Trainiac is now Trainiac by Gympass. The latter announced its acquisition of the one-on-one fitness platform on Wednesday. Terms of the deal were not disclosed.
The news comes after Gympass’ $220 million funding round in June valuing the company at $2.2 billion. At the time, Gympass said it had more than 750,000 training sessions booked for more than 50,000 users.
Trainiac, which had just three employees, raised a $2.2 million funding round in January.
- Gympass stated the acquisition will “add a new level of personalization.”
- It also said Trainiac will help develop “sustained, long-term wellness habits.”
Gympass considers itself the world’s largest corporate well-being platform, with 1,300 on-demand classes, 2,000 hours of meditation, weekly 1:1 therapy sessions, and hundreds of personal trainers.
Trainiac by Gympass will roll out internationally over the course of 2022, starting with U.S. customers in the early part of the year. The U.S. corporate well-being market was estimated at $20.4 billion in 2021.