Aggregate Commitments $
Wefunder
03/15/2021
04/30/2021
$200,015
$1,069,987
$100
Equity – Common
RegCF
Seed
$14,850,000
Rolling Commitments $
Active
04/25/2021
3
96%
18%

$4,698

Kaneohe, Hawaii
Fitness & Wellness
HealthTech
B2C
Medium
High
Growth
Hele Fitness, with a pre-money valuation of $14.9 million, is raising crowdfunding on Wefunder. It is a health and fitness brand rooted in Hawaii. The company supports people in living better by helping them build inner strength. Hele Fitness provides the equipment, knowledge, and support system for people to connect with the better version of themselves. Brook Emanuel, Gus Mello, and Marcus Keoni Souza founded Hele Fitness in 2016. The proceeds of the current crowdfunding round, with a minimum raise of $500,015 and a maximum raise of $1,069,987, will be used for technology development, expansion into new geographies, and content creation. Hele Fitness is part of a fast-growing market and has reported a 400% revenue growth since 2017.
Summary Profit and Loss Statement
Revenue |
$536,058 |
$322,067 |
COGS |
$391,603 |
$265,847 |
Tax |
$0 |
$0 |
|
||
|
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Net Income |
$47,101 |
$22,201 |
Summary Balance Sheet
Cash |
$53,037 |
$13,809 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$98,407 |
$37,388 |
Short-Term Debt |
$171,784 |
$48,628 |
Long-Term Debt |
$0 |
$0 |
Total Liabilities |
$171,784 |
$48,628 |