IVP Invests $35M in MINDBODY, a SaaS Co. for Health & Wellness
November 02, 2012
Institutional Venture Partners has led a $35 million round for MINDBODY, a provider of business management software that helps companies in the beauty, health and wellness industries automate processes such as client scheduling and payment processing. Catalyst Investors and Bessemer Venture Partners also participated in the latest financing, which will help the SaaS company get a move on international expansion and ongoing product development. Founded in 2001, MINDBODY currently counts more than 20,000 clients, ranging from yoga studios to day spas.