Mindbody, a platform for booking and managing fitness classes and other wellness services, has entered into an agreement to acquire online fitness membership company ClassPass in an all-stock deal for an undisclosed amount.
Axios reported that Mindbody will hold between a 60% and 70% stake in the combined business. The ClassPass app and website will continue to operate, and its CEO, Fritz Lanman...
San Francisco-based fitness app company fitmob raised $5 million from 112 investors -- $1 million of the funding came from Recruit Strategic Partners and was previously disclosed. Some $3.25 million of the round came from Mayfield Fund, Structure.vc, Venture51, Queensbridge Capital, and Vast Ventures. The remainder came from investors on AngelList.
This brings the company's total funding to at...
