Gleantap

Gleantap

About this raise

Gleantap, the provider of artificial intelligence-enabled platform to gyms and fitness centers, is raising funds on MicroVentures. The Gleantap platform allows fitness centers to acquire and retain more customers with less effort. The wellness studios get to pull customer data from existing systems, understand their clients, and target and engage them accordingly. Gleantap was founded by Sagar Babber in 2018. The proceeds of the current crowdfunding round, with a minimum target of $50,000 and a maximum target of $250,000, will be used to increase sales and marketing, invest in research and development, and drive business development. Gleantap already services 27 clients at more than 300 locations. Notable clients of Gleantap include Anytime Fitness, Gold’s Gym, Planet Fitness, and Orangetheory.

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Investment Overview

Invested this round: $227,778

Deal Terms

Total Commitments ($USD)

Platform
Microventures
Start Date
10/04/2019
Close Date
12/16/2019
Min. Goal
$50,000
Max Goal
$250,000
Min. Investment

$100

Security Type

Convertible Note

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$5,000,000

Discount

0%

Company & Team

Company

Year Founded
2018
Industry
Fitness & Wellness
Tech Sector
CommerceTech
Location
Cedar Park, Texas
Company Website
Visit Website

Team

Employees
6

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
11/12/2020 Wefunder $6,500,000 $315,272 SAFE Funded RegCF
12/16/2019 Microventures $5,000,000 $227,778 Convertible Note Funded RegCF
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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Gleantap on Microventures
Platform: Microventures
Security Type: Convertible Note
Valuation: $5,000,000

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Follow Gleantap on Microventures

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

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