for gold, and USD 279.99 for diamond. The company plans to expand its operation in the US, improve its product features, and integrate more categories such as digital fitness, mental health, and nutrition.

## Funding rounds

- Series F, Aug 23, 2023, $85M — EQT, General Atlantic, Neuberger Berman, Moore Strategic Ventures
- Series E, Jun 29, 2021, $220M — General Atlantic, Kaszek Ventures, Valor Capital Group, Moore Strategic Ventures, Softbank Latin America Ventures
- Series A, May 1, 2015 — Atomico, Valor Capital Group, Koolen & Partners, Redpoint eVentures
- Seed, Jan 1, 2012 — Redpoint eVentures

## Investors

- Redpoint eVentures (https://capitalatlas.ai/funds/redpoint-eventures) — Seed, Series A
- Atomico (https://capitalatlas.ai/funds/atomico) — Series A
- Valor Capital Group (https://capitalatlas.ai/funds/valor-capital-group) — Series A, Series E
- Koolen & Partners (https://capitalatlas.ai/funds/koolen-partners) — Series A
- General Atlantic (https://capitalatlas.ai/funds/general-atlantic) — Series E, Series F
- Kaszek Ventures (https://capitalatlas.ai/funds/kaszek-ventures) — Series E
- Moore Strategic Ventures (https://capitalatlas.ai/funds/moore-strategic-ventures) — Series E, Series F
- Softbank Latin America Ventures (https://capitalatlas.ai/funds/softbank-latin-america-ventures) — Series E
- EQT (https://capitalatlas.ai/funds/eqt) — Series F
- Neuberger Berman (https://capitalatlas.ai/funds/neuberger-berman) — Series F