Eat The Frog Fitness
About this raise
Eat The Frog Fitness, with a valuation of $25 million, is raising funds on Wefunder. The boutique fitness studio combines the best of personal training and group fitness with AI technology. The training provided by Eat The Frog Fitness is elite-level, convenient, affordable, and super personal. Eat The Frog Fitness has 35 studios across the US and Canada and has minimal membership turnover with only 5% attrition. Bryan Clay and Joe Culver founded Eat The Frog Fitness in January 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used for PR campaigns, technology infrastructure and support, hiring, and marketing.
Investment Overview
Invested : $130,925
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 07/11/2022
- Close Date
- 11/30/2022
$50,000
$250,000
$250
SAFE
Growth Stage
RegCF
$20,000,000
$25,000,000
20%
Company & Team
Company
- Year Founded
- 2019
- Industry
- Fitness & Wellness
- Tech Sector
- Distribution Model
- B2B
- Margin
- High
- Capital Intensity
- High
Financials
- Revenue +36% YoY
- $1,772,271
- Monthly Burn
- Profitable
-
Cash on Hand
- $548,718
- Gross Margin
- 90%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $2,000,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 11/30/2022 | Wefunder | $25,000,000 | $130,925 | SAFE | Funded | RegCF |