The Zone

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

Print
Claim My Business
Form C
View on Wefunder
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

๐Ÿ† 1 of 4 companies in Bank of Americaโ€™s 1st tech accelerator program
๐Ÿ’ธ Raised $120K from angels; created product & attained paying customers in 1 yr
๐Ÿ’ซ Retention rate 4X higher than industry avg at 15%
โœ… 86% of students complete the entire check-in flow
๐Ÿ’ฅ Advisors from Nike, Barclays, Puma, JP Morgan, wellness committee of licensed practitioners ๐Ÿ’ฅ
๐Ÿ“ฃ Featured in Bloomberg, EBONY, & more
๐Ÿ“ˆ Digital health market set to grow to $456B in 2026
Amount Raised : $174,665
Reveal the Score by Voting
๏ผฟ
Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
โ“˜
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
โ“˜
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
โ“˜
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
โ“˜
The value of the company compared to similar companies raising money from investors.
Valuation

Security Description

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

Research Reports

No reports have been submitted

Become a Reporter
Read Our Research Disclaimer

0 Comments

Post Comment