Helix Fitness

The most effective cardio products ever built

Analytics

Raised to Date: Raised: $189,638

Aggregate Commitments $
Platform

StartEngine

Start Date

07/13/2021

Close Date

01/10/2022

Min. Goal

$10,000

Max. Goal

$1,070,000

Min. Investment

$500

Security Type

Equity - Common

Funding Type

RegCF

Series

Seed

Pre-Money Valuation

$28,000,000

Rolling Commitments $
Status

Active

Reporting Date

07/29/2021

Days Remaining

165

% of Min. Goal

1,896%

% of Max. Goal

18%

Likelihood of Max
extremely
Avg. Daily Raise

$11,852

# of Investors

83

Momentum
cool
Log in or create a free account today to gain access to KingsCrowd analytics.
Location

Boston, Massachusetts

Industry

Fitness & Wellness

Tech Sector

HealthTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Business Type

Growth

Helix Fitness, with a pre-money valuation of $28 million, is raising funds on StartEngine. The company makes fitness equipment, not just for young athletes but also for the aging population. Helix Fitness has built a lateral cardio solution that works on the total lower body, from the core to the floor. Leonard Snyderman founded Helix Fitness in March 2021. The proceeds of the current crowdfunding round, with a minimum raise of $10,000 and a maximum raise of $1,070,000, will be used to grow across global markets. Helix Fitness generated $4 million in sales in 2020, tripling over the sales in 2019. The business expects to double its net sales revenue in 2021.
Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$500,491

$1,621,478

COGS

$1,099,584

$669,678

Tax

$0

$0

 

 

Net Income

$-357,468

$-363,372

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$256,942

$8,632

Accounts Receivable

$113,763

$131,584

Total Assets

$1,091,339

$844,791

Short-Term Debt

$745,250

$655,452

Long-Term Debt

$1,014,709

$4,086,909

Total Liabilities

$1,759,959

$4,742,361

Financials as of: 07/13/2021
Log in or create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)

Starter

$8.33 /month
billed annually
Free portfolio tracking. Limited reports and filters.
Plan Includes:
Everything in Free, plus
Advanced company search ( limited filters)
Founder profiles and exclusive webinars
2 Analyst Reports per month
Get Starter Annual

Pro

$25 /month
billed annually
Unlimited analyst reports and market analytics.
Plan Includes:
Everything in Starter, plus
Full access to all Analyst Reports
Filter on Staff Picks (e.g. Top Deal, Deal to Watch, etc.)
Market Analytics
Get Pro Annual

Merlin

$41.67 /month
billed annually
Full site access including Merlin ratings.
Plan Includes:
Everything in Pro, plus
Search and filter companies by Merlin ratings
Company specific Merlin rating and risk assessment
Get Merlin Annual
Already a member? Log in here.

Ratings

Analyst Report

Other Deals

Lora DiCarlo on Republic

Sex toys in the United States contribute to a more than $5 billion market

RegCF
Fisher Wallace Laboratories on StartEngine

Even before the COVID-19 pandemic swept across the world, developed nations faced a health crisis of a different…

RegA+
Arc on Wefunder 2021

One of the biggest shifts brought on by the COVID-19 pandemic is the rise in remote work. Before…

RegCF
Create your first portfolio
WELCOME TO YOUR OWN INVESTMENTS PORTFOLIO ON KINGSCROWD.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Add Helix Fitness on StartEngine 2021
Follow company
Follow Helix Fitness on StartEngine 2021
Want to learn more about Helix Fitness?
Join the Pre-IPO Market’s #1 Ratings & Analytics Service FREE for 7 days.
Yes! I want to start my free trial.
Already a member? Log in here.
Invest Now