On August 23, 2023, Gympass, a leading corporate wellness platform, announced it has raised $85 million in a Series F funding round, bringing the company's valuation to $2.4 billion. The round was led by EQT Growth, with participation from Neuberger Berman on behalf of its client funds. Wilson Sonsini Goodrich & Rosati represented Gympass in the transaction.
Gympass will use this new funding to continue to fuel its global expansion and product innovation, investing in its platform to enhance the user experience for both employers and employees. In addition to the Series F funding led by EQT Growth, General Atlantic and Moore Strategic Ventures are also doubling down on their investments in Gympass by purchasing existing shares from earlier investors and current and former employees.
The Wilson Sonsini team representing Gympass in this transaction is led by Megan Baier, Abi Riddle, and Amy Lucas.
For more information, please see Gympass' announcement.