CheerLife
Early Stage
Connecting The World Through Cheer
Overview
Raised: $0
Total Commitments ($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
Price Per Share
$0.31
Pre-Money Valuation
$7,500,000
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
09/25/2019
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2016
Industry
Consumer Products, Goods & Services
Tech Sector
Location
Henderson, Nevada
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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