Gympass has raised $300 million for a wellness app to connect employees to gyms and memberships. Gympass claims that 2,000 employers already offer its benefit/app, providing access to a network of nearly 47,000 gyms in Latin America, North America, and Europe.
With the investment, Gympass plans to expand its offering to employers, including:
- Universal access for all employees across client corporations to engage in a physical activity program that drives employee engagement, improves individual performance, and enables business success;
- Major enhancements in product and technology for a more personalized user experience, making it easy and motivational for employees to become active;
- Accelerated growth of the fitness industry, resulting in new active users for fitness partners globally.