Gympass Raises $85 Million In Series F Funding At $2.4 Billion Valuation, Strengthens Position As The Leading Global Corporate Wellness Platform

Aug 23, 2023•over 2 years ago

Amount Raised

$85 Million

Round Type

series f

Brazil

Investors

Neuberger BermanEqt Growth

Description

Gympass, the leading corporate wellness platform, today announced it has raised $85M in a Series F funding round at a valuation of $2.4 billion. The round was led by EQT Growth, with participation from Neuberger Berman on behalf of its client funds.

Company Information

Company

Gympass

Location

Brazil

About

Gympass is like ClassPass, but on steroids. GymPass is the brainchild of Cesar Carvalho, a former McKinsey & Company consultant in Brazil who was always on the road and yearned for a corporate wellness product that would comply with his hectic work schedule. ,” he said, later telling TechCrunch that Gympass is now in Brazil, Mexico, Chile, Argentina, the U.S., Germany, Spain, Italy, Ireland, and the U.K. Originally, Gympass was a BTC concept, and one of its first clients was an executive at PricewaterhouseCoopers in Brazil.

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