MOB CYCLE

MOB CYCLE

[Closed for Investment] MOB CYCLE is here to give you the ultimate, full-body indoor cycling workout. Deemed “a party on a bike,” cyclists ride to the beat of the music in a high energy, inspirational environment, sweating out the day’s challenges and tribulations and getting stronger together -- as one community and as one MOB. MOB plans to start in Salt Lake City, Utah and expand throughout the Mountain West region. Classes start at only $20, and studios include States SC2 Bikes, Bose commercial sounds system, and five star amenities. MOB CYCLE is set to open in the fall of 2018 -- and they’re ready to make you sweat!

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Investment Overview

Raised this Round: Raised: $117,400

Deal Terms

Total Commitments ($USD)

Platform
NextSeed
Start Date
04/06/2018
Close Date
06/28/2018
Min. Goal
$100,000
Max. Goal
$175,000
Min. Investment

$100

Security Type

Revenue Share

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.45X

Rev. Share %

4.20%

Company & Team

Company

Year Founded
2018
Industry
Fitness & Wellness
Tech Sector
Location
Salt Lake City, Utah
Company Website
Visit Website

Team

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
06/28/2018 NextSeed - $117,400 Revenue Share Funded RegCF
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MOB CYCLE on NextSeed
Platform: NextSeed
Security Type: Revenue Share

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

MOB CYCLE Deal Report

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