ClassPass Raises $285m Series E

ClassPass, the global fitness and wellness marketplace, has announced the close of a $285 million Series E investment.

The round, which was led by L Catterton and Apax Digital, with additional participation by existing investor Temasek, follows the successful expansion by ClassPass into 28 countries and the signing of more than 1,000 leading employers into its corporate wellness program.

Founded in 2013, ClassPass pioneered the modern-day fitness and wellness marketplace. Today, ClassPass has over 650 employees across five continents and partners with more than 30,000 boutique studios, gyms and wellness providers, offering members access to the largest global network of wellness-inspired experiences.

The investment will enable ClassPass to continue rapidly scaling its proprietary reservation and booking technology. Its superior model and technology have made it the marketplace of choice for providers who leverage ClassPass’ advanced machine learning capabilities to maximise their revenue and optimise utilisation.

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