MOB CYCLE
About this raise
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!
Investment Overview
Invested : $117,400
Deal Terms
Total Commitments
- Platform
- NextSeed
- Start Date
- 04/06/2018
- Close Date
- 06/28/2018
$100,000
$175,000
$100
Revenue Share
RegCF
1.45X
4.20%
Company & Team
Company
- Year Founded
- 2018
- Industry
- Fitness & Wellness
- Tech Sector
- Location
- Salt Lake City, Utah
- Company Website
-
Visit Website
Team
Financials
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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 |