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Synopsis
EQT Growth, a private equity firm, led a $85m Series F round in Gympass, a corporate benefits company, with participacion from Neuberger Berman, a private investment management firm. “Gympass is revolutionizing corporate wellness at a time where every company is making investments to drive efficient growth and reduce spending. Organizations are shifting from reactive and traditional healthcare benefits that increase costs, to more holistic and preventative wellness benefits that reduce costs and improve employee wellbeing and productivity. Our accelerated growth and new round of funding reflects validation of our model, that Gympass is uniquely positioned in any economic environment as companies seek innovative partners to reduce healthcare costs and improve employee wellbeing,” Cesar Carvalho, Gympass Co-Founder and CEO.
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