Wellhub (formerly Gympass)
Wellhub (formerly Gympass) sells a single corporate wellness subscription that gives employees access to gyms, fitness studios, apps, therapy, nutrition and sleep tools, paid for by employers.
Wellhub is a corporate wellness platform. Employers offer staff one subscription covering gyms and studios, personal trainers, and wellbeing apps for mindfulness, therapy, nutrition and sleep. Revenue comes from employer-subsidized employee subscription fees. The company was founded in São Paulo in 2012 and moved its HQ to New York in 2018. It raised a $220M Series E led by SoftBank at about a $2.2B valuation in 2021, then an $85M Series F at a $2.4B valuation in 2023. Third-party estimates put 2025 revenue near $319M. It reports serving more than 15,000 companies across 11 countries.
