Fitness company ClassPass is launching ClassPass Live, a high intensity interval training (HIIT) class bundle. The move is an effort both to reach new clients, and to make the experience more convenient for existing subscribers. CEO Fritz Lanman told Cheddar that the company is trying to bring gym-like experiences into people’s homes via livestreamed classes. “We are trying to capture the magic of the offline workout experience, of it being immersive, it being a shared experience, it being accountable,” Lanman said. “And brought that into an at-home package that you don’t have to pay $2,000 to get started with.” Classpass, which recently raised $70 million in a series C funding, is one of many fitness companies that are moving into the at-home workout space. Cycling Studios Peloton and FlyWheel Anywhere recently launched bikes with digital screens that offer livestreamed classes. Both studio bikes retailed at upwards of $1,000, and both offered livestreamed class packages for a $39-a-month subscription. The executive says the service will cost existing ClassPass subscribers $10, while new subscribers will be charged $15. The service rolls out in early 2018, and the equipment-free classes only require a heart-rate monitor, provided by ClassPass, and presumably an internet-enabled device. Lanman says at-home classes will feature a leader board where exercisers can compete. “We ship you a starter-kit that comes with a [Google] Chromecast, so you can plug it to your TV, and a heart-rate monitor,” he said.

Share:
More In Business
Tech leader who navigated the internet’s 90s crash weighs in on AI
Former Cisco Systems CEO John Chambers learned all about technology’s volatile highs and lows as a veteran of the internet’s early boom days during the late 1990s and the ensuing meltdown that followed the mania. And now he is seeing potential signs of the cycle repeating with another transformative technology in artificial intelligence. Chambers is trying take some of the lessons he learned while riding a wave that turned Cisco into the world's most valuable company in 2000 before a crash hammered its stock price and apply them as an investor in AI startups. He recently discussed AI's promise and perils during an interview with The Associated Press.
Tesla sales jump after months of boycotts
Tesla reported a surprise increase in sales in the third quarter as the electric car maker likely benefited from a rush by consumers to take advantage of a $7,500 credit before it expired on Sept. 30. The company reported Thursday that sales in the three months through September rose 7% compared to the same period a year ago. The gain follows two quarters of steep declines as people turned off by CEO Elon Musk’s foray into right-wing politics avoided buying his company’s cars and even protested at some dealerships. Sales rose to 497,099 vehicles, compared with 462,890 in the same period last year.
Load More