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305 Fitness

Operating

305 Fitness Inc

Sports & Recreation · Founded 2012

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Cardio fitness program with studios across the U.S. and certified instructors worldwide

Valuation cap ⓘ
$25.0M
As of Nov 2021 · from Reg CF Offering (2021) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$6,571,815
Crowd $377K · Private $6.2M · 2 rounds since 2019

Financials

FY2019–FY2020 · from SEC filings · hover any figure for its source
$7.1M
−$970K
2019
$2.8M
−$3.5M
2020
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2019 reviewed
FY2020 reviewed
Income statement
Revenue
$7,126,147
$2,819,860
Cost of goods sold
$1,999,927
$584,376
Gross margin
72%
79%
Net income
-$970,210
-$3,524,713
Taxes paid
$2,629
$13,288
Balance sheet
Cash
$5,880,746
$2,574,724
Accounts receivable
$458,619
$682,763
Total assets
$6,701,602
$3,759,267
Short-term debt
$991,368
$1,028,413
Long-term debt
$72,628
$1,083,609
Total liabilities
$1,063,996
$2,112,022
Other
Headcount
—
25

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, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Valuation caps on SAFE / convertible note rounds
$25.0M
Valuation cap
Reg CF · Debt · Sep 2021

Dashed amber bars are a SAFE or convertible note's valuation cap — the most it converts at, not what the company is worth.

Fundraising history

Reg CF · Debt · Sep 2021Closedvia SeedInvest
Raised $376.8K / $1.1MValuation cap $25M

Team

5 people
Sadie KurzbanFounder
Founder & Chief Executive Officer
Benjamin Kurzban
Chief Financial Officer
Samuel Karshenboym
Chief Operations Officer
Derek Flanzraich
Director
Sarah Foley
Director

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.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

Delinquent

Filed 0 of 5 annual reports (FY2021–FY2025)

Missing: 2021, 2022, 2023, 2024, 2025

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

SEC filings

  • Form C-UNov 10, 20210001881146-21-000003
    EDGAR
  • Form CSep 2, 20210001881146-21-000001
    EDGAR
  • Form C/ASep 2, 20210001881146-21-000002
    EDGAR
Source: ManualCIK 0001881146

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.