Temasek-backed fitness app ClassPass eyes $1b valuation in new round

Photo: ClassPass

Fitness subscription app ClassPass is seeking to raise $285 million in a new funding round, which could push the Temasek and Alphabet Inc backed start-up’s valuation to over $1 billion.

The company will issue 22.7 million ‘Series E’ shares as part of the funding round, according to a securities filing obtained by Reuters from analytics firm Lagniappe Labs.

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