Flagship Fitness

Flagship Fitness

Closed: Apr. 2019

About this raise

Flagship Fitness, with a post-money valuation of $11.3 million, is raising funds on NetCapital. The company is proposing to open a 64,000 square-foot fitness and wellness resort in Ramsey, Minnesota. The resort will be a social and athletic destination and will have something for everyone. Flagship Fitness was founded by Adrian Haid. The current crowdfunding round has a minimum target of $10,000 and a maximum target of $1,070,000. Flagship Fitness also has an additional financing commitment of Series A round of $2.9 million, only if the company is able to raise $1,070,000 in the crowdfunding round. Flagship Fitness also plans to offer classes including pilates, indoor cycling, personal training, and swimming lessons.

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Investment Overview

Invested this round: $11,072

Deal Terms

Total Commitments ($USD)

Platform
Netcapital
Start Date
02/01/2019
Close Date
04/30/2019
Min. Goal
$10,000
Max Goal
$1,070,000
Min. Investment

$99

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.64

Pre-Money Valuation

$11,300,000

Company & Team

Company

Year Founded
2007
Industry
Fitness & Wellness
Tech Sector
Location
Eden Prairie, Minnesota
Company Website
Visit Website

Team

Employees
5

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
04/30/2019 Netcapital $11,300,000 $11,072 Equity - Common Funded RegCF
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Flagship Fitness on NetCapital
Platform: Netcapital
Security Type: Equity - Common
Valuation: $11,300,000
Price per Share: $0.64

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

Flagship Fitness Deal Report

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