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Gympass, Inc.

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Year established

2012

Location

Sao Paulo Brazil

Primary Industry

Healthcare IT

About

Based in Sao Paulo, Brazil, and founded in 2012, GPBR Participações LTDA., trading as Gympass, provides a fitness discovery platform for individual and corporate clients. The company was co-founded by its CEO Cesar Carvalho and Joao Barbosa. In August 2023, Gympass, Inc. raised USD 85 million in series F funding led by new investor EQT, with participation from another new investor Neuberger Berman. Returning investors General Atlantic and Moore Strategic Ventures also participated in the round. The company provides an online subscription-based platform for individuals and organizations to engage in physical activity by providing a network of workout facilities and programs such as circuit training, pilates, and CrossFit programs. The company generates revenue by selling its online platform product and services on a subscription basis with plans starting from BRL 39.90 /month (Basic) to BRL 549.90 /month (Black). The company plans to expand its operation in the US, improve its product features, and integrate more categories such as digital fitness, mental health, and nutrition.
Current Investors
Redpoint eVentures, General Atlantic, Atomico

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Primary Industry
Healthcare IT
Sub Industries
Healthcare IT, Medical Software
Verticals
HealthTech, Mobile Apps
Company Stage
Series F
Total Amount Raised
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