The round, reportedly $300m in size, featured both SoftBank’s Vision Fund and its Latin America Fund, valuing the gym subscription service at more than $1bn.

Brazil-based fitness membership service Gympass yesterday secured a reported $300m in a funding round led by SoftBank Vision Fund, the $98.6bn investment vehicle managed by telecommunications conglomerate SoftBank. SoftBank’s $5bn Latin America Fund also participated, as did growth equity firm General Atlantic, investment group Valor and venture capital firm Atomico. Gympass did not confirm the…

The rest of this content is only accessible to Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.