The Zone

The Zone is a personal mental wellness coach in the pockets of athletes

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Form C
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Security Type
Convertible Note
Categories
Technology, Financial Services, Health & Fitness
Min Investment
$100
Location
BRONX, NY
Expected Close Date
April 30, 2022
Target Raise
$80.00K-$176.10K
No. Investors
31
Security Price
$3.65
Valuation
$4,450,000
Website
itsthezone.com
Number of Employees
1
Cash
$10,951
Revenue
$0
Short Term Debt
$5,200
Cost of Goods
$0
Long Term Debt
$41,300
Net Income
$-55,639

Company Description

πŸ† 1 of 4 companies in Bank of America’s 1st tech accelerator program
πŸ’Έ Raised $120K from angels; created product & attained paying customers in 1 yr
πŸ’« Retention rate 4X higher than industry avg at 15%
βœ… 86% of students complete the entire check-in flow
πŸ’₯ Advisors from Nike, Barclays, Puma, JP Morgan, wellness committee of licensed practitioners πŸ’₯
πŸ“£ Featured in Bloomberg, EBONY, & more
πŸ“ˆ Digital health market set to grow to $456B in 2026
Amount Raised : $174,665
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Security Description

A convertible security is a security that can be converted into another security, typically equity in the next round of financing.

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