wOS
About this raise
wOS, with a valuation cap of $12 million, is raising crowdfunding on Wefunder. The company has developed a social fitness app offering live and on-demand classes in LATAM. The app is available for both B2C and B2B clients with form correction API, personalized coaching, and a digital fitness app suite. Eduardo Mussali, Iddar Olivares Morales, and Andrea Illanes founded wOS in April 2020. The proceeds of the current crowdfunding campaign, with a minimum goal of $50,000 and a maximum goal of $250,000, will be used towards salaries, customer acquisition, and streaming and infrastructure. wOS reported an MRR of $4,000 in the first 45 days. The growth is completely organic, and the app has 400 paying users and 6,000 downloads since its launch in February 2021.
Investment Overview
Invested $56,352 :
Deal Terms
Company & Team
Company
- Year Founded
- 2020
- Industry
- Fitness & Wellness
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- High
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
09/22/2021 | Wefunder | $12,000,000 | $56,352 | SAFE | Funded | RegCF / RegD 506(c) |