Pedal
Early Stage
Discover and try new fitness classes for a fraction of drop-in prices
Overview
Raised: $0
Total Commitments ($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
Valuation Cap
$2,500,000
Discount
0%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
08/29/2018
Days Remaining
Not Funded
% of Min. Goal
0%
% of Max. Goal
0%
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2018
Industry
Fitness & Wellness
Tech Sector
Location
Las Vegas, Nevada
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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