ClassPass raises $30M

What does ClassPass do?

ClassPass, is a fitness class subscription service. It is a membership program for fitness classes across multiple studios and gyms, making working out more accessible. The subscription service has facilitated more than 1,500,000 reservations at different classes in more than 20 markets around the country including Los Angeles, New York, Chicago, San Francisco and Boston. You can get access to the largest network of fitness studios with ClassPass. You can take thousands of classes with one pass. Your monthly membership will help you create workout routines which will work for you, whether it is cycling, circuit training, barre etc.

How much ClassPass was funded?

ClassPass raised $30M in Series C funding on November 10^th, 2015 from Google Ventures.

Previous Funding

• An undisclosed amount on March, 2012 from Techstars
• $2M on March 31, 2014 from Gordon Crawford, Fritz Lanman, Kal Vepuri, SV Angel, Hank Vigil, Owen Van Natta,  Keith Nowak, Blake Krikorian, Scott Banister, Vivi Nevo, Grace Stanat, Charlie Songhurst, BoxGroup, Miroma Ventures and Romulus Capital

What is next for ClassPass?

The company has raised a total funding of $84 million to date. ClassPass is continuing to rapidly grow and has fundamentally changed the way people consume fitness activities. The company is very focused on improving and enhancing its experience providing its users a more personalized, huge membership and its studio partners resources and tools for better optimizing and growing their business.

More about ClassPass

ClassPass was founded on June 1, 2013 by Payal Kadakia and Mary Biggins. It has its headquarters in New York, NY. The company works by helping users pay a subscription fee for unlimited access to all kinds of fitness classes in their locality, from dance to yoga. One limitation it has is that user’s can only visit a certain type of class 3 times in one month which ensures that the company’s gym partners are always getting new leads.