CheerLife

CheerLife

Closed: Sep. 2019

About this raise

CheerLife, the hub for cheer and dance, is raising funds on StartEngine. The company has a pre-money valuation of $7.5 million and is one of the world’s first apps to provide gym-wide communication solutions, live leaderboards, and contests. It allows the uses to compete with each other to reach higher skills and achievements. CheerLife was founded by Dean Grey, Jeremy Wong, Kyle McCarthy, and Alex McCarthy in 2016. The company has previously raised $425,000 from friends and family, and the current crowdfunding round has a minimum target of $10,000. CheerLife is already used in more than 36 countries and has user retention five times higher than the industry average.

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Investment Overview

Not Funded: $0

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
04/25/2019
Close Date
09/23/2019
Min. Goal
$10,000
Max Goal
$1,070,000
Min. Investment

$250

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.31

Pre-Money Valuation

$7,500,000

Company & Team

Company

Year Founded
2016
Industry
Consumer Products, Goods & Services
Tech Sector
Location
Henderson, Nevada
Company Website
Visit Website

Team

Employees
9

Funding data not publicly available

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
09/23/2019 StartEngine $7,500,000 $0 Equity - Common Not Funded RegCF
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CheerLife on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $7,500,000
Price per Share: $0.31

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Warning: according to the close date for this deal, CheerLife may no longer be accepting investments.

CheerLife Deal Report

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