This company is no longer in business. Investors can get details about any potential exits or failures here.
Heart Rate Social
Early Stage
App and community for individuals who care about health and fitness.
Overview
Raised: $19,043
Total Commitments ($USD)
Platform
Microventures
Start Date
05/01/2019
Close Date
07/15/2019
Min. Goal
$25,000
Max. Goal
$107,000
Min. Investment
$100
Security Type
Convertible Note
SEC Filing Type
RegCF
Valuation Cap
$2,000,000
Discount
0%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
07/13/2019
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$257
# of Investors
43
Momentum
Not Funded
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Year Founded
2017
Industry
Fitness & Wellness
Tech Sector
Location
Del Valle, Texas
Heart Rate Social, with a valuation cap of $2 million, is raising funds on MicroVentures. It is a community and an application for individuals who are concerned about health and fitness. Heart Rate Social helps them find a workout partner, local fitness events, or even a date with similar interests! Heart Rate Social was founded by Christopher VanBerg in August 2018 and has raised $200,000 in funding in previous rounds. The proceeds of the current crowdfunding round, with a minimum raise of $25,000 and a maximum raise of $107,000, for marketing and adding more revenue-generating features. Heart Rate Social already has about 3,000 downloads and over 2,600 users, and it soon plans to expand nationally.
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