GRIT BXNG At Home

GRIT BXNG At Home

Closed: May. 2022

About this raise

GRIT BXNG AT Home, with a valuation of $20 million, is raising funds on Republic through Reg A+ crowdfunding. It is a group fitness studio that offers its signature workouts, high-intensity group fitness classes, with boxing at the core of the regimen. The business is now launching GRIT EPIQ to create an unbelievable and complete workout at home and develop a social fitness community. GRIT BXNG At Home was founded by Bill Zanker, Ediva Zanker, and Dylan Zanker in 2020. The proceeds of the current crowdfunding round, with no minimum target and a maximum target of $10,000,000, will be used for growth and expansion. GRIT BXNG At Home has investments from Pitbull, Tim Draper, and Tony Robbins. GRIT EPIQ is designed by Eric Villency, the designer behind the Peloton Bike.

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Investment Overview

Invested this round: $378,354

Deal Terms

Total Commitments

Platform
Republic
Start Date
06/10/2021
Close Date
05/31/2022
Min. Goal
$297
Max Goal
$10,000,000
Min. Investment

$297

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$3.00

Pre-Money Valuation

$20,000,000

Company & Team

Company

Year Founded
2020
Industry
Fitness & Wellness
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Location
New York, New York
Business Type
Growth
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
William Zanker
Title
CEO
Founder Name
Ediva Zanker
Title
Co-Founder

Financials

 Revenue
$0
 Monthly Burn
$1,910
 Runway
1.7 months

Balance Sheet

Cash and Cash Equivalents

$3,317

Total Assets

$3,317

Accounts Payable & Accrued Liabilities

$26,234

Total Liabilities

$26,234

Total Stockholders' Equity

$-22,916

Total Liabilities and Equity

$3,317

Statement of Comprehensive Income Information

Net Income

$-22,916

Earnings Per Share - Basic

$0.00

Earnings Per Share - Diluted

$0.00

Auditor: TaxDrop LLC
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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
05/31/2022 Republic $20,000,000 $378,354 Equity - Common Funded RegA+
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Founder Interview

GRIT BXNG At Home Founder Bill Zanker on Creating a Social Fitness Experience

COVID-19 shifted many aspects of life from in-person to remote, including workouts. Although the United States is slowly resuming pre-pandemic life, plenty of Americans have come to enjoy the convenience of working out at home. 

GRIT BXNG At Home has developed a smart and complete gym called GRIT EPIQ that consumers can enjoy in the comfort of their homes. This AI-powered product allows its users to perform a variety of exercises, interacting with fitness friends remotely all the while. We reached out to CEO Bill Zanker, one of its founders, to hear about GRIT EPIQ’s origins and how it connects users.

Note: This interview was conducted over phone and email. It has been lightly edited for clarity and length.

Read Founder Interview

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Add to portfolio
GRIT BXNG At Home on Republic 2021
Platform: Republic
Security Type: Equity - Common
Valuation: $20,000,000
Price per Share: $3.00

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