Total amount raised
$605 Millions
Latest funding date
08/01/2023
Location
Wellhub has successfully raised funding to support its mission of providing daily wellbeing options for employees through a comprehensive wellness platform. The platform offers access to over 50,000 in-person gyms and studios, more than 2,500 virtual personal trainers, and over 70 premium wellness apps.
Keep reading to explore the intricacies of Wellhub's fundraising journey and the investors backing this innovative platform.
What Is Wellhub?
Wellhub, formerly known as Gympass, operates in the wellness and employee wellbeing industry. The platform connects employees to a variety of wellness options, including fitness, mindfulness, nutrition, and sleep.
Based in the United States, Wellhub offers a comprehensive wellness platform designed to improve employee health, reduce healthcare costs, and increase employee retention and engagement. The platform provides access to fitness centers, virtual trainers, wellness apps, and more, with flexible and cost-effective plans to suit different needs.
How Much Funding Has Wellhub Raised?
- Seed Round
- Amount Raised: -
- Date: January 2012
- Lead Investors: -
- Series A
- Amount Raised: -
- Date: May 2015
- Lead Investors: Valor Capital Group
- Series B
- Amount Raised: -
- Date: June 2016
- Lead Investors: Atomico
- Series C
- Amount Raised: -
- Date: September 2017
- Lead Investors: General Atlantic
- Series D
- Amount Raised: $300M
- Date: June 2019
- Lead Investors: SoftBank Vision Fund
- Series E
- Amount Raised: $220M
- Date: June 2021
- Lead Investors: -
- Series F
- Amount Raised: $85M
- Date: August 2023
- Lead Investors: EQT Growth, General Atlantic, Moore Strategic Ventures
In total, Wellhub has raised $605M.
Key Investors
- SoftBank Vision Fund
- Details: SoftBank Vision Fund is one of the largest technology-focused investment funds in the world, managed by SoftBank Group. It aims to accelerate the AI revolution through strategic investments in innovative companies.
- Investment Focus Areas: Technology, AI, Robotics, Telecommunications, E-commerce
- Notable Investments: Uber, WeWork, ByteDance
- General Atlantic
- Details: General Atlantic is a leading global growth equity firm providing capital and strategic support for growth companies. It partners with entrepreneurs and management teams to build market leaders.
- Investment Focus Areas: Technology, Financial Services, Healthcare, Consumer
- Notable Investments: Airbnb, Alibaba, Slack
- EQT Growth
- Details: EQT Growth is part of EQT, a purpose-driven global investment organization. It focuses on investing in companies with strong growth potential and sustainable business models.
- Investment Focus Areas: Technology, Healthcare, Industrial Technology, Services
- Notable Investments: Epidemic Sound, Wolt, Vinted
- Atomico
- Details: Atomico is a European venture capital firm that invests in innovative technology companies. Founded by Niklas Zennström, co-founder of Skype, it supports ambitious entrepreneurs.
- Investment Focus Areas: Technology, Software, Fintech, Consumer Internet
- Notable Investments: Klarna, Supercell, Pipedrive
- Valor Capital Group
- Details: Valor Capital Group is a cross-border venture capital and growth equity firm. It focuses on bridging the gap between the United States and Brazil by investing in transformative companies.
- Investment Focus Areas: Technology, Fintech, Consumer, Healthcare
- Notable Investments: StoneCo, Gympass, CargoX
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