FitJab

Early Stage

FitJab aims to be the premier muslim-friendly fitness application for women.

Overview

Raised to Date: Raised: $10,542

Total Commitments ($USD)

Platform

Netcapital

Start Date

12/15/2022

Close Date

03/31/2023

Min. Goal

$10,002

Max. Goal

$1,004,423

Min. Investment

$100

Security Type

Equity - Common

Series

Pre-Seed

Funding Type

RegCF

Price Per Share

$2.27

Pre-Money Valuation

$19,402,410

Rolling Commitments ($USD)

Status

Active

Reporting Date

02/03/2023

Days Remaining

56

% of Min. Goal

105%

% of Max. Goal

1%

Likelihood of Max
unlikely
Avg. Daily Raise

$211

Momentum
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Location

New York, New York

Industry

Fitness & Wellness

Tech Sector

HealthTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

FitJab, with a valuation of $19,402,410, is raising funds on Netcapital. They are bringing health and wellness products to women, striving to empower them, increase their independence, and strengthen both their bodies and their self-esteem. Through their app, they want to give every muslim woman around the world the opportunity to stay fit anywhere, even in her own home! Eric Abdykalykov and Nikita Ryjih founded FitJab in March 2019. The current crowdfunding campaign has a minimum target of $10,001.62 and a maximum target of $1,004,422.79. The campaign proceeds will be used for hiring, content development, digital marketing, software and web development, localization and Inventory Production of Distribution.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$32,552

$487

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-18,672

$-31,026

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$3,887

$7,899

Accounts Receivable

$0

$0

Total Assets

$3,887

$7,899

Short-Term Debt

$0

$0

Long-Term Debt

$5,000

$5,000

Total Liabilities

$5,000

$5,000

Financials as of: 12/15/2022
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FitJab on Netcapital 2022
$
Platform: Netcapital
Security Type: Equity - Common
Valuation: $19,402,410

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