About Mindbody
Mindbody offers software solutions for the wellness industry, helping businesses like fitness studios and wellness practitioners manage operations efficiently. Their products include tools for scheduling, client management, and payment processing, along with features like FlexKit for operational enhancements and REACH ai for task automation. Unlike many competitors, Mindbody operates on a subscription-based model and has a partnership with ClassPass, which expands its reach to a global audience. The company's goal is to empower wellness businesses to thrive by providing comprehensive technology solutions that enhance client attraction and retention.
San Luis Obispo, CaliforniaHeadquarters
2001Year Founded
$597.7MTotal Funding
IPOCompany Stage
Consumer Software, Consumer GoodsIndustries
1,001-5,000Employees
Benefits
Performance Bonus
Risks
Emerging wellness tech platforms pose a threat to Mindbody's market share.
Data privacy regulations may impact Mindbody's AI tool integration.
Economic downturns could affect Mindbody's subscription-based revenue model.
Differentiation
Mindbody offers a comprehensive suite of tools for wellness business management.
The company integrates AI to automate tasks, enhancing operational efficiency.
Mindbody's partnership with ClassPass expands its global reach and audience.
Upsides
Growing demand for virtual fitness classes boosts Mindbody's platform potential.
AI-driven personalization can enhance user engagement and retention for Mindbody.
Corporate wellness program expansion offers new market opportunities for Mindbody.
Funding
Total raised$597.71 M
Latest valuation$448.00 M
StageIPO
PRIVATE PLACEMENT VC
9/30/2021$500
POST IPO EQUITY
6/30/2017$134
IPO
5/31/2015$101
$448.00 MSEED
3/31/2015$1
$4.35 MSERIES D
1/31/2014$50
$450.00 MSERIES C
10/31/2012$35
$175.00 MEARLY VC
8/31/2011$9
$45.00 MSERIES B
8/31/2010$14
$70.00 MSERIES A
3/31/2009$6
$28.00 M