Existing investor SoftBank was among the investors in a round which more than doubled the corporate fitness and wellness services provider's valuation.
US-headquartered corporate wellbeing services provider Gympass raised $220m from investors including telecommunications and internet group SoftBank today at a $2.2bn valuation.
Growth equity firm General Atlantic, venture capital firm Kaszek and investment firms Moore Strategic Ventures and Valor Capital Group also participated in the round.
Founded in Brazil, Gympass operates wellness programmes on behalf of corporate clients, offering access to gyms, personal trainers, meditation classes and therapists, and said it has signed up more than 1,000 new corporate customers during…
