Nexersys

Nexersys

Early Stage

Interactive fitness products focused on boxing and mixed martial arts

Interactive fitness products focused on boxing and mixed martial arts

Overview

Raised to Date: Raised: $134,420

Total Commitments ($USD)

Platform

Microventures

Start Date

09/11/2019

Close Date

12/09/2019

Min. Goal
$100,000
Max. Goal
$1,070,000
Min. Investment

$100

Security Type

Convertible Note

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$6,000,000

Discount

0%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

12/30/2019

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$1,528

# of Investors

223

Momentum
Funded
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Year Founded

2017

Industry

Fitness & Wellness

Tech Sector

Location

Austin, Texas

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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Nexersys on Microventures
Platform: Microventures
Security Type: Convertible Note
Valuation: $6,000,000

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