Pedal

Pedal

Closed: Sep. 2018

About this raise: Pedal is here to help you pedal your way to fitness success -- or run, or walk, or practice yoga, depending on who you are and what you want. Pedal allows users to browse boutique gyms and studios, buy classes for less than a drop-in class costs, and then try out the class before becoming a member. Pedal is free to join for both users and gyms, and they pay gyms each time a customer attends class. Right now, they’re focusing on the San Francisco and New York areas, where they have over 300 gyms in their network and 10,000 gym leads for new partners. Their prototype app is available for iOS and Android, and they plan on continuing to nurture their gym relationships, forming new ones, and bringing fitness to as many people as possible.

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Investment Overview

Not Funded: $0

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
03/13/2018
Close Date
09/07/2018
Min. Goal
$100,000
Max. Goal
$600,000
Min. Investment

$100

Security Type

SAFE

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$2,500,000

Discount

0%

Company & Team

Company

Year Founded
2018
Industry
Fitness & Wellness
Tech Sector
Location
Las Vegas, Nevada
Company Website
Visit Website

Team

Employees
3

Funding data not publicly available

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
09/07/2018 Wefunder $2,500,000 $0 SAFE Not Funded RegCF
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Pedal on Wefunder
Platform: Wefunder
Security Type: SAFE
Valuation: $2,500,000

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

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