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Venture Capital News: Gympass Pulls In $220M Funding Round

2021-06-29
NEW YORK, NY, Gympass announces a $220 million financing round.
Gympass, the largest corporate wellbeing platform, today announced that Softbank, General Atlantic, Moore Strategic Ventures, Kaszek and Valor Capital Group, are supporting the company with a new investment round of $220M in its mission to make wellbeing universal.

As people flock back to the gym, Gympass has seen its valuation more than double to $2.2B, reflecting the increased importance of wellbeing for companies.

Gympass is a complete corporate wellbeing platform that ignites and fuels every journey to feel good. Gympass does this by reinventing wellbeing, making it universal, engaging and accessible. Worldwide companies rely on Gympass' unmatched variety, convenience, and flexibility to support their employees' health and happiness. With over 50,000 fitness partners, 1,300 on-demand classes, 2,000 hours of meditation, weekly 1:1 therapy sessions, and hundreds of personal trainers, Gympass supports every wellbeing journey.
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