ClassPass
Unicorn exit · $1BAcquiredTechstars '12New York City, US · Founded 2011 · Delaware corporation · 949 employees on LinkedIn · 23 known investors
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ClassPass, based in New York City, runs a subscription service that gives members access to fitness classes and wellness appointments across many independent studios and gyms. The platform connects consumers with providers while helping those providers fill unused capacity.
Also known as Classivity · Classtivity
Founders & leadership
ClassPass was founded in 2011 by Payal Kadakia, Mary Biggins, and Payal Kadakia Pujji.










Investors · 23
Also in the syndicate · 3
Reported raises · per SEC filings
Form D private placements$154.5M disclosed across 5 of 12 rounds · 2014–2021
▶$5MraisedApr 2019 · 2 investors · Other TechnologyRule 506(b)
- Henry VigilDirector
- Adam ValkinDirector
- Michael FarelloDirector
- Payal KadakiaExecutive Officer, Director
- Richard LanmanExecutive Officer, Director
- Zach ApterExecutive Officer
- Tom AvestonExecutive Officer
- Jennifer BurkeExecutive Officer
- Justin ChangExecutive Officer
- Robert MylodDirector
- Donald NeufeldExecutive Officer
- Chloe RossExecutive Officer
- Offering amount
- $5M
- Amount sold
- $5M
- First sale
- Mar 2019
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$525.6KraisedJan 2019 · 7 investors · Other TechnologyRule 506(b)
- Adam ValkinDirector
- Justin ChangExecutive Officer
- Michael FarelloDirector
- Zach ApterExecutive Officer
- Henry VigilDirector
- Payal KadakiaExecutive Officer, Director
- Jennifer BurkeExecutive Officer
- Tom AvestonExecutive Officer
- Donald NeufeldExecutive Officer
- Richard LanmanExecutive Officer, Director
- Byron AdamsDirector
- Shana NeiditchExecutive Officer
- Chloe RossExecutive Officer
- Robert MylodDirector
- Offering amount
- $525.6K
- Amount sold
- $525.6K
- First sale
- Jan 2019
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$5.1MofferedAug 2018 · 6 investors · Other TechnologyRule 506(b)
- Robert MylodDirector
- Henry VigilDirector
- Donald NeufeldExecutive Officer
- Payal KadakiaExecutive Officer, Director
- Tom AvestonExecutive Officer
- Justin ChangExecutive Officer
- Byron AdamsDirector
- Michael FarelloDirector
- Richard LanmanExecutive Officer, Director
- Shana NeiditchExecutive Officer
- Adam ValkinDirector
- Jennifer BurkeExecutive Officer
- Zach ApterExecutive Officer
- Joanna LordExecutive Officer
- Tanzeen SyedDirector
- Offering amount
- $5.1M
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$83.8MraisedJul 2018 · 14 investors · Other TechnologyRule 506(b)
- Shana NeiditchExecutive Officer
- Joanna LordExecutive Officer
- Byron AdamsDirector
- Payal KadakiaExecutive Officer, Director
- Tanzeen SyedDirector
- Henry VigilDirector
- Justin ChangExecutive Officer
- Adam ValkinDirector
- Michael FarelloDirector
- Zach ApterExecutive Officer
- Donald NeufeldExecutive Officer
- Richard LanmanExecutive Officer, Director
- Tom AvestonExecutive Officer
- Robert MylodDirector
- Jennifer BurkeExecutive Officer
- Offering amount
- $85.8M
- Amount sold
- $83.8M
- First sale
- Jun 2018
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$54.1MraisedAug 2017 · 12 investors · Other TechnologyRule 506(b)
- Payal KadakiaExecutive Officer, Director
- Sam HallExecutive Officer
- Michael WolfExecutive Officer
- Adam ValkinDirector
- Robert MylodDirector
- Shana NeiditchExecutive Officer
- Zach ApterExecutive Officer
- Richard LanmanExecutive Officer, Director
- Tanzeen SyedDirector
- Byron AdamsDirector
- Tom AvestonExecutive Officer
- Henry VigilDirector
- Susan LohExecutive Officer
- Joanna LordExecutive Officer
- Offering amount
- $70M
- Amount sold
- $54.1M
- First sale
- May 2017
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$11.1MraisedOct 2014 · 17 investors · Other TechnologyRule 506(b)
- Mary BigginsExecutive Officer, Director
- Richard LanmanDirector
- Alan FedermanExecutive Officer
- Payal KadakiaExecutive Officer, Director
- Offering amount
- $12M
- Amount sold
- $11.1M
- First sale
- Sep 2014
- Incorporated
- Corporation, New York, 2011
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Valuation · disclosed
Disclosed eventsSource: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.
Company profile
researched Aug 2026ClassPass operates a subscription platform through which members book fitness classes and wellness, beauty and lifestyle appointments — including Pilates, yoga, cycling, HIIT, boxing, strength training, facials, massages, acupuncture, spa treatments and nail services — across a network of independent studios, gyms, salons and spas. Members use a credits system rather than buying memberships at individual locations, and the company's consumer app also offers audio and video workouts that can be done at home.
At the time of its January 2020 Series E, ClassPass reported partnerships with more than 30,000 boutique studios, gyms and wellness providers, operations in 28 countries and over 650 employees across five continents, having scaled from 4 to 28 countries in the preceding 18 months. It also ran a corporate wellness program with more than 1,000 employers signed. In 2024 the company extended the credits model to food and beverage partners, allowing members to spend credits at participating cafes.
The company was acquired by Mindbody Inc. in 2021, and in June 2025 Playlist was introduced as a parent brand uniting ClassPass with Mindbody and Booker.
Founding story
Payal Kadakia and Sanjiv Sanghavi founded the company as Classivity/Classtivity in 2010. An early version of the product aimed to sell an improved registration system to fitness studios but attracted little interest. In 2012 the team launched Passport, which let users try a single class at a new studio, and subsequently pivoted to a subscription model. Mary Biggins joined to help build the new company and ClassPass was developed in June 2013.
Business model
ClassPass sells consumer subscriptions that provide access to a network of third-party fitness studios, gyms, salons and spas, with bookings drawn against a credits allowance. On the supply side, the company works directly with studio partners to merchandise excess class inventory, bring them new customers and generate incremental revenue streams. It also sells a corporate wellness program to employers, which had signed more than 1,000 companies by January 2020.
Recurring consumer subscription revenue from members booking classes and appointments with credits, supplemented by a corporate wellness program sold to employers. Historically the majority of revenue came from the United States, though management said in January 2020 that the mix had been shifting toward international markets over the prior six months.
Traction
By January 2020, ClassPass reported more than 30,000 partner studios, gyms and wellness providers, 100 million cumulative hours of workouts booked, operations in 28 countries, more than 1,000 employers in its corporate program and over 650 employees. It was valued at over $200 million in 2015, $470 million in 2017 and more than $1 billion in January 2020.
Latest developments
Following the 2021 acquisition by Mindbody, ClassPass added food and beverage partners in 2024 so members could spend credits at participating cafes, and in June 2025 was brought under the newly created Playlist parent brand together with Mindbody and Booker. In May 2025 the company published partner-impact data with Athletech News.
▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies
Market position
ClassPass positions itself as a global fitness and wellness marketplace and, per its investors, pioneered the modern-day version of that category. Investors described it as the marketplace of choice for many providers, and its Series E made it a company valued at more than $1 billion. It has consolidated several regional competitors through acquisitions, including FitMob, GuavaPass, Sweden's Fitness Collection, Chile's MuvPass and Argentina's ClickyPass.
The company combines a credits-based subscription with machine-learning tools that let studios flexibly monetize excess inventory; investors stated the model generates more revenue for studios than other aggregators and that partners in newly launched European markets described ClassPass as their leading driver of new customer reservations. Its breadth spans fitness, wellness, beauty and, since 2024, food and beverage redemption.
Technology
The platform runs on proprietary reservation and booking technology and applies machine learning to generate personalized recommendations for members based on their goals and preferences, and to help partners price and monetize excess inventory and optimize utilization. The consumer product includes an app with sign-in options via Apple and Google accounts, plus a separate partner dashboard, and has offered live-streamed and on-demand workouts since 2018.
Go-to-market
Direct-to-consumer acquisition through its app and website, including a trial offer for new members limited to select gyms and fitness studios, alongside partner recruitment of studios, gyms, salons and spas onto a partner dashboard. The company also sells into employers via its corporate wellness program and has expanded geographically both organically and by acquiring regional marketplace competitors.
Consumers seeking flexible access to boutique fitness classes, gyms and wellness, beauty and spa services without committing to individual studio memberships; independent studios, gyms, salons and spas seeking to fill unused capacity and acquire customers; and employers purchasing wellness benefits for staff.
Geography
Headquartered in New York City with worldwide operations. As of January 2020 the company operated in 28 countries with employees across five continents, having expanded from 4 countries 18 months earlier; roughly a third of its partner businesses were international. Acquisitions extended its presence into Sweden, Chile and Argentina.
History
Founded as Classivity/Classtivity in 2010 by Payal Kadakia and Sanjiv Sanghavi, the business launched Passport in 2012, moved to a subscription model, and developed ClassPass in June 2013. It rebranded from Classtivity to ClassPass in January 2014, the same month Sanghavi departed, and acquired FitMob later that year. In March 2017 Kadakia and Fritz Lanman swapped roles, with Lanman becoming CEO and Kadakia Executive Chairman. The company expanded across North America in 2017, introduced live-streamed classes in 2018, and acquired GuavaPass (January 2019), Fitness Collection (October 2019) and MuvPass and ClickyPass (early 2020). After raising a $285 million Series E in January 2020, it was acquired by Mindbody Inc. in 2021, and in June 2025 became part of the Playlist parent brand alongside Mindbody and Booker.
Risks & controversies
ClassPass has been criticized for undercutting the business model of the health clubs it depends on. A 2015 New York Times article characterized it as a "middleman" between consumers and health clubs and argued a power imbalance exists between club owners and ClassPass comparable to other digital intermediaries such as Amazon and Uber. The service has been associated with lower margins at some gyms, where owners cap the number of ClassPass members to avoid cannibalization.
Compiled by commissioned research from 7 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Founder mafia
The ClassPass mafia →8 people who came through ClassPass went on to found or lead other companies.
+ 1 more
Competitors · 10
by search overlapCompanies competing with ClassPass for the same Google search keywords, organic and paid, via search-intersection analysis.
Timeline · 14
launches, deals, and filingsIn June 2025, Playlist was established as a parent brand bringing ClassPass together with Mindbody and Booker under a single identity.
ClassPass added food and beverage partners, letting members spend credits at participating cafes.
ClassPass announced the close of a $285 million Series E led by L Catterton and Apax Digital, with participation from existing investor Temasek. Bloomberg reported the round valued the company at more than $1 billion. Marc Magliacano (L Catterton) and Daniel O'Keefe (Apax Digital) joined the board.
$285M source ↗
Acquisitions made in early 2020 as part of expansion in Latin America.
ClassPass Live launched on-demand and live-streamed workouts for use at home.
ClassPass announced expansion to New Orleans, Pittsburgh, San Antonio, Cincinnati, Calgary, Honolulu, Indianapolis, Milwaukee, Riverside (California) and Salt Lake City.
Payal Kadakia and Fritz Lanman swapped roles, with Lanman taking the CEO position and Kadakia becoming Executive Chairman.
Passport allowed users to try one fitness class at a new studio; the product was later expanded into a subscription.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
Legal entities · 1
corporate structureIn the news
▸Research sources · 7
primary sources listed
- ClassPassclasspass.com · web
7 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does ClassPass do?
- ClassPass is a subscription marketplace for fitness classes and wellness appointments, acquired by Mindbody in 2021.
- Who founded ClassPass?
- ClassPass was founded by Payal Kadakia, Mary Biggins, Payal Kadakia Pujji in 2011.
- Who are ClassPass's investors?
- ClassPass's investors include Acequia Capital (AceCap), Alpaca VC, BAM Ventures, Corigin Ventures, CRV (Charles River Ventures), Eastward Capital Partners, Expansion Venture Capital, Fifth Wall and 12 more.
- How much funding has ClassPass raised?
- ClassPass has disclosed $154.5M raised across 5 of its 12 known rounds.
- Where is ClassPass headquartered?
- ClassPass is headquartered in New York City, US.












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