Drumming workouts are catching fire, Club Insider talks PHIT, IHRSA champion Jim Worthington is slated to speak at the Motionsoft Technology Summit, and more fitness news.
Over $1.6B Flowing to Fitness Startups
Peloton, ClassPass, Tiger Global Management are the top three startups that are raking in millions in venture funds, according to Crunchbase. But they’re not the only startups attracting the big bucks. From Aaptiv, which provides fitness training content at the touch of a button, to Zwift, a company that is working to develop a multiplayer video game aimed at runners and cyclists, investors are looking for unique ideas that bring convenience and entertainment to users. The top 10 most-funded companies have raised over $1.6 million collectively.
ClassPass to Offer Wellness Retreats
ClassPass keeps making news after announcing the launch of ClassPass Getaways, Elle reported in a recent article. The new feature allows the app’s users to put credits toward booking luxury wellness retreats in exotic destinations that offer unique fitness programming, treatments, and, thankfully, healthy food. ClassPass Founder Payal Kadakia said, "We’re thrilled to give members the opportunity to take a mini-escape from their day-to-day to try new things and explore unfamiliar places. It’s our hope that attendees will leave feeling energized and empowered to continue living life to their absolute fullest." The locations of the Getaways are being kept secret, but the first available retreat will roll out August 29.