Fulcrum Fitness

Fulcrum Fitness

Open  for investment

About this raise: Fulcrum Fitness is raising funds on SMBX. The company is integrating physical fitness, recovery, and mindset into a science-backed ecosystem to revolutionize wellness. Fulcrum Fitness empowers people to achieve strength, mobility, and balance and uses a data-driven approach and commitment to individualized care. The business has developed its Fulcrum Method and its annual programming system, The Matrix, and plans to take it to the national stage. David Levy and J.B. Mire founded Fulcrum Fitness in March 2013. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $350,000. The campaign proceeds will be used to renovate the existing facilities and expand to other states.

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Investment Overview

Committed this round: $6,710

Deal Terms

Total Commitments ($USD)

Platform
SMBX
Start Date
12/20/2024
Close Date
02/20/2025
Min. Goal
$10,000
Max. Goal
$350,000
Min. Investment

$10

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

11.75%

Term Length

5.0 years

Company & Team

Company

Year Founded
2013
Industry
Fitness & Wellness
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
High
Location
Portland, Oregon
Business Type
Life Style
Company Website
Visit Website

Team

Employees
15
Prior Founder Exits?
No
Founder Name
David Levy
Title
President/CEO/Chairman
Founder Name
J.B. Mire
Title
Co-Founder

Financials

as of Fiscal Year 2023
 Revenue -9.1% YoY
$731,627
 Monthly Burn
$9,426
 Runway
7 months
Gross Margin
100%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$731,627

$805,187

COGS

$2,034

$0

Tax

$0

$0

 

 

Net Income

$-113,109

$-51,874

Summary Balance Sheet

FY 2023 FY 2022

Cash

$66,158

$68,975

Accounts Receivable

$2,512

$2,512

Total Assets

$99,951

$221,575

Short-Term Debt

$8,829

$1,099

Long-Term Debt

$293,094

$301,221

Total Liabilities

$301,923

$302,320

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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
02/20/2025 SMBX - $6,710 Debt Active RegCF
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Fulcrum Fitness on SMBX 2024
Platform: SMBX
Security Type: Debt

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