Mindbody 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. Founded in 2001, the company services over 58,000 health and wellness businesses with about 35 million consumers located in over 130 countries and territories. The company's clients include Bikram Yoga and New York Health & Racquet Club. ClassPass is one of Mindbody's technology partners using Mindbody's API to manage inventory on the ClassPass app. Mindbody was originally known as HardBody Software. The latter was co-founded by Blake Beltram, Rick Stollmeyer, and Robert Murphy in 2000. The company was later incorporated as Mindbody in 2001. In 2005, Mindbody Online was launched and it later received its first private funding round of US$1 million in November 2005 from Tech Coast Angels and Pasadena Angels. The company's first round of institutional investment came up in April 2009 to the sum of US$5.6 million from Catalyst Investors. The company received more investment in August 2010 to the sum of US$14 million from Bessemer Venture Partners and Catalyst Investors with an initial portion of US$11 million while the remaining US$3 million was to be exercised at any time within 36 months. It received another round of funding in November 2012 of US$35 million from Bessemer Venture Partners, Institutional Venture Partners, and Catalyst Investors. In February 2014, Mindbody received its final round of private funding in the amount of US$50 million from Bessemer Venture Partners, Institutional Venture Partners, Catalyst Investors, W Capital Partners and Montreux Equity Partners.