An archived replay of the webcast will be available for two weeks by clicking the link above. }); Monthly Average Class Plays Per Engaged Member. Pillsbury Winthrop Shaw Pittman LLP and Fasken Martineau DuMoulin LLP are serving as legal counsel to LifeSpeak. Solutions supporting the inextricable link between mental health and physical wellbeing, effectively address employee total wellbeing and may serve to improve employee productivity, engagement, and retention. portalId: "24166946", Wellbeats - Ohio In some cases, forward-looking information can be identified by the use of forward-looking terminology such as plans, targets, expects or does not expect, is expected, an opportunity exists, budget, scheduled, estimates, outlook, forecasts, projection, prospects, strategy, intends, anticipates, does not anticipate, believes, or variations of such words and phrases or statements that certain actions, events or results may, could, would, might, will, will be taken, occur or be achieved. In addition, any statements that refer to expectations, intentions, projections or other characterizations of future events or circumstances contain forward-looking information. To learn more, follow LifeSpeak on LinkedIn (http://www.linkedin.com/company/lifespeak-inc), or visit www.LifeSpeak.com. Wellbeats on-demand fitness delivers fitness classes, challenges, and more to your users anytime, anywhere! As a replacement, they installed a big TV with wellbeats in the studio. Wellbeats enables you and your family to take control of your health with fitness. Its an inclusive, equitable, and accessible wellness benefit for all members and their families. Classes range from high-intensity, full-body workouts to relaxing stretching exercises that you can do at your desk. New to Wellbeats or forgot your password? That will really help when the TV is being used and I want to do my own thing or go for a run. Weve also delivered on bringing the two halves of the wellbeing equation together for our customers, who have sought mental health solutions to complement our physical wellbeing resources, said Jason Von Bank, President & CEO, Wellbeats. Get rewarded for making healthy decisions! Wellbeats proprietary content and technology enable individuals and families to take control of their health with fitness solutions that fit their lives. LifeSpeak will hold a conference call to discuss the transaction on February 14, 2022, at 5:30 p.m. 1-226-828-7575 or toll-free at 1- 833-950-0062. Education-based classes are led by certified, diverse, and relatable instructors, and continuous content and feature enhancements give members fresh ways to enjoy their wellbeing journey. No equipment needed: If youre looking for classes that dont require any equipment, check out VIBE and Zumba (dance), Fusion (yoga/pilates or barre) and TKO (kickboxing). Welcome to Wellbeats Wellness [Webinar] - 7.12.2023. From stretching to high-intensity workouts, Wellbeats classes cover a wide range of exercises activities. A virtual fitness program that provides on-demand fitness classes, challenges, and fitness assessments to employees/veterans anytime, anywhere. Best full body workout: Bosu great for a full-body workout. Filters make it easy to findexactly what youre looking for. Accordingly, prospective investors should not place undue reliance on forward-looking information. Wellbeats can help its an easy-to-usefitness and well-being benefit that you can access anytime, anywhere. When prompted, enter the email address associated with your Wellbeats account (not Virgin Pulse account). From yoga to kickboxing, dance to strength training and everything in between youll be sure to find something you enjoy with instructors that motivate you. Each plan is two to eightweeksand guides you through daily workouts. Wellbeats fits synergistically with our platform, allowing us to enhance and expand our mental health and wellness support capabilities. Many organizations have expressed a strong desire to streamline their wellbeing support to a smaller number of proven brands focusing on longer-term, preventive solutions. Personal info, Health and fitness and 3 others. The developer, WELLBEATS, Inc, indicated that the apps privacy practices may include handling of data as described below. If youre considering getting WellBeats for your gym, university, office, etc. Each of our 60+ exercise instructors is required to have minimum certification in Group Fitness from either ACE or AFAA. Help your employees improve their health and stay on track with their well-being goals by learning how HealthCheck360 maximizes the value of partner programs and integrations today. Clients get strategic expertise, marketing kits, video tutorials, and comprehensive monthly reporting and engagement metrics with easy-to-track success measures, and the solution is compliant with HIPAA, SOC2, GDPR, and WCAG 2.1. This forward-looking information and other forward-looking information are based on opinions, estimates and assumptions in light of the Companys experience and perception of historical trends, current conditions and expected future developments, as well as other factors that the Company currently believes are appropriate and reasonable in the circumstances. adam.peeler@loderockadvisors.com. The acquisition of Wellbeats, once complete, will be LifeSpeaks fourth acquisition following its IPO in July of 2021. See if your gym, fitness club, or employer offers Wellbeats and get access to all of your favorite exercises, anytime, anywhere. There are 3 Fitness Tests that consist of 10-20 minute workouts that incorporate timed activities from their various classes. LifeSpeak is the parent company of Lift Digital Inc. (LIFT or LIFT session), ALAViDA Health Ltd. (ALAViDA), and EnCompass Education Solutions (Torchlight). Help your employees find an exercise plan that fits. Go directly to Wellbeats and log in or follow these steps on The Hub: If you are inactive on a device for 21 or more days, you will need to re-authenticate your account by accessing Wellbeats through Virgin Pulse. Forward-looking information may relate to the Companys future business, financial outlook and anticipated events or results and may include information regarding the Companys financial position, business strategy, growth strategies, addressable markets, budgets, operations, financial results, taxes, and the Companys plans and objectives. It stopped twice during a 20 minute long workout so I had to reboot the class and scroll to where it stopped. Anytime Fitness clubs are independently owned and operated. To learn how to become a great consumer of these benefits, please use the resources below. We are always working towards improving our app to provide you with much better experience. Suite 590 Download this guide with steps to reset your password. An additional $30 million will be available through an accordion facility. We are excited to be part of the LifeSpeak family and look forward to continuing to deliver on our mission for our clients, their employees, and shareholders., Transaction Details, Financing, and Concurrent Private Placement. The first time I used this app on my iPad it glitched several times out so I wrote a crappy review. Wellbeats Virtual Fitness is the premier on-demand fitness provider that delivers fitness classes, challenges, and fitness assessments to employees anytime, anywhere. Wellbeats Classes: How many classes are there? Log into your Virgin Pulse account via app. Along with their different and easily-accessible training classes, another awesome feature of Wellbeats are their Fit Tests and assessments where users can set their own personal benchmarks and track their results so they can reach their goals. Best at building muscle: Definitions is a great Wellbeats class for strength training and building more defined muscle. The credit facility will be a revolving facility, bearing interest at an annual rate determined based upon a Net Debt-to-Adjusted Bank EBITDA1 multiple. This assumes estimated preliminary revenue of $23.4 million for the year ending December 31, 2021 (see Financial Estimates below). In addition to your regular in-demand classes like Zumba, yoga, cycling, and circuit training, Wellbeats also offers popular pre- and post-natal exercise classes, which is not something that your regular gym and studio classes tend to offer. The Company calculates Net Dollar Retention Rate for a period by considering a cohort of clients at the beginning of the period, and dividing the ARR from enterprise and embedded solutions attributable to that cohort at the end of the period, by the ARR from enterprise and embedded solutions attributable to that cohort at the beginning of the period. Wellbeats is a Minnesota-based provider of on-demand virtual fitness classes. Member Resources | Wellbeats Wel at Humana Fitness Center | On-Demand Workout Videos In 2021, Wellbeats is expected to have generated approximately $17.4 million of revenue derived from 400+ enterprise clients and achieved a 41%+ year-over-year growth in the Number of Clients for the twelve-month period ending September 30, 2021 (see Financial Estimates below). 11. Virtual fitness removes barriers to getting and staying active by giving users anytime access to content that works for their individual needs." Based in St. Louis Park, MN, Wellbeats is a content and software-as-a-service (SaaS) company that produces original fitness content using real-life coaches and trainers who are athletes with . Wellbeats Wellness is for any age, gender, interest, or ability level, regardless of access to equipment or available time. This is helping keep our familys sanity during quarantine! At Anytime Fitness Glenwood, the support is real and it starts the moment we meet. Explore 1,200+ fitness, nutrition, and mindfulness classes for all ages, levels, abilities, and interests. Contact Us Email or call at (712) 527-9800. I dont have any glitches and was thrilled to see the addition of the download. Yes. Whether youre looking for high-intensity training, cycling, yoga, or just something quick to do on your breaks, there is a Wellbeats class for everyone. LifeSpeak Inc. Adam Peeler, on behalf of: An upfront payment of US$80 million is payable in cash on closing, with the remaining US$12.5 million payable in cash in the form of an earnout on the achievement of predetermined 2022 milestones. To ensure the most secure and best overall experience on our website, we recommend the latest versions of, http://www.linkedin.com/company/lifespeak-inc, Elevates Product Offering with the Addition of Leading SaaS-Based Physical Wellbeing Platform, Accelerates Geographic Expansion and Scale with 800+ Pro Forma Enterprise Clients and Over $54 million of Pro Forma ARR, 52% of Which Is Generated by U.S. and International Clients, Acquisition Supported by Committed $97.5 million Senior Debt Financing Facility From Scotiabanks Technology and Innovation Banking Group, and Concurrent $22 million Private Placement of Common Shares Led by Beedie Capital, Jason Von Bank, President & CEO of Wellbeats. Our fitness, nutrition, and mindfulness classes and programs span all 5 generations, as well as specialty categories such as pre/post-natal, musculoskeletal, active aging, and sports readiness. Oct 28, 2021. Members can access on-demand, fitness, nutrition, and mindfulness classes from wherever they feel comfortable. Pro Tip: If youre a beginner or just jumping back after an injury etc. On-demand Fitness Market Growth Analysis Report 2023-2030 |Wellbeats

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