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Mindbody Inc.

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Mindbody Inc.

Mindbody, Inc. is a San Luis Obispo, California-based software-as-a-service company that provides cloud-based online scheduling and other business management software for the wellness services industry. The company has offices in the United States, United Kingdom, Australia and India. The workforce is distributed worldwide, with an ongoing remote work policy established in 2023.

Founded in 2000, it has been majority owned by Vista Equity Partners since 2019.

Since October 2021, the company has owned ClassPass.

The Mindbody mobile app is integrated with Fitbit and Under Armour’s MyFitnessPal.

Mindbody was originally known as HardBody SoftWare. It began as a Sole Proprietorship in 1998 by Blake Beltram, and evolved into an LLC with Co-founder Rick Stollmeyer on February 13, 2001. Beltram exited and was effectively replaced as a major partner by Bob Murphy in 2003, who was then named Co-founder. The company was later incorporated as MINDBODY, Inc. In 2005, Mindbody Online was launched.

The company received its first financing round of US$1 million in November 2005 from Tech Coast Angels and Pasadena Angels.

In August 2010, it raised $11 million from Bessemer Venture Partners and Catalyst Investors.

It received another round of funding in November 2012 of US$35 million from Bessemer Venture Partners, Institutional Venture Partners, and Catalyst Investors.

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