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About ClassPass
Industries
Consumer Software
Social Impact
Consumer Goods
Company Size
501-1,000
Company Stage
Series E
Total Funding
$518.2M
Headquarters
New York City, New York
Founded
2011
Overview
ClassPass provides a subscription service that allows users to book fitness classes, wellness experiences, and beauty appointments through a single app. Users can purchase credits to access a variety of services at thousands of partner gyms, fitness studios, salons, and spas worldwide. This flexibility appeals to busy professionals and fitness enthusiasts who want to explore different options without being tied to one location. ClassPass also offers corporate wellness programs to enhance employee well-being. The company generates revenue through subscription plans and commissions from partner facilities for each booking made. ClassPass aims to simplify access to health and wellness services, making it easier for individuals to prioritize their well-being.
Simplify's Take
What believers are saying
- ClassPass is expanding into food and beverage offerings, broadening its service portfolio.
- The rise of corporate wellness programs presents growth opportunities for ClassPass's B2B services.
- Increased demand for hybrid fitness models aligns with ClassPass's digital expansion potential.
What critics are saying
- ClassPass faces increased competition from digital sports membership platforms like myClubs.
- The upcoming IPO may lead to pressure for short-term financial performance.
- Expansion into food and beverage offerings may dilute ClassPass's core brand identity.
What makes ClassPass unique
- ClassPass offers a diverse range of fitness, wellness, and beauty services globally.
- The platform uses machine learning for personalized class recommendations to enhance user experience.
- ClassPass partners with over 25,000 studios, gyms, and wellness centers worldwide.
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Funding
Total Funding
$518.2M
Above
Industry Average
Funded Over
6 Rounds
SV Angel
General Catalyst
BoxGroupIndustry standards
Benefits
Full Medical Benefits
Family Leave & Benefits
Wellness for Body & Mind
Financial Wellbeing
Retirement savings
Pre-tax flexible spending accounts
Generous Paid Time Off
Flexible Workplace
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↑ 4%ClassPass has partnered with D1 Training, an athletic training franchise serving fitness consumers of all ages, giving ClassPass members access to D1 Training's expert coaching.
Mintdc has collaborated closely with ClassPass to manage guest access carefully.
To help spread the word, Shearer joined ClassPass, an app that helps fitness studios fill empty slots with casual users.
ClassPass is closing out 2024 having expanded into food and beverage offerings and is gearing up for an initial public offering, but before the year wraps up, the fitness and wellness platform is taking a moment to reflect on the year's top workout and wellness trends.
ClassPass is closing out 2024 having expanded into food and beverage offerings and is gearing up for an initial public offering, but before the year wraps up, the fitness and wellness platform is taking a moment to reflect on the year's top workout and wellness trends.
There are no jobs for ClassPass right now.
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About ClassPass
Industries
Consumer Software
Social Impact
Consumer Goods
Company Size
501-1,000
Company Stage
Series E
Total Funding
$518.2M
Headquarters
New York City, New York
Founded
2011
There are no jobs for ClassPass right now.
Find jobs on Simplify and start your career today