Gympass raises $300M from SoftBank

LatAm List – Gympass is a Brazilian B2B platform that grants users access to thousands of different gyms under just one membership. The platform has raised $300M in a round led by SoftBank and includes investors like General Atlantic, Atomico, and Valor Capital Group.

Cesar Carvalho, co-founder and CEO of Gympass, announced the platform’s recent partnership with Softbank Vision Fund and SoftBank Latin America Fund:

“We believe this partnership will enable us to bring our solution to more organizations around the world, revolutionizing the way that employees engage in physical activity,” said Carvalho in a recent press release. 

Gympass is the world’s largest corporate fitness platform; it has partnered with close to 47,000 gyms and studios and spans across 14 countries. 

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