Classpass Obtains $40,000,000 Series B Funding

Company Information

Company
Classpass

Website

http://www.classpass.com

Location
121 West 27th Street New York, NY 10001

Description
Classpass is a membership program for fitness classes across multiple gyms and studios, making working out more accessible. Since launching in early 2013, ClassPass has facilitated over 60,000 reservations at 1,000+ different classes in the New York market.

Transaction Details

  • Date – 1/15/2015
  • Transaction Type – Venture Equity
  • Transaction Amount – $40,000,000
  • Transaction Round – Series B
  • Acquire / Investor(s) – General Catalyst Partners
  • Acquire / Investor(s) – Thrive Capital
  • Acquire / Investor(s) – Undisclosed