Gleantap

AI-enabled member engagement platform for fitness centers

Analytics

Raised to Date: Raised: $227,778

Aggregate Commitments $
Platform

Microventures

Start Date

10/04/2019

Close Date

12/16/2019

Min. Goal

$50,000

Max. Goal

$250,000

Min. Investment

$100

Security Type

Convertible Note

Funding Type

RegCF

Valuation

$5,000,000

Rolling Commitments $
Status
Funded
Reporting Date

12/31/2019

Days Remaining
Funded
% of Min. Goal

456%

% of Max. Goal

91%

Likelihood of Max
Funded
Avg. Daily Raise

$3,120

# of Investors

1,049

Momentum
Funded
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Location

Cedar Park, Texas

Industry

Fitness & Wellness

Tech Sector

CommerceTech

Gleantap, the provider of artificial intelligence-enabled platform to gyms and fitness centers, is raising funds on MicroVentures. The Gleantap platform allows fitness centers to acquire and retain more customers with less effort. The wellness studios get to pull customer data from existing systems, understand their clients, and target and engage them accordingly. Gleantap was founded by Sagar Babber in 2018. The proceeds of the current crowdfunding round, with a minimum target of $50,000 and a maximum target of $250,000, will be used to increase sales and marketing, invest in research and development, and drive business development. Gleantap already services 27 clients at more than 300 locations. Notable clients of Gleantap include Anytime Fitness, Gold’s Gym, Planet Fitness, and Orangetheory.
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Raise History
Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Gleantap.ai 11/12/2020 Wefunder $6,500,000 $315,272 SAFE Funded RegCF
Gleantap 12/16/2019 Microventures $5,000,000 $227,778 Convertible Note Funded RegCF
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