trending Market Intelligence /marketintelligence/en/news-insights/trending/slNUwbk3vL0vIIFkXmbY6Q2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Fitness platform ClassPass raises $285M in PE-led funding round

5 Quant Research Traps to Avoid

IFRS 9: Time is Running Out for Insurance Companies to Comply

Wind Power by the Numbers: U.S., Canada and Mexico

Measuring The Wireline Digital Divide In The US

Fitness platform ClassPass raises $285M in PE-led funding round

Fitness and wellness marketplace platform ClassPass Inc. secured $285 million in a series E funding round led by private equity firm L Catterton Partners and The Apax Digital Fund.

Existing investor Temasek Holdings (Pte.) Ltd. also joined the fundraiser, which pushed ClassPass to unicorn status after hitting a post-money valuation of $1 billion, according to S&P Global Market Intelligence data.

ClassPass will use the funding to further expand its global footprint and scale its corporate program.

Marc Magliacano, managing partner at L Catterton's flagship fund, and Apax Digital Managing Partner Daniel O'Keefe will join ClassPass' board following the investment.

Apax Digital is a growth equity fund managed by Apax Partners LLP.