Octivity Fitness Collective

Octivity Fitness Collective

Closed: Jan. 2022

About this raise

Octivity Fitness Collective, with a pre-money valuation of $5.2 million, is raising funds on StartEngine. The company offers virtual fitness guidance to individuals through its subscription-based health and wellness solution. The offerings include access to functional fitness, innovative cooking, and informative lifestyle videos. Ron L. Wilson, II founded Octivity Fitness Collective in August 2020. The current crowdfunding round has a minimum target of $10,000 and a maximum target of $1,070,000, and the proceeds will be used to expand the membership base and grow. Octivity Fitness Collective has already filmed a 28-day track of fitness videos and is in the process of filming cooking segments.

Expand

Investment Overview

Invested this round: $46,166

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
03/16/2021
Close Date
01/11/2022
Min. Goal
$10,000
Max Goal
$1,070,000
Min. Investment

$100

Security Type

Equity - Preferred

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$5.00

Early Bird Valuation

$5,014,765

Pre-Money Valuation

$5,278,700

Company & Team

Company

Year Founded
2020
Industry
Fitness & Wellness
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Location
SAN DIEGO, California
Business Type
Life Style
Company Website
Visit Website

Team

Employees
6
Prior Founder Exits?
No
Founder Name
Norma Barrett
Title
Copywriter, Editor, Operations Director
Founder Name
Ron Wilson
Title
CEO

Financials

 Revenue
$0
 Monthly Burn
$4,651
 Runway
6.5 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-55,815

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$30,036

$0

Accounts Receivable

$0

$0

Total Assets

$32,396

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /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

Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
01/11/2022 StartEngine $5,278,700 $46,166 Equity - Preferred Funded RegCF
Create a free account today to gain access to Kingscrowd analytics.
Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
Octivity Fitness Collective on StartEngine
Platform: StartEngine
Security Type: Equity - Preferred
Valuation: $5,278,700
Price per Share: $5.00

Follow company

Follow Octivity Fitness Collective on StartEngine

Buy Octivity Fitness Collective's Deal Report

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

Octivity Fitness Collective Deal Report

Get Kingscrowd's comprehensive report on Octivity Fitness Collective including:

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

Buy the Octivity Fitness Collective deal report for only $10!

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