What is ClassPass?
ClassPass operates at the intersection of technology and personal wellness, providing a centralized platform that connects users to a vast network of fitness studios, gyms, and wellness providers. By leveraging a proprietary digital infrastructure, the company facilitates seamless access to diverse experiences, ranging from high-intensity interval training to restorative wellness practices. Following its merger with Mindbody, the organization has further entrenched its market position, focusing on the synergy between professional business management tools for fitness operators and a consumer-facing application that prioritizes user flexibility and health-conscious lifestyle choices.
How much funding has ClassPass raised?
ClassPass has raised a total of $494M across 6 funding rounds:
Angel/Seed
$2M
Series A
$12M
Series B
$40M
Series C
$70M
Series D
$85M
Series E
$285M
Angel/Seed (2014): $2M with participation from SV Angel, Grace Stanat, Charlie Songhurst, Keith Nowak, Romulus Capital, Owen Van Natta, Miroma, Blake Krikorian, Kal Vepuri, and BoxGroup
Series A (2014): $12M led by Shana Fisher, David Tisch, Noah Kraft, WME Ventures, CRV, and Kal Vepuri
Series B (2015): $40M supported by Thrive Capital and General Catalyst
Series C (2017): $70M featuring Temasek
Series D (2018): $85M backed by Temasek
Series E (2020): $285M with participation from Temasek, Apax Digital, and L Catterton
Key Investors in ClassPass
Temasek
Founded in 1974, Temasek is a global investment company headquartered in Singapore. We are a generational investor, seeking to make a difference always with tomorrow in mind.
L Catterton
L Catterton is a global consumer-focused private equity firm that has made more than 275 investments in consumer brands worldwide, deploying capital through flagship buyout and growth strategies.
General Catalyst
General Catalyst is a venture capital firm focused on identifying and supporting transformational business opportunities, providing operational expertise to help companies achieve substantial scale.
What's next for ClassPass?
Looking ahead, the strategic deployment of the $285M is expected to accelerate the company's international footprint and deepen its technological integration within the broader health and wellness sector. As the firm matures, the focus will likely shift toward enhancing its enterprise software capabilities and expanding its B2B offerings to support the evolving needs of fitness partners. With a robust foundation of institutional support, ClassPass is well-positioned to capitalize on the growing demand for hybrid wellness solutions, ensuring that it remains a critical infrastructure provider in the global fitness economy.
See full ClassPass company page
