Flagship Fitness
Early Stage
Leading Families to a Healthier Way of Living.
Overview
Raised: $11,072
Total Commitments ($USD)
Platform
Netcapital
Start Date
01/31/2019
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
Price Per Share
$0.64
Pre-Money Valuation
$11,300,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
04/29/2019
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$126
Momentum
Funded
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Year Founded
2007
Industry
Fitness & Wellness
Tech Sector
Location
Eden Prairie, Minnesota
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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