Nexersys on Microventures

Interactive fitness products focused on boxing and mixed martial arts

Raise to date: $134,420

Reporting Date: 12/31/2019

Key Stats

Minimum Raise

$100,000

Maximum Raise

$1,070,000

Likelihood of Max Unlikely
Start Date

09/12/2019

Stop Date

12/09/2019

Days Remaining

19999933

Security Type

Convertible Note

Investment Minimum

$100

Deal Type

No Review


Investment Summary

Status

Confirmed Closed

# of Investors

223

% of Minimum Raised

134%

% of Maximum Raised

13%

Dollars Per Day to Reach Max

N/A

DPD* Committed

$1,528

DPD* Category

$0

DPD* All Companies

$1,469

Kingscrowd Momentum

$134,420

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Nexersys, the manufacturer of fitness products, is raising crowdfunding on MicroVentures. The company has a valuation cap of $6 million and manufactures interactive products, specially focused on boxing and mixed martial arts. The products of Nexersys combine full-body workout with interactive gaming for overall fitness. Nexersys was founded by Terry Jones, and its assets were purchased by XFit in September 2017. The proceeds of the current crowdfunding round, with a minimum goal of $100,000 and a maximum goal of $1,070,000, will be used for campaign marketing, digital advertising, and content development. Nexersys has already sold over 4,700 machines and over 4,600 cross-body trainers and generated around $750,000 in revenues in 2018.

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