Macvon

Macvon

Early Stage

Welcome to Your New Home Gym

Welcome to Your New Home Gym

Overview

Raised to Date: Raised: $0

Total Commitments ($USD)

Platform

StartEngine

Start Date

08/30/2021

Close Date

12/09/2021

Min. Goal
$9,999
Max. Goal
$4,999,999
Min. Investment

$196

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$5.75

Pre-Money Valuation

$34,500,000

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

12/08/2021

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$0

Momentum
Not Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2019

Industry

Fitness & Wellness

Tech Sector

HealthTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Location

Plainsboro, New Jersey

Business Type

Growth

Macvon, with a valuation of $34.5 million, is raising funds on StartEngine. The company produces home fitness gym products to help people achieve their fitness goals irrespective of where they live. The products of Macvon include Macvon Touch and Macvon Strength that are powered by AI and home fitness technology. Macvon expects to generate a CAGR of 4.6% in the forecast period of 2028. Xing Zhang founded Macvon in October 2019. The current crowdfunding campaign has a minimum target of $9,999.25 and a maximum target of $4,999,998.75. The campaign proceeds will be used to launch Macvon Strength in the US and online and open its physical stores in the US.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$102,180

$0

COGS

$32,089

$0

Tax

$0

$0

 

 

Net Income

$-173,891

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$18,081

$0

Accounts Receivable

$0

$0

Total Assets

$365,992

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 08/30/2021
Create a free account today to gain access to KingsCrowd analytics.

Funding data not publicly available

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Macvon on StartEngine 2021
Platform: StartEngine
Security Type: Equity - Common
Valuation: $34,500,000
Price per Share: $5.75

Follow company

Follow Macvon on StartEngine 2021

Buy Macvon's Deal Report

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

Macvon Deal Report

Get KingsCrowd’s comprehensive report on Macvon including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Macvon is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Macvon deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge