Immersion

Immersion

Wellness

Wellness

Overview

Raised this Round: Raised: $0

Total Commitments ($USD)

Platform

MainVest

Start Date

01/31/2024

Close Date

03/15/2024

Min. Goal
$50,000
Max. Goal
$75,000
Min. Investment

$100

Security Type

Revenue Share

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.40X

Rev. Share %

9.35%

Year Founded

2023

Industry

Fitness & Wellness

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Location

Fargo, North Dakota

Business Type

Life Style

Immersion is raising funds on MainVest. It is an upcoming wellness center in Fargo, New Dakota that provides holistic wellness through cold water immersion and hot saunas. Immersion aims to use state-of-the-art technology from Plunge that can help with mental clarity, better mood, sleep, recovery, elevated energy, and stress relief. The business will also use products from Hot Springs Sauna to provide detoxification, better skin, and stress reduction. Erik Hill founded Immersion in November 2023. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $75,000. The campaign proceeds will be used for operating capital, equipment, renovations, and furniture.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 01/31/2024
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Immersion on MainVest 2024
Platform: MainVest
Security Type: Revenue Share

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