THE ARMORY
About this raise
THE ARMORY is raising funds on Honeycomb. It is a medical facility in Columbus, Ohio, that provides a comprehensive array of fitness, medical, and recovery services. THE ARMORY has a team of physicians, nurses, physician assistants, dieticians, exercise physiologists, strength coaches, massage therapists, mental health specialists, and sports scientists who offer all services under one monthly membership. The medical facility offers a holistic view of individuals’ overall well-being and meets the demands of the contemporary era. Shawn Bailey founded THE ARMORY in November 2004. The current crowdfunding campaign has a minimum target of $60,000 and a maximum target of $124,000. The campaign proceeds will be used for locker rooms, a recovery lab, and an outdoor athlete training area.
Investment Overview
Invested : $124,000
Deal Terms
Total Commitments
- Platform
- Honeycomb
- Start Date
- 04/18/2024
- Close Date
- 06/01/2024
$60,000
$124,000
$100
Debt
Pre-Seed
RegCF
11.50%
3.0 years
Company & Team
Company
- Year Founded
- 2004
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +29% YoY
- $727,104
- Monthly Burn
- Profitable
- Cash on Hand
- $543
- Gross Margin
- 93%
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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 |
|---|---|---|---|---|---|---|
| 06/01/2024 | Honeycomb | - | $124,000 | Debt | Funded | RegCF |