OverviewSuggest Edit

MINDBODY is a provider of a cloud-based business management software and payments platform for health and fitness providers. Its business management software provides automation, online booking and payments, client relationship and marketing tools, staff scheduling, point of sale tools and business metrics. Its web and mobile solutions cater to various sectors in the wellness and beauty industries including pilates, yoga, health club, personal training, martial arts, salon and dance.

TypePrivate
Founded2001
HQSan Luis Obispo, CA, US
Websitemindbodyonline.com
Employee Ratings3.8
Overall CultureC+

Latest Updates

Employees (est.) (Jul 2021)1,601
Job Openings82
Revenue (FY, 2017)$182.6 M(+32%)
Share Price (Feb 2019)$36.5

Key People/Management at MINDBODY

Kristin Carrico

Kristin Carrico

Senior Vice President of Customer Experience at Mindbody
Anoop Singh Named

Anoop Singh Named

Vice President of Strategic Initiatives
Amy Carter

Amy Carter

CEO
Brett White

Brett White

Chief Operating Officer & Chief Financial Officer
Carisa Findley

Carisa Findley

Senior Director Operations and Training
Josh Todd

Josh Todd

Chief Marketing Officer
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MINDBODY Office Locations

MINDBODY has offices in San Luis Obispo, Atlanta, Austin, Irvine and in 10 other locations
San Luis Obispo, CA, US (HQ)
651 Tank Farm Rd
Atlanta, GA, US
171 17th St. NW, Ste. 800
Austin, TX, US
3300 N Interstate Hwy 35
Irvine, CA, US
18400 Von Karman Ave #620
Irvine, CA, US
19600 Fairchild Rd #285
Lansdale, PA, US
1690 Sumneytown Pike #140
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MINDBODY Financials and Metrics

Summary Metrics

Founding Date

2001

MINDBODY total Funding

$114.5 m

MINDBODY latest funding size

$869.76 k

Time since last funding

6 years ago

MINDBODY investors

MINDBODY's latest funding round in April 2015 was reported to be $869.8 k. In total, MINDBODY has raised $114.5 m
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MINDBODY Revenue

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View revenue for all periods
MINDBODY's revenue was reported to be $182.63 m in FY, 2017
USD

Revenue (Q3, 2018)

63.8m

Gross profit (Q3, 2018)

43.6m

Gross profit margin (Q3, 2018), %

68.3%

Net income (Q3, 2018)

(17.2m)

EBIT (Q3, 2018)

(14.5m)

Cash (30-Sept-2018)

154.1m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

48.7m70.0m101.4m139.0m182.6m

Revenue growth, %

44%45%37%

Cost of goods sold

21.9m30.0m37.2m43.1m51.9m

Gross profit

26.8m40.0m64.2m95.9m130.8m
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

24.8m26.1m32.0m33.6m35.3m42.2m44.1m46.6m53.8m61.6m63.8m

Cost of goods sold

8.8m9.6m10.0m10.7m11.0m12.0m12.7m13.1m15.4m19.4m20.2m

Gross profit

16.0m16.5m22.0m22.8m24.3m30.2m31.4m33.5m38.4m42.2m43.6m

Gross profit Margin, %

64%63%69%68%69%72%71%72%71%68%68%
Annual
USDY, 2012Y, 2013Y, 2014FY, 2015FY, 2016FY, 2017

Cash

25.9m9.5m34.7m93.4m85.9m232.0m

Accounts Receivable

9.1m10.9m

Prepaid Expenses

5.6m

Inventories

3.1m3.7m
Quarterly
Annual
USDFY, 2015FY, 2016FY, 2017

Net Income

(36.1m)(23.0m)(14.8m)

Depreciation and Amortization

6.5m7.8m9.2m

Inventories

(526.0k)(638.0k)

Accounts Payable

722.0k92.0k2.0m
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

(16.7m)(26.3m)(6.6m)(13.1m)(19.0m)(3.9m)(8.3m)(11.9m)(1.7m)(18.6m)(35.8m)

Depreciation and Amortization

2.8m4.7m1.8m3.7m5.7m2.1m4.4m6.7m2.6m8.0m13.5m

Accounts Payable

58.0k626.0k(434.0k)(73.0k)(52.0k)294.0k695.0k1.7m1.1m(2.4m)(1.1m)

Cash From Operating Activities

(9.4m)(13.9m)(2.7m)(3.7m)(4.1m)1.0m4.2m5.5m55.0k(5.1m)(7.5m)
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MINDBODY Operating Metrics

MINDBODY's Subscribers was reported to be 59 k in Q3, 2017.
FY, 2014Q1, 2015Q2, 2015Q3, 2015Q4, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017

Subscribers

40.52 k42.7 k45.67 k48.65 k51.48 k51.48 k53.6 k55.77 k58.57 k60.39 k60.39 k59.92 k59.35 k59.03 k

Payments' Volume

$4.1 b$1.17 b$1.25 b$1.28 b$1.37 b$5.1 b$1.52 b$1.6 b$1.61 b$1.74 b$6.47 b$1.86 b$1.9 b$2 b

Average Monthly Revenue per Subscriber

$155$174$185$182$185$182$201$202$204$212$205$230$244$259

Countries

130130
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MINDBODY Acquisitions / Subsidiaries

Company NameDateDeal Size
ZeeZorMarch 06, 2020
Booker SoftwareMarch 12, 2018$150 m
FitMetrixFebruary 20, 2018

MINDBODY Revenue Breakdown

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MINDBODY revenue breakdown by business segment: 59.6% from Subscription and services , 38.7% from Payments and 1.7% from Other

MINDBODY Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

MINDBODY Online and Social Media Presence

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MINDBODY Company Culture

  • Overall Culture

    C+

    68/100

  • CEO Rating

    A-

    77/100

  • Compensation

    C+

    66/100

Learn more on Comparably

MINDBODY News and Updates

Dance Studio Software Market Global Overview with Software Developments by 2027 - MINDBODY, Inc., PerfectGym, Pike13, Inc., Regpacks, Skedda

Dance Studio Software Industry covering Key Business Segments and Wide Scope Geographies to Analyzed Market Data. Report includes Different Market Forecasts related to Market Size, Revenue, CAGR, Gross Margin, Share, and other Key Factors of Dance Studio Software Market. Posted via Industry Today. F…

On-Demand Wellness Software Market Technology Growth Factors with Global Overview by 2027 - Vagaro, Inc, FitnessOnDemand, MINDBODY, Inc., MevoFit

According to the latest report added by The Insight Partners on “On-Demand Wellness Software Market” to its store is providing analysis of the current and future competition in the market with insightful review of the key industry drivers, opportunities, barriers and challenges by 2027 Posted via I…

Reservation and Booking Software Market CAGR of 12.50% is Ready to Grow Globally with Phenomenal Trend Diversity Forecast by 2027 | Key Vendors Are Rezdy, MINDBODY, Inc., Vreasy, Uplisting Booqable., BookSteam, and More

PUNE, India, Nov. 12, 2020 (GLOBE NEWSWIRE) -- Latest published market study on Global Reservation and Booking Software Market Size, Share, Industry Report with + data Tables, Pie Chart, high level qualitative chapters & Graphs is available now to provide complete assessment of the Market high…

A Quantitative SWOT analysis on On-Demand Wellness Software Market 2020 major key companies profiled like GlamSquad, Booksy, FitnessOnDemand, MevoFit, MINDBODY, Inc., PRIV, Soothe, Inc, StyleBee, Vagaro, Inc, Vensette

Premium Market Insights adds "On-Demand Wellness Software Market Forecast to 2027 - COVID-19 Impact and Global Analysis" to its store providing analysis of the current and future market competition in the market. Insightful review of the key industry drivers, opportunities, barriers and challenges. …

Global Spa Software Market 2020 Top Key Vendors - MINDBODY, Timely, Rosy, Booker, Phorest Salon Software, Vagaro - Analysis And Forecast To 2026

New Study Reports “Spa Software Market 2020 Global Market Opportunities, Challenges, Strategies and Forecasts 2026” has been Added on WiseGuyReports. Posted via Industry Today. Follow us on Twitter @IndustryToday

Spa Software 2020 Global Market Key Players – MINDBODY, Rosy, Vagaro, Booker - Analysis and Forecast to 2026

Wiseguyreports.Com Publish New Market Research Report On-“Spa Software Market 2020 Global Analysis, Size, Share, Trends, Opportunities and Growth, Forecast 2026” Posted via Industry Today. Follow us on Twitter @IndustryToday
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MINDBODY Blogs

Black-owned Fitness Studios to Support Now...and All the Time

Black-owned Fitness Studios to Support Now...and All the Time denise.prichard Thursday Jan 28, 2021 Fitness February is Black History Month—a month to celebrate the achievemen…

New Year, New Business: Here are the Best Months to Offer Discounts in 2019

The turn of the calendar year is a great opportunity to launch new offers and drum up interest among current and potential customers. But knowing when to launch new offers can be difficult, especially during the winter months. Vote 2

2019 Fitness Trends and What They Mean for Your Fitness Business

With the start of each New Year, there is a renewed focus on fitness. Suddenly, it seems as if getting to the gym or making it to class is at the top of everyone’s list. In this spirit, MINDBODY is releasing a series of research reports as part of our 2019 MINDBODY Wellness Index characterizing the…

What City is Home to the Strongest Wellness Market in America? The MINDBODY Wellness Index Ranks the Top 50

At the start of 2019, Americans face a health paradox. Wellness services are more available than ever before, yet many Americans struggle with obesity, addiction, mental illness, and other health issues. In an attempt to better understand where the opportunities to improve health exist, we created …

5 Wellness Trends to Take Note Of in 2019

Ahead of the new year, business owners should look at implementing new offerings within their studios that are both on trend and appeal to ever-changing consumer demands. Vote 1

Ripple Effect: A Docuseries by MINDBODY

As the year winds down, it’s a time to reflect on the impact of the past year, and we’re recognizing the efforts of two businesses who are making the world healthier. Vote 0
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MINDBODY Frequently Asked Questions

  • When was MINDBODY founded?

    MINDBODY was founded in 2001.

  • Who are MINDBODY key executives?

    MINDBODY's key executives are Kristin Carrico, Anoop Singh Named and Amy Carter.

  • How many employees does MINDBODY have?

    MINDBODY has 1,601 employees.

  • What is MINDBODY revenue?

    Latest MINDBODY annual revenue is $182.6 m.

  • What is MINDBODY revenue per employee?

    Latest MINDBODY revenue per employee is $114.1 k.

  • Who are MINDBODY competitors?

    Competitors of MINDBODY include naviHealth, IDdriven and Vection.

  • Where is MINDBODY headquarters?

    MINDBODY headquarters is located at 651 Tank Farm Rd, San Luis Obispo.

  • Where are MINDBODY offices?

    MINDBODY has offices in San Luis Obispo, Atlanta, Austin, Irvine and in 10 other locations.

  • How many offices does MINDBODY have?

    MINDBODY has 16 offices.