The GV-backed fitness and wellness subscription service secured a unicorn valuation in a round that lifted its overall funding to $540m.

ClassPass, the US-based fitness services marketplace backed by internet and technology conglomerate Alphabet, completed a $285m series E round yesterday that valued it at $1bn according to multiple press reports. Private equity firm L Catterton co-led the round with Apax Digital, the $1bn consumer internet and technology fund formed by private equity firm Apax Partners.…

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