Nexersys on Microventures

Interactive fitness products focused on boxing and mixed martial arts

Raise to date: $129,665

Reporting Date: 11/13/2019

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

25

Security Type

Convertible Note

Investment Minimum

$100

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

199

% of Minimum Raised

130%

% of Maximum Raised

12%

Dollars Per Day to Reach Max

$37,613

DPD* Committed

$2,091

DPD* Category

$0

DPD* All Companies

$1,340

Kingscrowd Momentum

$129,665

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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