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About Wellhub
Industries
Consulting
Healthcare
Consumer Goods
Company Size
1,001-5,000
Company Stage
Series F
Total Funding
$795M
Headquarters
New York City, New York
Founded
2012
Overview
Wellhub provides a subscription-based platform that gives users access to various gyms, fitness studios, online classes, wellness apps, and virtual personal training. It primarily targets corporate clients by integrating its services into employee benefits programs, promoting health and well-being. Wellhub's tiered membership model allows users to select plans that fit their fitness needs and budgets, generating revenue through subscription fees and employer partnerships. The company's goal is to encourage healthier lifestyles among users, which can lead to increased productivity and reduced healthcare costs for businesses.
Simplify's Take
What believers are saying
- Growing demand for hybrid fitness solutions aligns with Gympass's offerings.
- Partnership with Apple Fitness+ expands Gympass's reach to over two million employees.
- Corporate wellness programs increasingly include financial wellness, benefiting Gympass's holistic approach.
What critics are saying
- Increased competition from Xponential Fitness may challenge Gympass's market share.
- Cost of living crisis in the UK could reduce disposable income for memberships.
- Dependency on Apple Fitness+ partnership may impact revenue if dissolved.
What makes Wellhub unique
- Gympass offers a unique tiered membership model for diverse fitness needs.
- Partnerships with employers integrate Gympass into corporate wellness programs.
- Access to a vast network of gyms, studios, and wellness apps sets Gympass apart.
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Funding
Total Funding
$795M
Above
Industry Average
Funded Over
3 Rounds
SoftBankBenefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Flexible Work Hours
Hybrid Work Options
Paid Vacation
Paid Parental Leave
Career Growth
Wellness Program
Growth & Insights and Company News
6 month growth
↓ -7%1 year growth
↓ -16%2 year growth
↓ -4%Berlin, Germany - March 25, 2025 - Wellhub, a leading global corporate wellbeing platform that connects employees with wellness plans across fitness, mindfulness, therapy, nutrition, and sleep, today announced it has entered into a definitive agreement to acquire Urban Sports Club, a European provider of corporate employee benefit programs and consumer wellness solutions.
Wellhub acquires Urban Sports Club, expanding corporate wellbeing benefits across Europe. The acquisition creates a larger network for fitness, mindfulness, and wellness solutions, benefiting companies and employees.
NEW YORK, NY, UNITED STATES, March 17, 2025 /EINPresswire.com/ - STRETCHIT has partnered with Wellhub, the leader in corporate wellness, to provide employees with access to stretching, flexibility, and mobility training, as well as personalized programs, challenges, and competitions on the STRETCHIT app.
NEW YORK - March 14, 2025 - PRLog - STRETCHIT has partnered with Wellhub, the leader in corporate wellness, to provide employees with access to stretching, flexibility, and mobility training, as well as personalized programs, challenges, and competitions on the STRETCHIT app.
Wellhub, a leading global corporate wellness platform, has acquired Fitprime, a key player in the Italian market. This strategic move expands Wellhub's presence in Europe and creates Italy's largest network of wellness partners.
Wellhub is Hiring for 9 Jobs on Simplify!
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About Wellhub
Industries
Consulting
Healthcare
Consumer Goods
Company Size
1,001-5,000
Company Stage
Series F
Total Funding
$795M
Headquarters
New York City, New York
Founded
2012
Wellhub is Hiring for 9 Jobs on Simplify!
Find jobs on Simplify and start your career today
People Also Viewed
Discover companies similar to Wellhub