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Security Type
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Common Stock
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Min Investment
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$196
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Offering Date
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August 30, 2021
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Expected Close Date
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March 01, 2022
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Target Raise
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$10.00K-$5.00M
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Security Price
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$5.75
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Valuation
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$3,450,000
Company Description
Our mission is to create innovative, user-friendly products to help people achieve their fitness goals - no matter their experience level, or where they live. Macvon is here to bring the benefits of working out with a world-class personal trainer at the gym right home to you. We do this by providing game-changing fitness powered by artificial intelligence. Founded in 2019, we produce two home fitness gym products: Macvon Touch and Macvon Strength.
Key Deal Facts
Per Fortune Business Insights™, the home fitness equipment market size is projected to grow from USD 10.73 billion in 2021 to USD 14.74 billion in 2028
Compound annual growth rate (CAGR) of 4.6% in the forecast period of 2028, according to Fortune Business Insights
We are introducing Macvon Strength - where intelligent strength training with weights comes to home fitness. This new product includes all features of Macvon Touch and more, and is expected to launch in just 5 months
Management Team / Advisory Board Bios
Xing "Kevin" Zhang, CEO
M.S. in Statistics
Expertise in Artificial Intelligence
Serial Entrepreneur
Xun Wu, CTO
M.S. in Computer Science
17+ years of extensive hands-on experiences on design and development on Blockchain, Big data, Cloud, UI, System infrastructure.
George Rutter, Operations Manager
