Online fitness membership platform ClassPass announced this morning the close of a hefty $285 million Series E investment round that, according to a spokesperson, propels the New York-based company’s valuation past the $1 billion mark.
The new raise was led by L Catterton and Apax Digital, while prior backer Temasek also made an appearance. As a result of their participation, L Catterton’s Marc...
Connected fitness company Tonal has raised $45 million in Series C funding, bringing the company’s total funding to $90 million.
The Growth Fund of L Catterton led the round. Additional investors included Evolution Media, Shasta Ventures, Mayfield, and Sapphire Ventures, as well as tennis star Serena Williams’ new venture fund Serena Ventures.
WHAT THEY DO
Tonal offers a special connected...
Online fitness membership platform ClassPass has scored $85 million in a Series D funding round led by Singapore company Temasek, with participation from L Catterton's Growth Fund.
“Fitness has become more personalized, and ClassPass represents an opportunity to invest behind a market leader that is well positioned for growth,” Michael Farello, co-managing partner of L Catterton Growth Fund, who...
