January 8, 2020
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...
January 14, 2019
Online fitness membership platform ClassPass announced last week that it will be acquiring GuavaPass, a similar competing service active in Asia and the Middle East.
The deal is set to close before the end of the month. Although the specific terms were not disclosed in the original announcement, a company spokesperson told Fortune that the purchase ran ClassPass $4.2 million. Along with assuming...
July 27, 2018
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...
June 19, 2017
New York-based ClassPass, a virtual fitness membership network, has raised $70 million in Series C funding in a round led by Temasek. Existing investors Acequia Capital, CRV, General Catalyst, GV, M13 and Thrive also contributed to the funding, which ClassPass will use to expand operations and develop new products.
ClassPass, which was founded in 2013, uses an app to connect users to fitness...