Gympass Raises $85M in Series F Funding at $2.4 Billion Valuation
Summary
Gympass, a New York-based corporate wellness platform, raised $85M in Series F funding, at $2.4 Billion valuation. The round was led by EQT Growth, with participation from Neuberger Berman on behalf of its client funds, General Atlantic and Moore Strategic Ventures. The company intends to use the funds to continue to accelerate its global expansion and product innovation, investing in its platform to enhance the user experience for both employers and employees. • Announcing new partnerships with wellness organizations, including 24 Hour Fitness, Barry’s Bootcamp, CorePower Yoga, Headspace, Lifetime, MyFitnessPal, Orangetheory Fitness, Sleep Cycle and Thrive Global. • Releasing its first Return on Wellbeing Study, a survey of more than 2,000 human resource leaders that found 78% of wellness programs save companies money on healthcare expenses.