Mindbody - About the company
Mindbody is an acquired company based in San Luis Obispo (United States), founded in 2001 by Rick Stollmeyer, Robert Murphy and . It operates as a Provider of SaaS-driven business management software for beauty salons and fitness centers. Mindbody has raised $118M in funding from investors like Catalyst Investors, Bessemer Venture Partners and IVP. The company has 739 active competitors, including 54 funded and 27 that have exited. Its top competitors include companies like Glofox, Care Line Live and WellnessLiving.
Company Details
Provider of SaaS-driven business management software for beauty salons and fitness centers. It enables businesses to manage classes, appointment schedules, staff members, client information, online bookings, inventory, payroll, retail sales & more. It also provides a platform for users to book workouts at home via the virtual assistant.
- Website
- Social
- Email ID
- @mindbodyonline.com
- Phone Number
- +1
Key Metrics
Founded Year
2001
Location
San Luis Obispo, United States
Stage
Acquired
Total Funding
in 10 rounds
Latest Funding Round
Investors
Ranked
1st among
Annual Revenue
as on Dec 31, 2017
Employee Count
as on Dec 31, 2023
Investment & Acquisitions
Similar Companies
Glofox &
Exit Details
Acquired by Vista Equity Partners (Dec 24, 2018)
Legal entities associated with Mindbody
Mindbody is associated with 1 legal entity given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
|---|---|---|---|---|
Oct 23, 2014 | $183M (as on Dec 31, 2017) | 934 | 843 |
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Mindbody's acquisition details
Mindbody got acquired by Vista Equity Partners on Dec 24, 2018 at an acquisition amount of $1.9B. It was facilitated by Qatalyst Partners, Cooley, Kirkland & Ellis and .
Click to take a look at Mindbody's acquisition in detail
Mindbody's funding and investors
Mindbody has raised a total funding of $118M over 10 rounds. Its first funding round was on 2005.
Mindbody has 15 institutional investors including Catalyst Investors, Bessemer Venture Partners and IVP.
Here is the list of recent funding rounds of Mindbody:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Mar 18, 2019 | $5M | Series D | 5764737 | 6015921 | - |
Apr 17, 2015 | $870K | Series D | 7739691 | 4358086 | - |
Feb 17, 2015 | $1.5M | Series D | 5161884 | 8748246 | - |
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Mindbody's founders and board of directors
The founders of Mindbody are Rick Stollmeyer, Robert Murphy and . Rick Stollmeyer is the CEO of Mindbody. Rick Stollmeyer has founded 2 more companies - ZeeZor and MINDBODY. has founded 1 more company - Bowtie Labs.
View details of Mindbody's Founder profiles and Board Members
Mindbody's employee count trend
Mindbody has 1,046 employees as of Dec 23. The total employee count is < 0.1% lower than what it was in Dec 22. Here is Mindbody's employee count trend over the years:
Uncover Mindbody's growth story! Sign up today!Mindbody's Competitors and alternates
Top competitors of Mindbody include Glofox, Care Line Live and WellnessLiving. Here is the list of Top 10 competitors of Mindbody, ranked by ÃØÃÜÑо¿Ëù score :
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
|---|---|---|---|---|---|
1st | _1589535231965.jpg?height=40&width=40){kind=logo} 2001, San Luis Obispo (United States), Acquired | Provider of SaaS-driven business management software for beauty salons and fitness centers | $118M | IVP, W Capital PartnersÌý&²¹³¾±è;Ìý | 71/100 |
2nd | Provider of gym and studio management software and custom mobile apps | $23M | SVB, Octopus VenturesÌý&²¹³¾±è;Ìý | 68/100 | |
3rd | Care Line Live 2014, Horsham (United Kingdom), Series B | Provider of cloud-based platform for home care businesses | $5.76M | Innovate UK, Avonmore DevelopmentsÌý&²¹³¾±è;Ìý | 63/100 |
4th |  WellnessLiving 2012, Toronto (Canada), Late Stage | Provider of cloud-based local business management software | $46M | 61/100 | |
5th | Zen Planner 2006, Highlands (United States), Acquired | Business Management Suite for fitness centers | $11.1M | 58/100 | |
6th | Virtuagym 2008, Amsterdam (Netherlands), Series B | Online workout planner and nutrition management tool | $13.4M | , Saffelberg InvestmentsÌý&²¹³¾±è;Ìý | 57/100 |
7th | Pike13 2011, Seattle (United States), Acquired | Online business management software | $10M | Floodgate, Wavemaker PartnersÌý&²¹³¾±è;Ìý | 57/100 |
8th |  Upper Hand 2015, Indianapolis (United States), Series A | Provider of cloud-based gym management software | $10.9M | Elevate Ventures, Ìý&²¹³¾±è;Ìý | 57/100 |
9th | Cloud based client management platform for personal trainers | $3.4M | Accel, Sequoia CapitalÌý&²¹³¾±è;Ìý | 57/100 | |
10th | Provider of business management software for fitness proffessionals | $6.27M | Octopus Ventures, JME Venture CapitalÌý&²¹³¾±è;Ìý | 57/100 |
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Mindbody's Investments and acquisitions
Mindbody has not made any investments yet. Mindbody has made 7 acquisitions. Here is the list of latest three acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Oct 13, 2021 | Acquisition | 2013 | New York City, United States | |
Mar 05, 2020 | Acquisition | - | ||
May 08, 2019 | Acquisition | - |
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Reports related to Mindbody
Here is the latest report on Mindbody's sector:
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News related to Mindbody
Media has covered Mindbody for 1 event in last 1 year, It was about partnerships.
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