Fitness-focused startup Gympass announced a $220 million funding round led by Softbank, General Atlantic, Moore Strategic Ventures, Kaszek and Valor Capital Group.
This new infusion of cash lifts the company's valuation to a whopping $2.2 billion. Gympass officially became a unicorn in 2019 when it scored $300 million in strategic funding.
WHAT IT DOES
Founded in 2012, Gympass works with...
Yes Health, a mobile platform for weight loss, diabetes prevention and concierge health coaching, is moving deeper into the employer market with its new partnership with Gympass, a corporate fitness platform.
Through the deal, Gympass client companies can now offer their employees access to Yes Health’s wellness app.
The app creates personalized health programs for each member’s goals based on...
Gympass, a platform for employer’s benefits programs that offers fitness class bookings to members, announced this week the acquisition of Lisbon, Portugal-based artificial intelligence company Flaner.
With this, the Brazil-grown fitness platform will be opening up a new “Tech Hub” in Lisbon that will begin with Flaner’s current employees and expand to a full staff of 50, according to Gympass....
Gympass, a platform that offers fitness classes through an employer’s benefits program, announced today new strategic funding led by SoftBank’s Vision Fund Lain America Fund, and support by previous backers such as General Atlantic, Atomico and Valor Capital Group.
Bloomberg and others are pegging the investment at $300 million, lending the startup a $1 billion-plus valuation when taking its...