TL;DR
Playlist, the parent company of Mindbody and ClassPass, has added Palantir CFO David Glazer to its board of directors after a $7.5 billion merger with EGYM. The company is considering an eventual IPO, with CEO Fritz Lanman stating that success includes growing the industry and using ROI data to sway government policy.
Playlist, the parent company of Mindbody, ClassPass, Booker, EGYM and Kite, has named Palantir Technologies chief financial officer David Glazer to its board of directors, roughly two months after Playlist closed its $7.5 billion merger with fitness tech firm EGYM.
The deal brought ClassPass and Mindbody’s software together with EGYM’s smart strength training equipment under what the company calls the world’s largest full-stack fitness and wellness operating system.
It also included $785 million in new equity funding led by Affinity Partners, with participation from Vista Equity Partners, Temasek and L Catterton.
Playlist CEO and co-founder Fritz Lanman appeared on stage at the ATN Innovation Summit 2026 in New York City this week, alongside EGYM co-founder Philipp Roesch-Schlanderer and L Catterton managing partner Marc Magliacano, to walk through the merger and what’s ahead.
Lanman laid out what success looks like five years on: consumers spending more of their time and money on working out and on healthier lives that technology helps curate and optimize, pulled off their screens and into in-person workouts.
Success, he said, also means growing the industry, getting employers to spend more subsidizing wellness for their workforces and using the company’s ROI data to sway government policy.
He also said Playlist is still entertaining plans for an eventual IPO.
“That’s the scale of our ambition,” Lanman said. “I think, most likely, (we) are doing that as a public company, and we’re assembling an amazing team of not just entrepreneurs, but also board members.”
In a statement, Glazer described Playlist’s finances as cash-flow positive while operating on a global scale and sustaining high growth, a combination he said is “exceptionally rare.”
Aside from its CEO, Alex Karp, being a devoted wellness fanatic, Glazer is not Palantir’s only line into health and wellness. Oura, the wearable giant behind the popular smart ring loved by Gen Z, runs its U.S. Defense Department enterprise program on Palantir’s FedStart security platform.
In this story
This story was originally published by Courtney Rehfeldt in Athletech News on June 18, 2026. Burnaze summarizes and links to the original reporting.
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