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...
Fitt, a digital platform that highlights local fitness and wellness options for consumers, has closed a round of funding led by Mountain State Capital. Riverfront Ventures and prior backer TNC Ventures also participated, as did wellness business management software company MINDBODY, which is coming on board as a strategic partner.
The startup did not specify the value of the raise.
WHAT THEY DO...
This morning San Luis Obispo-based wellness platform Mindbody announced the acquisition of FitMetrix, a performance tracking engagement platform, for an undisclosed sum.
"Together, FitMetrix and Mindbody create a broader offering of services for class-based boutique fitness businesses, and further expands our reach into the broader fitness market," Monica Dioda, CEO and co-founder of FitMetrix,...
NHS set to offer AI system free to all hospitals. The BBC is reporting that new AI systems for interpreting cardiac and lung scans could save England's National Health Service a billion pounds. The cardiac system, called Ultromics, was developed at Oxford's John Radcliffe Hospital. It checks radiology scans for signs of heart disease and will be offered to hospitals starting this summer. The...
3M Health Information Systems as entered an agreement with Verily (formerly Google Life Sciences) to develop new population health measurement technology. The joint platform will work to assess quality performance data across healthcare delivery systems and patient populations, providing actionable insights that can be used to make improvements in healthcare quality and cost. The platform will...
Digital health funding reached nearly $700 million in the first quarter of 2014, according to a Rock Health report that only looked at companies that raised more than $2 million. The total funding this quarter grew 87 percent compared to the first quarter of 2013.
Rock Health looked at around 68 investments for its first quarter report. California-based companies received 32 percent of the...
