Japan's SoftBank leads new funding round in Gympass at $2.2b valuation

Japan's SoftBank leads new funding round in Gympass at $2.2b valuation

Photograph: Bloomberg

Gympass, which makes gym memberships more accessible for corporate employees, has raised $220 million in a funding round led by existing investor SoftBank Group Corp, more than doubling the startup‘s valuation to $2.2 billion.