Whipr, Inc.

Revolutionary home fitness equipment. Budget & storage friendly ๐Ÿ”ฅ $8MM+ sales

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Categories
Technology, Retail, Healthcare & Medical, Sports & Fitness
Min Investment
$100
Location
WILMINGTON, DE
Expected Close Date
December 14, 2021
Target Raise
$10.00K-$2.50M
Security Price
$1.15
Website
whipr.com
Number of Employees
4
Cash
$2,699,060
Revenue
$0
Short Term Debt
$0
Cost of Goods
$0
Long Term Debt
$0
Net Income
$-1,349,492

Key Deal Facts

๐Ÿš€ Whipr designed & patented the first ever modular, multi-functional rowing machine.
๐Ÿ’ธ Whipr has generated $8M+ in revenue & sold more than 12,000 units since launch in August 2020.
๐Ÿ’ช Strong IP with 4 issued patents, prevents another firm from build similar modular rowing machine.
๐Ÿ“ˆ The $10B home fitness market is expected to be $14B by 2028, Whipr has unique products to succeed
๐Ÿ† Advisory board includes Shark Tank's Daymond John and 4 x Crossfit Games winner Rich Fronning
๐Ÿ’ช Recently hired worldclass CEO, led businesses in executive board roles in US, UK and Germany.
๐Ÿšฃ Perform up to 10 functions with the same resistance device.

Management Team / Advisory Board Bios

Gaurav Mishra CEOKnown as a โ€˜Growth Accelerator and Profit Boosterโ€™ while managing $1.3B P&L in a global business, 2 successful start-ups, executive board roles in US, Germany, and UK. Led complex turnaround of $50M business unit leading to additional $15M EBITDA, Luke Tipple Founder | PresidentFounder & inventor of whipr. Ran the #2 highest funded fitness Kickstarter in history raising $3.51M from 9,100 backers. Published author. Host of Discovery Nature.
Amount Raised : $56,111
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