WeStrive
[Closed for Investment] WeStrive, a personal trainer marketplace and CRM tool, is raising funds on WeFunder. The company has a valuation cap of $4 million and allows personal trainers to build a network with the exercisers. The platform of WeStrive helps personal trainers to run and grow their business, based on subscription and marketplace models. WeStrive was founded by Cory McKane and has raised $97,155 since its inception. The proceeds of the current crowdfunding round, with a minimum target of $50,000 and a maximum target of $500,000, will be used for development and design, customer service, and on-boarding and server tools. WeStrive already has more than 650 personal trainers signed up for its early release in November 2019, with an ability to scale up to more than 10,000 trainers.
Investment Overview
Raised: $54,787
Deal Terms
Total Commitments ($USD)
- Platform
- Wefunder
- Start Date
- 09/06/2019
- Close Date
- 03/19/2020
$50,001
$500,000
$100
SAFE
Seed
RegCF
$4,000,000
38%
Company & Team
Company
- Year Founded
- 2017
- Industry
- Fitness & Wellness
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- High
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
| Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| WeStrive | 03/19/2020 | Wefunder | $4,000,000 | $54,787 | SAFE | Funded | RegCF |
| WeStrive | 06/04/2019 | StartEngine | $1,316,700 | $1,620 | Equity - Common | Not Funded | RegCF |
| WeStrive | 09/28/2018 | StartEngine | $1,500,000 | $29,505 | Equity - Common | Funded | RegCF |
| PerFIcT | 02/17/2018 | StartEngine | $1,393,005 | $24,660 | Equity - Common | Funded | RegCF |
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.