ClassPass
Date | Investors | Amount | Round |
---|---|---|---|
- |
| N/A | - |
$30.0m | Series C | ||
* | €63.7m | Series C | |
$85.0m Valuation: $610m | Series D | ||
$285m Valuation: $1.0b | Series E | ||
N/A | Acquisition | ||
Total Funding | €484m |
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Recent News about ClassPass
EditClassPass is a dynamic startup that operates in the fitness, wellness, and beauty market. The company provides a subscription-based service that allows users to book fitness classes, wellness experiences, and beauty appointments through a single app. By partnering with thousands of top-rated gyms, fitness studios, salons, and spas worldwide, ClassPass offers its clients a wide range of options to maintain their health and well-being.
The primary clients of ClassPass are individuals who are looking for flexible and varied fitness and wellness solutions. This includes busy professionals, fitness enthusiasts, and anyone interested in exploring different wellness and beauty services without being tied to a single gym or studio membership. The company also caters to businesses through its corporate wellness programs, which aim to enhance employee well-being and productivity.
ClassPass operates in the global fitness and wellness market, which has seen significant growth in recent years as more people prioritize their health and well-being. The company’s business model is based on a subscription service where users purchase credits that can be used to book classes and appointments. These credits offer flexibility, allowing users to choose from a variety of services and locations.
Revenue is generated through these subscription plans, which vary in price depending on the number of credits included. Additionally, ClassPass earns money by taking a commission from the partner gyms, studios, and salons for each booking made through the app. This dual revenue stream helps the company maintain a steady income while providing value to both users and partners.
In summary, ClassPass is a lifestyle app that revolutionizes the way people access fitness, wellness, and beauty services by offering a flexible, subscription-based model. It serves a diverse clientele, operates in a growing market, and generates revenue through user subscriptions and partner commissions.
Keywords: fitness, wellness, beauty, subscription, app, gyms, studios, salons, global, flexible.