Jacked Up Fitness
About this raise
Jacked Up Fitness, with a valuation of $74.9 million, is raising funds on StartEngine. It is an ultimate lifestyle brand bringing fitness to homes. Jacked Up Fitness creates powerfully engineered Power Racks, accessories, fitness programming, and nutritional supplements and delivers the professional gym experience at home. The business grew its sales from $570,000 in 2021 to $24 million by 2023 and has solid gross margins. Don Mastrangelo founded Jacked Up Fitness in May 2024. The current crowdfunding campaign has a minimum target of $14,997.12 and a maximum target of $1.23 million. The campaign proceeds will be used for research and development, inventory, company employment, and operations.
Investment Overview
Invested : $233,945
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 06/27/2024
- Close Date
- 11/25/2024
$14,997
$1,234,999
$250
Equity - Common
Growth Stage
RegCF
$3.21
$74,899,999
Company & Team
Company
- Year Founded
- 2024
- Industry
- Fitness & Wellness
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- High
Financials
- Revenue +199% YoY
-
$24,151,819
as of FY2023
- Monthly Burn
-
$150,000
as of May '24
-
Cash on Hand
-
$191,173
as of May '24
- Gross Margin
-
59%
as of FY2023
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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 |
|---|---|---|---|---|---|---|
| 11/25/2024 | StartEngine | $74,899,999 | $233,945 | Equity - Common | Funded | RegCF |