Fitness Class Matching Subscription Service
Ever like a spin class instructor or particular yoga, crossfit or MMA instructor's class, but you don't want to buy into a bigger package or location membership? ClassPass is a 2014 start up fitness class subscription service in select cities that for $99 per month affords members the opportunity to take different classes at a different location in varied disciplines the entire month long.
Founder Payal Kadakia came up with the idea and started small after a bad experience trying to find certain classes for herself. She partnered with experienced marketer Mary Biggins who with a two million dollar launch they went from 50,000 class reservations to over one million this year.
As a result of their rapid success in September ClassPass recieved an additional $12 million in capital infusion to expand to keep up with growth.
Credit to Fortune Magazine for breaking this story the source of this one:
How one Fitness entrepreneur raised $14 million.
Founder Payal Kadakia: Source Fortune Magazine
