Kanthaka

Kanthaka

Uber for personal trainers and yoga instructors

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Security Type
Crowd SAFE
Categories
Health & Fitness
Min Investment
$100
Location
Hempstead, TX
Offering Date
May 07, 2021
Expected Close Date
September 04, 2021
Target Raise
$25.00K-$1.07M
Deal Notes

Price per share: $1.00

Company Description

Personal Trainers and Yoga Instructors that will actually help you get into a fitness routine! We are not just another app with pre-made videos, we take care your fitness progress step by step!

Key Deal Facts

Backed by leading VCs and Angels with $855,000 raised
51% monthly growth in sessions sold in March (1357 sessions)
Available at 14 locations across the US with >600 trainers on the App
770% growth in sessions sold from March 2020 to March 2021
195% growth in revenue from 2019 to 2020
Incredible high conversion of ~30% from App sign-up to purchase
In 2021 we've already made 85% of our total 2020 revenue

Management Team / Advisory Board Bios

Sylvia kampshoff, Founder
Former M&A and Debt Finance Attorney at top tier law firm. PhD in law, LLM as well as law degree from University of Heidelberg and Munich.

Nikola Ilievski, COO

Isabel Zarovska, Design & Marketing

Gorana Argirovska, Head of Sales

Deal Notes

Price per share: $1.00

Amount Raised : $55,761
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Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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