CONBODY

CONBODY

Prison-style bootcamp that hires former inmates to teach fitness classes.

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Security Type
SAFE
Categories
Other
Min Investment
$20
Location
New York, NY
Offering Date
July 17, 2020
Expected Close Date
October 15, 2020
Target Raise
$50.00K-$1.07M

Company Description

CONBODY is a prison style fitness bootcamp that hires formerly incarcerated individuals to teach fitness classes.

Products: (i) group fitness classes in a studio setting, (ii) live stream at-home classes, (iii) on-demand workout videos, and (iv) apparel.

Mission: To bridge a gap between two communities: young professionals and formerly incarcerated individuals.

The Workout: 45-minute bodyweight workout that combines cardio, HIIT, strength training, and metabolic conditioning.In five years our goal is to have sales in excess of $12-million and obtain 100,000+ subscribers on our online platform.

Our monthly revenue for May 2020 was $30,500, which was our best month in terms of revenue. From January 2020 to May 2020, monthly revenue has increased by ~75%. We opened our fitness studio in 2016 and moved to a larger studio in January 2019.

Perks

Invest $250+ for 1 year subscription to CONBODY On-Demand workouts.
$500+ 5-pack of CONBODY Classes (Live Stream At-Home or In-Studio) + 1 year subscription to CONBODY On-Demand workouts.
$1,000+ 1 private class for you and your friends + Exclusive CONBODY hat + 10-pack of CONBODY Classes (Live Stream At-Home or In-Studio) + 1 year subscription to CONBODY On-Demand workouts.
$5,000+ 3 private classes for you and your friends + Exclusive CONBODY hat + 50-pack of CONBODY Classes (Live Stream At-Home or In-Studio) + 1 year subscription to CONBODY On-Demand workouts.
$10,000+ Monthly 1 on 1 Training session with a CONBODY trainer for 1 year (via Zoom or FaceTime) + 5 private classes for you and your friends.
Invest $250+ for 1 year subscription to CONBODY On-Demand workouts.
$500+ 5-pack of CONBODY Classes (Live Stream At-Home or In-Studio) + 1 year subscription to CONBODY On-Demand workouts.
$1,000+ 1 private class for you and your friends + Exclusive CONBODY hat + 10-pack of CONBODY Classes (Live Stream At-Home or In-Studio) + 1 year subscription to CONBODY On-Demand workouts.
$5,000+ 3 private classes for you and your friends + Exclusive CONBODY hat + 50-pack of CONBODY Classes (Live Stream At-Home or In-Studio) + 1 year subscription to CONBODY On-Demand workouts.
$10,000+ Monthly 1 on 1 Training session with a CONBODY trainer for 1 year (via Zoom or FaceTime) + 5 private classes for you and your friends.

Key Deal Facts

Unique prison-style workout experience with over 50k satisfied clients.
Monthly revenue increased by ~75% from January 2020 to May 2020.
Snapchat Accelerator Graduate with a $150K investment from Snap Inc.
Social & Economic Impact: Provide training & job opportunities to formerly incarcerated individuals.
CONBODY has a 0% recidivism rate.
Featured in 200+ media outlets including CNN, NYTimes, WSJ, CNBD, Men’s Fitness and Complex.
The fitness & wellness market is massive and growing ($600bn global fitness / wellness spend).

Management Team / Advisory Board Bios

Coss Marte
CEO / Founder
The founder of CONBODY, Coss developed his bodyweight training style when he was incarcerated for 4 years on drug charges. Coss lost 70 pounds in 6 months and found his calling.

Atif Rafiq
Advisor & Investor
Atif is President, Commercial & Growth at MGM Resorts. Ex-Amazon, Yahoo, AOL, startup CEO.

Scott Graulich
Financial Consultant
Experienced Commercial Real Estate Lending Professional.

Alex Center
Head Of Design
Brooklyn-based designer & founder of the design / branding company CENTER. Prior to opening his own studio, he worked for over a decade for Coca-Cola where he led the strategy & design for the billion dollar beverage brands vitaminwater & smartwater.

Emily Dixon
Marketing Director
Experienced Creative & Marketing Specialist.

Megan Leavy
Marketing & Strategy Consultant
Managing Partner at Access Consulting Group, which is a boutique women-owned consulting firm focused on finding strategic solutions for clients.

Matthew Sanner
Business Management Consultant
Experienced Management Professional.
Amount Raised : $67,901
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Security Description

A SAFE is an agreement between you—the investor—and the company in which the company promises to give you a future equity stake based on the amount you invested. It also involves some kind of a triggering event that must take place in order for you to get your future equity stake. Be careful as you may only get equity if a particular event is triggered.

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