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.
Company Growth (employees)
Type
Private
HQ
New York, US
Founded
2012
Size (employees)
249 (est)+8%
ClassPass was founded in 2012 and is headquartered in New York, US

Key People 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
Alex Do

Alex Do

Head of Marketing

ClassPass Office Locations

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

ClassPass Data and Metrics

Summary Metrics

ClassPass's latest funding round in June 2017 was reported to be $70 m. In total, ClassPass has raised $154 m. ClassPass's latest valuation is reported to be $400 m.

ClassPass Financial Metrics

ClassPass's revenue was reported to be $150 m in 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), %

17%

Market valuation

400 m
USDY, 2015EBY, 2016EA

Revenue

60 m150 m

Revenue growth, %

150%

Cost of goods sold

125 m

Gross profit

25 m
USDY, 2016

Revenue/Employee

770.5 k
Show all financial metrics

ClassPass Operating Metrics

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

Monthly Subscription Fee

$100$180

Monthly Transactions

600 k1 m

Reservations

35 m
Show all operating metrics
Source: github.com

ClassPass Job Categories

Show all human capital metrics

Traffic Overview of ClassPass

ClassPass Online and Social Media Presence

ClassPass News and Updates

ClassPass begins testing variable pricing as it expands beyond studio fitness

 On the heels of its $70 million Series C, an expansion to new markets, and a partnership with Blink Fitness, the popular workout subscription service ClassPass is now beginning to experiment with variable pricing. The test was revealed by new ClassPass CEO Fritz Lanman, speaking on stage at TechCru…

ClassPass plans launch in 10 new cities

 ClassPass, the subscription service that lets you work out where you want, when you want, has today announced that it’s launching in 10 new cities across North America. In September, interested folks from New Orleans, Pittsburgh, and San Antonio will be able to join the platform. Following the Sept…

ClassPass CEO Fritz Lanman will discuss making difficult decisions at Disrupt SF

 There are plenty of CEOs-turned-investors, but few investors get quite as involved in their portfolio companies as Fritz Lanman. Lucky for us, Lanman will be joining us TC Disrupt SF in September. We’ll discuss the changes going down at ClassPass over the last year, including the price hike, the el…

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…

Can the ClassPass model actually work? Well, the CEO just stepped down, so...

On arrival, ClassPass took the fitness world—and the tech world—by storm, when it debuted its subscription service for boutique fitness classes. These days its model is less certain, especially now that its founding champion just stepped down.  CEO Payal Kadakia co-founded ClassPass in 2013, wit…

Fritz Lanman takes CEO role at ClassPass as founder Payal Kadakia steps in as Chairman

 Early investor and Executive Chairman of ClassPass Fritz Lanman will be taking over as CEO of the company, with cofounder and former CEO Payal Kadakia swapping with him for the Executive Chairman role. ClassPass, for those of you who live under a rock, is a subscription service that lets users book…
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ClassPass Company Life and Culture

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