ClassPass offers an online subscription service that provides access to fitness classes, including cycling, pilates, yoga, strength training, dance, martial arts and more, across multiple gyms and studios, making working out more accessible. The program members enjoy greater variety and engagement in their fitness regime, all at a lower price than if they were to book classes individually on their own.
Type
Private
HQ
New York, US
Founded
2012
Size (employees)
292 (est)+2%
ClassPass was founded in 2012 and is headquartered in New York, US
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Key People/Management at ClassPass

Fritz Lanman

Fritz Lanman

CEO
Mary Biggins

Mary Biggins

Co-Founder
Payal Kadakia

Payal Kadakia

Chairman
Justin Chang

Justin Chang

Head of Product & Engineering
Susan Loh

Susan Loh

Head of People
Michael Wolf

Michael Wolf

Head of Operations
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ClassPass Office Locations

ClassPass has offices in Missoula, San Francisco, Sydney and New York
New York, US (HQ)
275 7th Ave
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ClassPass Financials and Metrics

Summary Metrics

ClassPass's latest funding round in June 2017 was reported to be $70 m. In total, ClassPass has raised $173 m. ClassPass's latest valuation is reported to be $470 m.

ClassPass Financials

ClassPass's revenue was reported to be $150 m in Y, 2016 which is a 150% increase from the previous period.
USD

Revenue (Y, 2016)

150 m

Revenue growth (Y, 2015 - Y, 2016), %

150%

Gross profit (Y, 2016)

25 m

Gross profit margin (Y, 2016), %

16.7%

Market valuation

470 m
USDY, 2015EY, 2016E

Revenue

60 m150 m

Revenue growth, %

150%

Cost of goods sold

125 m

Gross profit

25 m
USDY, 2016

Revenue/Employee

770.5 k
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ClassPass Operating Metrics

Y, 2014Feb, 2015Sep, 2016Jun, 2017Y, 2017Mar, 2018

Active Cities

50

Monthly Subscription Fee

$100 $180

Monthly Transactions

600 k1 m

Reservations

35 m45 m
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ClassPass News and Updates

ClassPass is tweaking its subscription system and some subscribers aren't happy

ClassPass introduced a new credit-based system to its subscribers, and some ClassPass users are taking to Twitter to say they aren't happy with it. With the new system, some vocal subscribers said they feel that they aren't getting as much value for their money as before. Others say they're still …

ClassPass fetches $70 mln Series C

New York City-based ClassPass, which provides people membership to a large network of fitness classes, has raised $70 million in Series C funding. The investors were Temasek, Acequia Capital, CRV, General Catalyst, GV, M13 and Thrive.

ClassPass secures $70 million Series C led by Temasek

 ClassPass, the subscription service that for fitness classes and gyms, has today announced the close of a $70 million Series C funding round led by Temasek. Existing investors such as Acequia Capital, CRV, General Catalyst, GV, M13 and Thrive also participated in the round. According to the press r…
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