Healthy Living Platform Gympass Receives Investment

Gympass, the leading enterprise wellness platform, announced that it has raised $85 million in a Series F financing round at a valuation of $2.4 billion. The round was led by EQT Growth with participation from Neuberger Berman on behalf of client funds. Gympass' financing came in a record year for the company, despite the economic downturn. It increased its customer base by 80 per cent to more than 15,000 corporate customers. It also surpassed two million employee subscribers across its network of more than 50,000 partners. Whatever the economic climate, organisations are realising that employee wellbeing not only positively impacts retention, happiness and productivity, but also reduces healthcare costs. Gympass research on the ROI of wellness programmes also found that physically active employees can reduce a company's healthcare costs by thirty-five percent after twelve months.

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Platform Pioneers Innovation in the Corporate Healthy Living Category

Gympass has been pioneering innovation in the corporate wellness category since 2012. And it offers the best global network of gyms, studios, classes, personal trainers and wellness apps all in one employee benefit. By offering a benefit proven to increase employee engagement, companies can improve employee wellbeing. It can also reduce health care costs. On average, Gympass more than doubles the number of employees interested in healthy living.