WeShape

WeShape

Closed: Mar. 2023

About this raise

WeShape, with a valuation of $11 million, is raising funds on Wefunder. The company has developed an online fitness platform that feels like a personal trainer without the cost of one. The platform receives individuals’ goals and capabilities and creates customized at-home workouts that meet individual needs. WeShape has over 1 million organic social media followers and is on track to reach $1.1 million in sales in its first year. Tyler Bramlett and Katie Bramlett founded WeShape in November 2021. The current crowdfunding campaign has a minimum target of $150,000 and a maximum target of $1.24 million. The campaign proceeds will be used for marketing and operating costs.

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Investment Overview

Invested this round: $156,893

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
11/16/2022
Close Date
03/31/2023
Min. Goal
$150,000
Max Goal
$1,235,000
Min. Investment

$100

Security Type

Convertible Note

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$11,000,000

Discount

0%

Company & Team

Company

Year Founded
2021
Industry
Fitness & Wellness
Tech Sector
HealthTech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Location
Santa Cruz, California
Business Type
High Growth
Company Website
Visit Website

Team

Employees
17
Prior Founder Exits?
No
Founder Name
Katie Bramlett
Title
Co-Founder
Founder Name
Tyler Bramlett
Title
Head Coach

Financials

 Revenue
$900,000
 Cash on Hand
$85

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$85

$0

Accounts Receivable

$0

$0

Total Assets

$85

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$880,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
03/31/2023 Wefunder $11,000,000 $156,893 Convertible Note Funded RegCF
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Add to portfolio
WeShape on Wefunder 2022
Platform: Wefunder
Security Type: Convertible Note
Valuation: $11,000,000

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Follow WeShape on Wefunder 2022

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

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