Pedal

Pedal

Early Stage

Discover and try new fitness classes for a fraction of drop-in prices

Discover and try new fitness classes for a fraction of drop-in prices

Overview

Raised to Date: Raised: $0

Total Commitments ($USD)

Platform

Wefunder

Start Date

03/12/2018

Close Date

09/06/2018

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%

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

08/28/2018

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
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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Funding data not publicly available

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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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