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, US
Websitemindbodyonline.com
Employee Ratings3.6
Overall CultureC+

Latest Updates

Employees (est.) (Nov 2020)1,564(-1%)
Job Openings43
Revenue (FY, 2017)$182.6 M(+32%)
Share Price (Feb 2019)$36.5
Cybersecurity ratingBMore

Key People/Management at MINDBODY

Mike Mansbach

Mike Mansbach

President
Brett White

Brett White

Chief Operating Officer & Chief Financial Officer
Mark Baker

Mark Baker

Chief Revenue Officer
Josh McCarter

Josh McCarter

Chief Strategy Officer
Josh Todd

Josh Todd

Chief Marketing Officer
Rick Stollmeyer

Rick Stollmeyer

Executive Chairman
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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, US (HQ)
651 Tank Farm Rd
Atlanta, US
171 17th St. NW, Ste. 800
Austin, US
3300 N Interstate Hwy 35
Irvine, US
18400 Von Karman Ave #620
Irvine, US
19600 Fairchild Rd #285
Lansdale, US
1690 Sumneytown Pike #140
Show all (18)

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 k42.70 k45.67 k48.65 k51.48 k51.48 k53.60 k55.77 k58.57 k60.39 k60.39 k59.92 k59.35 k59.03 k

Payments' Volume

$4.10 b$1.17 b$1.25 b$1.28 b$1.37 b$5.10 b$1.52 b$1.60 b$1.61 b$1.74 b$6.47 b$1.86 b$1.90 b$2 b

Average Monthly Revenue per Subscriber

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

Countries

130 130
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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 Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

SecurityScorecard logo

MINDBODY Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

MINDBODY Online and Social Media Presence

Embed Graph

MINDBODY Company Culture

  • Overall Culture

    C+

    68/100

  • CEO Rating

    A

    77/100

  • Compensation

    C+

    68/100

Learn more on Comparably

MINDBODY News and Updates

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

Global Online Booking Tools 2020 Market Key Players - MINDBODY, Acuity Scheduling, Versum, Flash Appointments-Analysis And Forecast To 2026

New Study Reports “Online Booking Tools – Covid-19 impact on Global Market Growth, Opportunities, Analysis of Top Key Players and Forecast to 2026” To Its Research Database. Posted via Industry Today. Follow us on Twitter @IndustryToday

Focus on Spa Management Software Market Changing the Way of Business in Upcoming Year with Profiling Key Mindbody, Booker, Agilysys, Zenoti

The Spa Management Software market was valued at xx Million US$ in 2020 and is projected to reach xx Million US$ by 2026, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2020 to 2026 as the forecast period to estimate the market size for Spa …
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MINDBODY Blogs

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

I.C.Y.M.I: The Latest in Wellness Trends

If you attended this year’s BOLD Conference, it’s likely you walked away with inspiration and enthusiasm to finish 2018 strong. And why wouldn’t you? If you attended our State of the Industry presentation, you know the wellness industry is booming. But just in case you missed the conference, or sim…
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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 Mike Mansbach, Brett White and Mark Baker.

  • How many employees does MINDBODY have?

    MINDBODY has 1,564 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 $116.8 k.

  • Who are MINDBODY competitors?

    Competitors of MINDBODY include Wellsource, Moodwork and Netpulse.

  • 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 18 offices.