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Sport

GRNDHOUSE

Status: Active

Aug 23rd 2021 - Sep 22nd 2021

6 days left

GRNDHOUSE is a fitness company specialising in the strength training vertical. The company hosts live strength training classes with metrics delivered to its community-centric app. The app allows users access to a weekly structure of low- and high-impact classes that focus on each body part to ultimately condition the entire body throughout the week. Users can even post their results on their user feed to champion and inspire each other, win badges and awards for their progress and gather their health data over time to see their improvements. GRNDHOUSE argues that it has acquired 1500 paying members to date via organic marketing on its portal. The company has also earned revenue worth £266,000 since its launch and featured in the Telegraph, Cosmopolitan, Business Insider and others. It states it will use 30% of the investment to develop its film studio and equipment, 45% towards paying salaries of its technology, marketing, sales, and instructor teams, 20% towards marketing, and 5% towards hardware stock.

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  • £1,384,716
    pledged
  • 168%
    of goal

    £820,006
    target

    £4,700,243
    pre-money valuation

    14.85%
    equity available

    236
    investors

    £5,867
    pledge per investor

    12899538
    company number

    Active
    company status

    23/09/2020
    incorporated 12 months

    Previous Funding rounds
    23 Aug 21 Seedrs £1,384,716 / 169%
    News

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Funding progress



  • £1,384,716
    pledged
  • 168%
    of goal

    £820,006
    target

    £4,700,243
    pre-money valuation

    14.85%
    equity available

    236
    investors

    £5,867
    pledge per investor

    12899538
    company number

    Active
    company status

    23/09/2020
    incorporated 12 months

    Previous Funding rounds
    23 Aug 21 Seedrs £1,384,716 / 169%
    News
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

As seen in:

  • The Guardian
  • Financial Times
  • Yahoo! Finance
  • The Times
  • The Daily Telegraph