Mindbody - Bessemer Venture Partners
![](https://www.bvp.com/assets/uploads/2022/12/memo-mindbody.png)
We expect to sign a term sheet to invest in MindBody, a San Luis Obispo, CA based provider of a SaaS appointment scheduling and business management suite for fitness centers, yoga/pilates studios, spas, salons and other similar establishments. We are investing $8m in an $11m preferred round at $42m pre and will own 16.3% of the company after the redemption of some early angel investors.
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![](https://www.bvp.com/assets/uploads/2022/12/memos-mindbody-client-graphs.png)
Mindbody - Bessemer Venture Partners
![](https://www.bvp.com/assets/uploads/2022/12/memo-mindbody.png)
Mindbody - Bessemer Venture Partners
![](https://www.bvp.com/assets/uploads/2022/12/memos-mindbody-market-chart.png)
Mindbody - Bessemer Venture Partners
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