# Life Time

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/life-time

- Industry: Travel & Leisure
- Headquarters: Chanhassen, US
- Website: www.lifetime.life
- Total disclosed funding: $72M
- Latest round: Series C (Aug 16, 2000)
- Investors on record: 3

## About

Founded in 1992 and based in Minnesota, US, Life Time, Inc., formerly known as Life Time Fitness, Inc., is an owner and operator of physical fitness centers in the US. The company offers group fitness, yoga, swimming, personal training, spa, and weight loss training programs. Bahram Akradi is the founder, chairman, and CEO of the company. In June 2015, LNK Partners, TPG, along with Leonard Green & Partners acquired Life Time, Inc. for approximately USD 4 billion in cash.

Life Time provides an entertaining, educational, friendly, inviting, and functional experience for the health and fitness needs of the entire family. The firm delivers programs in the places by the people and performers. It offers outdoor classes, virtual training, kid's classes, swim lessons, pick-up basketball, and squash reservations, as well as LifeSpa Programs.

The organization generated revenue of USD 734 million and USD 769 million in 2019 and 2020 respectively.

## Funding rounds

- Series C, Aug 16, 2000, $45M — Apax Partners, Norwest Equity Partners
- Series B, Jun 1, 1998, $20M — Norwest Equity Partners, SightLine Partners
- Series A, Jun 1, 1996, $6.5M — Norwest Equity Partners

## Investors

- Norwest Equity Partners (https://capitalatlas.ai/funds/norwest-equity-partners) — Series A, Series B, Series C
- SightLine Partners — Series B
- Apax Partners (https://capitalatlas.ai/funds/apax-partners) — Series C