The GV-backed fitness and wellness subscription service secured a unicorn valuation in a round that lifted its overall funding to $540m.
ClassPass, the US-based fitness services marketplace backed by internet and technology conglomerate Alphabet, completed a $285m series E round yesterday that valued it at $1bn according to multiple press reports.
Private equity firm L Catterton co-led the round with Apax Digital, the $1bn consumer internet and technology fund formed by private equity firm Apax Partners. They were joined by Singaporean government-owned investment firm Temasek.
Founded in 2013, ClassPass runs an online platform where users can subscribe in order to access…
