Recover Health

Recover Health

Closed: Jan. 2025

About this raise: Recover Health is raising funds on SMBX. The fitness company is based in Forest Hills, New York, and provides personalized training, recovery, and wellness services to runners and other active adults. Recover Health is focused on providing comprehensive and tailored care to active adults to ensure they recover from injury, get optimized training, and prevent future setbacks. The business brings a sustainable and balanced approach to fitness and helps athletes achieve their personal best performance and longevity. Kevon Brown founded Recover Health in February 2023. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $50,000. The campaign proceeds will be used towards working capital to expand the existing location.

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Investment Overview

Invested this round: $26,530

Deal Terms

Total Commitments ($USD)

Platform
SMBX
Start Date
12/11/2024
Close Date
01/09/2025
Min. Goal
$10,000
Max. Goal
$50,000
Min. Investment

$10

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

11.25%

Term Length

2.0 years

Company & Team

Company

Year Founded
2023
Industry
Fitness & Wellness
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Location
Forest Hills, New York
Business Type
Life Style
Company Website
Visit Website

Team

Employees
1
Prior Founder Exits?
No
Founder Name
Kevon Brown
Title
Managing Member

Financials

as of Fiscal Year 2023
 Revenue
$46,220
 Monthly Burn
Profitable
 Cash on Hand
$2,688

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$46,220

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$38,413

$0

Summary Balance Sheet

FY 2023 FY 2022

Cash

$2,688

$0

Accounts Receivable

$0

$0

Total Assets

$2,688

$0

Short-Term Debt

$125

$0

Long-Term Debt

$0

$0

Total Liabilities

$125

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
01/09/2025 SMBX - $26,530 Debt Funded RegCF
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Add to portfolio
Recover Health on SMBX 2024
Platform: SMBX
Security Type: Debt

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

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