Gympass Valuation

gympass-review

Health and wellness are two very important things that nobody should neglect. With the way the world works, not everyone has the time or energy to exercise regularly and meditate. Often, people are too busy working that what they have time for exercise is used for resting.

While it is not a company’s business regarding what their employees do in their free time, it would be in their interest to guide them toward a healthier and more active direction. After all, it is well known that regular exercise promotes health, and with healthy employees mean better results for the company.

However, it would be wrong if the company mandates employees and forces them to an exercise regimen. Unless it is the army or some kind of job that requires its employees to be physically fit, such a requirement is not really necessary.

What is the best way to do this? It is a good idea to help them find what they want. It is best to provide them with a good and accessible way to pursue exercise or go to the gym.

This is where Gympass steps in.

gympass-logo

Here is a video from Adriano’s YouTube channel for those who like to see things. To get a comprehensive overview of Gympass, you may still want to check out our article below.

What is Gympass? Gympass Valuation

Gympass, a platform and app for health and fitness that encourages users to live an active lifestyle, is Gympass. Gympass allows users to access different tools that can help them live a healthy life.

It was the brainchild three entrepreneurs. Cesar Carvalho. Joao Barbosa, and Vinicius Ferriani. Currently, these three serve as the higher-ups of the Gympass echelon.

Carvalho is currently the Global Chief Executive Officer and is currently based in New York City. Joao Barbosa takes over the task as the Global Head of Partnerships or Gyms and is currently living in Milan, Lombardia, Italy. Lastly, Ferriani serves as a board member and adviser.

More often than not, it is the lack of easy access to something that discourages people from doing that certain thing.

Take the early days of Netflix, for example. There was a drop in piracy rates when Netflix and online streaming were still in their infancy. This was because people finally found a single platform that carried everything they wanted to watch.

When other streaming platforms were introduced in the market and made certain films or shows exclusive to their platforms, people once again found it difficult to access certain shows.

Many people returned to piracy because of the competition and high levels of saturation on these websites.

Despite the oversaturation of streaming platforms, piracy returned to a record high.

So how does this connect with Gympass? Well, think of it as an allegory.

Imagine if Gympass is the streaming platform while the different gyms and other health-related services are the different shows and channels. It would make sense for people who have easy access to the gym to go to the gym.

Gympass, as a platform, provides access to thousands of gyms and fitness studios worldwide. These even include personal trainers and nutritionists all in one service. With its range of features and resources, users have little excuse for why they should fail in their fitness goals.

Gympass also offers workout plans, tracking tools and support from a large Gympass community.

exercising-with-instructor

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Gympass, not Classpass

One of Gympass’s main competitions is Classpass. It is easy to see why, as both of them have similar-sounding names. One of the biggest differences between them is how they are presented and which markets they target.

To put it bluntly, Gympass is a service that sells its services to businesses and companies to be offered as a benefit to their employees. A Gympass Subscription is not available to individuals. Meanwhile, Classpass is only for individuals.

Gympass is a corporate platform that helps companies to ensure their employees’ health and well-being. It can be used by the whole team to meet their health and lifestyle requirements.

When an employer gives Gympass benefits to its employees, it gives the best well-being brand to their fingertips. Gympass strives to make well-being accessible and universal for all people.

As such, this makes Gympass a force that could change the fitness world. This unique system could revolutionize attitudes regarding health and well-being. It will not only positively impact the physical and mental health of the workforce but also have the potential to improve their mental health.

The Gympass Reach

As a sign of Gympass’s reach and legitimacy, plenty of major companies use their services and provide their employees with health and wellness benefits.

Gympass serves a number of major companies, including Tesco (a British supermarket and grocery chain), Activision Blizzard (“an AAA game development company”) and Unilever (yes Unilever).

Gympass also has partnered with multiple well-known boutiques and national gyms. Here are some highlights:

  • LA Fitness
  • Snap Fitness
  • NYSC
  • UFC Gym
  • Chicago Athletic Club
  • Genesis Health Club
  • Life Time Gym
  • Y7 Studios
  • Pilates Reforming
  • Moxi3
  • There are many more.

Gympass has also begun expanding to multiple nations across the world. This includes steady expansion in Western Europe and Latin America.

It can be accessed in the United States from New York, Los Angeles and San Francisco as well as Chicago, Atlanta, Miami (Miami), Nashville, Houston, Minneapolis, St. Louis and Kansas.

Its global network currently has about 30,000 to 40,000 workout facilities.

dancing-together

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Gympass for Employees

As mentioned above, Gympass is a service that fancies itself as a unique discovery platform for people to find active lifestyle activities. They encourage people to get fit wherever and whenever they want.

As such, Gympass users have access to a global pass that provides hassle-free access to any partner fitness facilities, provided it is within their membership tier, in any Gympass City. You will find an active Gympass facility near you thanks to the thousands of partner facilities.

So what does Gympass offer? It gives unlimited access to all classes, sessions, and activities for members every day without any restrictions. Should anyone want to cancel, they would be free to do so without even paying cancellation fees.

Gympass provides access to a healthy lifestyle that is as flexible as possible and as hassle-free as it can be.

Gympass for Employers

Gympass can be an awesome and novel benefit provider. Employers who give their employees Gympass subscriptions can give their employees a chance for a healthier lifestyle. It would be a benefit that they could use and not just some kind of pizza party.

Through the Gympass network, Employees will benefit from many gyms and other active lifestyle facilities such as running, climbing, meditation, yoga, fitness classes, etc. And as such, Employers are sure that their employees are healthy both in mind and body.

Gympass allows corporations’ Human Resource departments to look at analytics and provide counsel that could help increase activity in their partner companies. These companies also do not need to worry about Gympass since they are very transparent.

Gympass provides analytics and insight into employee activities. HR can use this information to make informed choices that benefit both the employees and the parent company.

Overall, Gympass can provide companies with

  • A chance to improve their employee’s health
  • Healthcare costs are reduced
  • Verified ROI of a company’s Quality of Life Program
  • A good offer to attract talented employees with

old-woman-balancing

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Gympass has many benefits

Throughout the years, gym pass has built itself a reputation and a following. It is not just a health and fitness platform anymore.

Gympass has become a community. It is a community of like-minded individuals who are committed to living a healthier lifestyle. It is not fun to exercise alone. With friends from Gympass, you can get motivation and support from these people to reach your fitness goals.

Aside from that, Gympass also provides these benefits:

  • You have access to thousands of fitness locations

Multiple partnerships between Gympass and thousands to thousands of gyms, and other fitness venues ensure that you have a place to exercise no matter where your location.

These partnerships have been extended to over 50,000 gyms. Gold’s Gym, Barry’s, LA Fitness, UFC Gym, and Soulcycle are just to name a few of these partners.

You can be anywhere you want, but as long as you’re part of Gympass cities, you will never run out of places where you can move, get it done, and burn the cholesterol.

  • Affordable Plans for Every Budget

Gympass provides affordable pricing to its customers, regardless of whether they work in a Gympass-partner workplace. Individuals cannot access the program on their own, despite the low price.

A subscription to Gympass can start at the lowest possible price of $9.99/month, depending on the plan. Getting an annual plan also can net you more savings.

Bear in mind that since companies are the ones choosing to avail of Gympass, they might pay a different rate from other companies. As such, the price of the subscription plans will also fluctuate from company to company.

Payment methods will also differ from company to company depending on the agreement between Gympass and your company.

  • Convenient Workout Scheduling

With access to multiple gym outlets anywhere around the United States and select countries, users can basically schedule a flexible time whenever they want to go work out.

Gympass provides an online scheduling tool to ensure you do not skip an exercise session. This tool even allows you to find and book workouts whenever convenient for you.

Gympass just basically annihilates the time wasted in figuring out when and where to work out.

  • Motivational Challenges and Rewarding

Gympass is more than just a gym. It is also a chance to challenge yourself and reach your goals. Gympass is a game-based approach to exercising that motivates users.

Of course, as another way to motivate users to finish their goals, Gympass rewards users who consistently reach their workout goals.

  • 1:1 Virtual Personal Training and Online Classes

Gympass offers a virtual personal trainer for those who can’t make it to a gym or studio because they are too busy or cannot plan. Employees and users can continue their workouts at home.

  • Mental Health Support

To ensure a healthy lifestyle, we must also look at our physical health. Looking at mental health is also crucial for a person’s well-being.

Gympass is committed to ensuring a more active and healthy workforce. It also offers mental health support to help users stay mentally healthy. This service offers professional online therapy.

  • Exercise with your Family

Working out is best when you are doing it with your loved ones. As such, Gympass offers the option to add your loved ones to the Gympass program. You can add up three dependents to your Gympass Account if you wish.

These dependents will need to have their own payment options. Also, this feature is limited by the parent company’s option.

balancing-outdoors

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How to Use Gympass

Signing Up

First of all, Gympass is not available to individual buyers. Gympass can only be purchased by companies. These companies and workplaces will offer Gympass to their employees as part of their benefits. Gympass is only available to employees of these companies.

A potential customer will receive an email if he is eligible to sign up for a Gympass subscription. The email will be sent within 30 days after the company partners with Gympass. The email will be sent to the employee if the company has already been partnered with Gympass.

The user will then download the Gympass App and click the Sign-up button to sign up. From there, he or she will select the name of the company that offered Gympass to you.

Your employed ID and work email will be used during the sign-up process. Your name might be one of the other required fields. After the sign-up process, you will be given a 4-digit code through email. Gympass Valuation

The same email address that you used to register for Gympass is yours. To complete your registration, enter your four-digit code. Click “Finish Registration”

P.S. Contact customer service if you fail to receive the four-digit verification code. They will send an email update and proceed with the registration process.

Plans for activating the Gympass

You must first understand the activities available with each plan. It will vary depending on the plan you choose. Remember that the value of the available plans differs from company to company. This will depend on how much your company pays Gympass.

After you have completed your registration, the app will display the available plans. The prices indicate how much each plan costs. Your company’s contract will determine the payment method.

Gympass could be paid by either deducting the amount from your payroll or charging it to your credit card.

Your payment in the first month of Gympass will be bigger if you choose the payroll payment option.

Between the date you began using the app and the billing date for your company, you will be responsible for paying the entire amount and the proportional values.

Are you looking for a gym?

Now that you have registered for a Gympass account and have activated your plan, it is time to use it. Of course, the first step would be to find a gym to work out in.

It is easy to find a gym.

On your Gympass App, click on Search and then browse the map. To make the app work properly and accurately, you must have your GPS activated and turned on.

You can also look for a gym by searching for an address, activity, or by its name. Even when searching for a gym, you will need a Gympass account to see which one is connected to their network. Gympass Valuation

The map will pull up and show you the nearest partner gyms to your GPS location. Click on the purple dots to learn more about the gym.

You can then click on the partner gym’s name to see which plan and activities are available when you go there.

Gympass: Check in

Once you have found your gym, it’s time to check-in and use your Gympass.

Check-in in is the only way to access a gym, do an activity, or join a live class. You must be present at the studio or gym before you can check in. The location is approximately 100m away.

You can also check-in on your mobile phone using the Gympass App.

Upon arriving at the activity’s location, open your Gympass App and then click on the “Check In” tab. Select the current location and confirm your check in.

Sometimes the studio or gym may not show up in your app. If this happens, check if the following:

  1. Your plan is active
  2. The gym is part of your plan
  3. If the address of the gym in the App matches your geolocation address in your phone,

Also, you can only check in once per day. You can only visit one gym each day. But you can also go to different gyms in one month. Gympass Valuation

For Partner Apps, you do not need to check-in. Using them is free; you can access them whenever you want.

Managing Dependent Accounts

One good thing about Gympass is that it allows you to include your dependents in the app. However, this feature will depend on the discretion of your company. If your company offers this feature, then you are in luck.

Check your profile settings to see if this option is available. If your company offers this feature, a “dependents tab” should be visible. You cannot add family members to your Gympass accounts if this is not possible.

To manage the accounts of your family members, first, you must check if your plan is active. Then, you can register them. You can then create a password to activate a plan.

Up next, you must add a payment method for each family member. You can only add three dependents to Gympass. Only your partner and children are considered as dependents.

Each member of the family will have their own profile. These accounts will work in the same manner as regular Gympass accounts. They can search for gyms, check in for activities, and more. Gympass Valuation

Just because they have an account does not mean they can enjoy it permanently. The corporate user can still change or cancel a plan for a family member.

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Gympass Prices

With the exclusivity of having the Gympass limited to employees of certain companies. You might think that expensive plans are possible. Well, nothing can be far from the truth.

Gympass is affordable for all budgets. This is because the company wants its users to promote a healthy and active lifestyle. Gympass plans as low as $11.99 a month

Gympass plan pricing, availability and availability depend on the contribution of your head company to Gympass.

Gympass offers the following tiered plans:

Starter Plan

Price: $11.99 per month

This plan is the most affordable on Gympass. This plan is ideal for those who are just beginning their fitness journey. This plan includes beginner Live Classes and as well as easy-to-use apps. Gympass Valuation

Gym Highlights: Blink Fitness, Snap Fitness, Esporta Fitness, EoS Fitness, Youfit Health Clubs

App Highlights: Strava and Fabulous, LesMills+ Lifesum, Meditopia, and Meditopia

Basic Plan

Price:$30.99 per month

The Basic Plan expands your options in fitness for a little bit. It provides more options and choices on what you want to do while not being too expensive.

Gym Highlights: LA Fitness, Crunch, NYSC, YMCA, and Yogaworks

App Highlights: Tempest, Ekilu, Synctuition, Roots, Kemtai

Bronze Plan

Price: $55.99 per month

The Bronze plan is designed for those who are committed to their fitness goals, but want to keep it affordable. This plan provides more resources to work out at home and live classes to stream from popular Gyms.

Gym Highlights: Tremont Athletic Club, UFC Gym, Chicago Athletic Club, Fitness SF, Austin Bouldering

App Highlights: Calm

Silver Plan

Price: $89.99 per month

This plan is designed for those who are serious about their exercise routine. You can now create your own personal fitness program by having access to a network personal trainers who are available via video conference for 1-on-1 sessions. Gympass Valuation

Gym Highlights: Fit Athletic, O Athletic and the bar Method.

App Highlights: Trainiac by Gympass

Gold Plan

Price: $159.99 per month

This is for people who are going to the next level. This plan gives you access to top Gympass gym partners. You will also receive more personal training sessions and more specific feedback.

Gym Highlights: Exhale, Life Time, ‘Y7 Studios, Barre3(r), F45

App Highlights: Kwit, IF

Platinum Plan

Price: $239.99 per month

This plan is for those who like to push themselves further. This gives access to various gyms and studios. Other benefits and features included in previous plans are also included here.

Gym Highlights: Barry’s, The Dailey Method [solidcore], SoulCycle Gympass Valuation

App Highlights: YesHealth

Diamond Plan

Price: $270.99 per month

This is for the people who want it all. The Gympass Diamond plan offers the most exclusive experience. The Diamond plan gives you access to all partner gyms, studios. App partners and personal trainers are also included in this plan.

Gym Highlights: Moxi3, Pilates Reforming, DanceBody, SLT

App Highlights: SupportRoom

Gympass Experience

I was lucky enough to be given access to Gympass in my work. Since it was already an added benefit, I went ahead and tried it.

Naturally, I subscribed first to the most economical plan, which was the starter plan.

One thing I would advise is that if you plan to avail of their service, You should check out which gyms and studios are available first. In my case, I was lucky enough that there were a few who were partnering with Gympass in my area.

That said, there were times when I needed to travel, and that was when I arrived at my destination. The gyms were only available for their higher plans. During those times, I was out luck.

Virtual trainers were readily available during this time, which I was able to take advantage of. For these sessions, you can only book up to eight a month. If you are interested in booking these sessions, you will need to make an effort.

Gympass has one thing that I love: I have to check in every day. Otherwise I have to pay a fee for missed appointments. This kind of incentivized me to follow my workout routines. Lo and behold, I’ve lost a lot of weight since starting the service. Gympass Valuation

The app is still available to me as of today. In fact, I have since upgraded my plan. And I’m very happy I did. Upgrading my plan allowed me to access more gyms and be studious. Some of these studios offered interesting activities, and most of them were enjoyable.

Gympass Cons and Pros

Pros

  • This revolutionary method will allow you to live a healthy, active lifestyle.
  • Access to a huge number of gyms around the United States
  • Affordable starter plan
  • You have access to a variety of workout options, including 1-on-1 sessions and streamed classes
  • Online therapy can be a great option for your mental health
  • There are dozens of partnered applications for health
  • You can include dependents (significant other or children)

Cons

  • Membership is only available if your company is offering it as a benefit
  • Adding dependents is only possible depending on your company’s preference
  • Maximum 3 dependents
  • A bit slow when removing gyms that have stopped participating in their service Gympass Valuation
  • Only allows one check in a day.

Gympass Final Thoughts

Gympass could be the future for fitness and an active lifestyle, especially for employees. They have figured out a way to really promote health and wellness to employees of a company.

Gympass seems to be a win-win situation. The employee gets to stay fit, while the employer can keep them happy and boost their activity, energy, and performance.

It seems that both the employer and employee have received their fair share of the service.

The only problem I see is that it is not available to single users. Gympass seems to have found a solution that works for them, as they are now making more money from their business model.

GympassFrequently Asked Questions Gympass Valuation

What is Gympass?

Gympass is an innovative solution for those who want to live a healthier, more active lifestyle.

How does Gympass Work

Gympass allows people to connect to thousands of fitness partners, and makes it easier to access facilities that can improve their health and lifestyle.

How do I get Gympass?

Gympass is only available as a worker’s benefit.

Gympass partners must be established by your company to gain access to Gympass. You can then register for any of the Gympass plans and sign up.

I am self-employed. Do I have access to Gympass?

Yes, you are allowed to do that.

However, you will need to have your business purchase an annual Gympass Subscription. You will then need to pay the subscription fee for Gympass for employees.

Can a company fully pay (subsidize) Gympass for employees?

It is possible to fully subsidise Gympass plans for employees.

Just contact Gympass customer service, and you can discuss it with their team.

What does my company gain for giving employees Gympass?

Aside from giving your employees a healthier lifestyle choice, Gympass provides generated reports on employee enrollment and aggregated Enrolled User usage data.

This can be accessed by the provided custom HR Portal provided to the company’s HR department.

How do I check-in?

You can check in through the Gympass App under the Check-In tab.

Only one check-in is available daily. This check-in can be used for personal or live gym classes, studios, or personal trainers. You can only access one gym each day, but can access multiple gyms within a single month.

Can I cancel Booked classes?

You can cancel booked classes as long as it coincides with the cancellation deadline.

You will be charged a late cancellation fee if you cancel outside this cancellation deadline.

When canceling a booking for a Personal trainer, please do so at a reasonable time. It is recommended to cancel at least five hours in advance. This is to consider the full half hour the personal trainer is allotting for you.

Can I bring a friend to the gym with me?

Gympass memberships do not include guests.

Gympass partners up with a large network of gyms. Each gym is paid by the company per visit. However, only those who have subscribed to the service are paid.

Can my family be added to my membership?

There is an option to add dependents to your Gympass account.

However, you are only limited to 3 dependents per account. Each dependent account must have its own payment method. A

This feature is also only available depending on your company.

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