Framework
[Closed for Investment] Framework is raising funds on Wefunder. The company runs Nashville’s first public outdoor sauna and first social sauna and cold plunge experience. Framework offers healthcare benefits and builds a place for people to challenge themselves to something new with support. The hot and cold therapies of Framework deliver science-backed short term and long term physical health, mental health, longevity, and wellness benefits and social experiences outside the traditional norm. Allen Penn founded Framework in March 2023. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for paid digital marketing, partnerships and events, and hiring.
Investment Overview
Raised: $98,500
Deal Terms
Total Commitments ($USD)
- Platform
- Wefunder
- Start Date
- 07/15/2024
- Close Date
- 08/07/2024
$50,000
$124,000
$1,000
Revenue Share
Pre-Seed
RegCF
1.50X
2.00%
Company & Team
Company
- Year Founded
- 2023
- Industry
- Fitness & Wellness
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- High
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 08/07/2024 | Wefunder | - | $98,500 | Revenue Share | Funded | RegCF |