MySwimPro (2022)
About this raise
MySwimPro, with a valuation of $20 million, is raising funds on Wefunder. The fitness application offers training experience to beginners and professional swimmers with the help of training plans, video content, personalized workouts, and analytics to measure performance. MySwimPro has over 1.5 million app downloads and has generated over $3 million in subscription revenue. Fares Ksebati, Adam Oxner, and Michael Allon founded MySwimPro in 2015. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $5,000,000. The campaign proceeds will be used for content marketing, product development, marketing, and operational expenses.
Investment Overview
Invested $457,357 :
Deal Terms
Company & Team
Company
- Year Founded
- 2015
- Industry
- Fitness & Wellness
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
- Revenue -14% YoY
- $969,752
- Monthly Burn
- Profitable
-
Cash on Hand
- $745,378
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Funding history
Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|---|
MySwimPro | 12/06/2023 | Wefunder | $20,000,000 | $136,550 | SAFE | Funded | RegCF |
MySwimPro | 02/28/2022 | Wefunder | $20,000,000 | $457,357 | SAFE | Funded | RegCF |
MySwimPro | 04/03/2019 | Wefunder | $10,000,000 | $599,276 | SAFE | Funded | RegCF |
MySwimPro | 08/31/2017 | Wefunder | $5,000,000 | $131,530 | SAFE | Funded | RegCF |