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The Axle Workout

Operating

Axle Workout Inc.

Sports & Recreation · New York, DE · Founded 2016

Visit website

Improve life expectancy with better body composition

Valuation cap ⓘ
$11.0M
As of May 2022 · from Reg CF Offering (2021) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$294,968
Crowd $143K · Private $152K · 2 rounds since 2020

Financials

FY2019–FY2021 · from SEC filings · hover any figure for its source
$263K
−$37K
2019
$680K
−$111K
2020
$149K
−$477K
2021
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2019 reviewed*
FY2020 reviewed*
FY2021
Income statement
Revenue
$262,723
$680,196
$148,621
Cost of goods sold
$117,797
$355,530
$211,165
Gross margin
55%
48%
-42%
Net income
-$37,309
-$110,724
-$476,577
Taxes paid
$0
$0
$0
Balance sheet
Cash
$21,343
$41,409
$62,116
Accounts receivable
$0
$6,310
$0
Total assets
$289,237
$569,863
$189,029
Short-term debt
$79,218
$112,876
$508,956
Long-term debt
$157,567
$515,259
$574,320
Total liabilities
$236,785
$628,135
$1,083,276
Other
Headcount
—
0
0

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
$11.0M
Valuation cap
Reg CF · SAFE · Nov 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 · SAFE · Nov 2021Closedvia Republic
Raised $143K / $1.1MInvestors 114Valuation cap $11M

Team

2 people
Andrew Page
Chief Executive Officer
Anuj Patel
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Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.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

Not requiredFiled Form C-TR (terminated reporting)

Filed 1 of 5 annual reports (FY2021–FY2025)

114 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 C-TRMay 5, 20220001873895-22-000004
    EDGAR
  • Form C-UMay 3, 20220001691692-22-000002
    EDGAR
  • Form C-ARMay 2, 20220001747803-22-000008
    EDGAR
  • Form C/AFeb 14, 20220001857848-22-000001
    EDGAR
  • Form C/ADec 14, 20210001857848-21-000003
    EDGAR
  • Form CNov 30, 20210001857848-21-000002
    EDGAR
Source: ManualCIK 0001857848DE

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.