Strive Tech
About this raise
Strive Tech is bringing you integrated, smart wearables that help monitor athletic performance. Their modules work with your existing compression clothing and monitor indicators like muscle action, heart rate, and motion. The data is provided in real time, allowing users to evaluate their performance and fatigue levels so they can have a more effective -- and safer -- workout. So far, Strive is used by 9 NCAA athletic programs, including the University of Tennessee and the University of West Florida; they have IP rights around their data science and analytics; and their sales funnel consists of 75 NCAA, NFL, and NBA teams waiting to use their products.
Investment Overview
Not Funded: $22,899
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 09/13/2018
- Close Date
- 03/06/2019
$100,000
$107,000
$100
Convertible Note
Early Stage
RegCF
$5,000,000
0%
Company & Team
Company
- Year Founded
- 2016
- Industry
- Fitness & Wellness
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Capital Intensity
- Location
- Bothell, Washington
- Company Website
-
Visit Website
Team
- Employees
- 5
Financials
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 03/06/2019 | Wefunder | $5,000,000 | $22,899 | Convertible Note | Not Funded | RegCF |