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UPSWING FITNESS

Operating

Squad Technologies LLC

Software & AI · Marketplace · Founded 2020

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Ultimate trainer-led online fitness community and marketplace

Valuation cap ⓘ
$30.0M
As of Sep 2022 · from UPSWING FITNESS Future Equity SAFE 1 · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$6,159,500
Crowd $68K · Private $6.1M · 2 rounds since 2021

Financials

FY2020–FY2022 · from SEC filings · hover any figure for its source
$1
2020
$2K
−$137K
2021
$639
−$438K
2022
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2020
FY2021
FY2022
Income statement
Revenue
$1
$1,644
$639
Cost of goods sold
$0
$111
$0
Gross margin
100%
93%
100%
Net income
$0
-$136,938
-$438,091
Taxes paid
$0
$0
$0
Balance sheet
Cash
$1,000
$272,006
$68,978
Accounts receivable
$0
$0
$0
Total assets
$1,000
$676,623
$830,522
Short-term debt
$0
$0
$0
Long-term debt
$0
$0
$0
Total liabilities
$0
$0
$0
Other
Headcount
—
2
5

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited; no pill means the filing didn’t state one. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Post-money = pre-money + amount raised · caps marked
$30.0M
Valuation cap
UPSWING FITNESS Future Equity SAFE 1

A dashed amber step is a SAFE/note valuation cap — a conversion ceiling agreed for that instrument, not a priced valuation of the company. Steps are not comparable across bases.

Fundraising history

Rule 506(b) Private Offering (2021)OpenReg D · SAFE
Raised $6.1MInvestors 11
UPSWING FITNESS Future Equity SAFE 1ClosedReg CF · SAFE · via WeFunder
Raised $67.5K / $250KInvestors 21Valuation cap $30M

Team

2 people
Chris PutschFounder
Founder, CEO
Patrick Shaughnessy Ziegler
CGO

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not requiredFewer than 300 holders of record

Filed 1 of 4 annual reports (FY2022–FY2025)

21 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

SEC filings

  • Form D/AMay 14, 20260001887456-26-000003
    EDGAR
  • Form D/AMay 15, 20250001887456-25-000001
    EDGAR
  • Form D/AMay 15, 20240001887456-24-000002
    EDGAR
  • Form D/AMay 15, 20230001887456-23-000003
    EDGAR
  • Form C-ARApr 25, 20230001887456-23-000002
    EDGAR
  • Form D/AOct 11, 20220001887456-22-000001
    EDGAR
  • Form CMay 31, 20220001670254-22-000624
    EDGAR
  • Form DOct 12, 20210001887456-21-000001
    EDGAR
Source: ManualCIK 0001887456

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.