ElliptiGO

ElliptiGO

Elliptical and Stand-Up Bicycles

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Security Type
Other
Categories
Other
Min Investment
$700
Location
Solana Beach, CA
Offering Date
January 10, 2020
Expected Close Date
March 06, 2020
Target Raise
$10.00K-$1.07M
Deal Notes

Security Type: Series D-3 Preferred Non-Voting Stock

$7.00 per share 

Valuation
$34,108,515

Company Description

Own a piece of ElliptiGO, the leading provider of elliptical and stand-up bicycles around the world. This is your chance to invest in the next big category of outdoor fitness and recreation with an established company that has already generated more than $45 million in sales.

Perks

Invest $700+ and enjoy a 10% discount on purchases from www.elliptigo.com. Discount is good on all full-priced products sold through www.elliptigo.com, excluding shipping and taxes.
Invest $3,500+ and enjoy a 20% discount on purchases from www.elliptigo.com. Discount is good on all full-priced products sold through www.elliptigo.com, excluding shipping and taxes.
Invest $7,000+ and enjoy a 30% discount on purchases from www.elliptigo.com. Discount is good on all full-priced products sold through www.elliptigo.com, excluding shipping and taxes.
*All perks occur when the offering is completed.

Key Deal Facts

We have sold more than 28,000 ElliptiGOs and generated more than $45 million in revenue.
Our products are used by fitness enthusiasts, recreational athletes, celebrities, professional athletes and more than 300 high school, college and professional teams.
We hold 43 issued patents and have built a passionate community of thousands of customers around the world.

Use of Proceeds

Fundraising Costs, Marketing, New Product Development, Working Capital

Management Team / Advisory Board Bios

Bryan Pate
CEO/Co-Founder (Director)

Brent Teal
CTO/Co-Founder (Director)

Bryce Whiting
VP of Sales

Beth Visscher
VP of Operations

Deal Notes

Security Type: Series D-3 Preferred Non-Voting Stock

$7.00 per share 

Amount Raised : $565,341
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Security Description

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