ClassPass – Fitness Startups, With The Help Of Investors, Go For Gains

Obsessions with fitness, combined with a need for immediacy, convenience, and flexibility, has given rise to a generation of fitness-obsessed millennials. Yes, we’ve moved on from at-home jazzercise VCRs and into a world where every third person teaches a yoga class.

So it’s no surprise that "the global fitness and health club industry generates more than 80 billion U.S. dollars in revenue per year," according to market and consumer data analytics company, Statista. The U.S. accounted for 57.2 percent of members in health and fitness clubs in 2016, according to its data.

Savannah Dowling

https://news.crunchbase.com/news/fitness-startups-with-the-help-of-investors-go-for-gains/