Crowdonomics
All companies
WeStrive logo

WeStrive

Operating

PerFIcT Inc.

Healthcare · Los Angeles, CA

Personal Training SAAS/Marketplace Model Be a part of the future of personal training

Valuation cap ⓘ
$4.0M
As of Mar 2020 · from Reg CF Offering (2019-08-30) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$156,077
Crowd $115K · Private $42K · 7 rounds since 2016
Latest share price
$15.00
Reg CF · Common Stock · Apr 2019 offering price

Financials

FY2015–FY2018 · from SEC filings · hover any figure for its source
$0
−$4K
2015
$0
−$47K
2016
$0
−$26K
2017
$0
−$49K
2018
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2015 unaudited*
FY2016 unaudited*
FY2017 reviewed
FY2018 reviewed
Income statement
Revenue
$0
$0
$0
$0
Cost of goods sold
$0
$0
$0
$0
Net income
-$3,939
-$47,417
-$25,964
-$48,870
Taxes paid
$0
$0
$0
$0
Balance sheet
Cash
$0
$0
$0
$10,415
Accounts receivable
$0
$0
$0
$0
Total assets
$0
$0
$0
$10,415
Short-term debt
$0
$0
$0
$0
Long-term debt
$0
$0
$0
$0
Total liabilities
$0
$0
$0
$0
Other
Headcount
—
6
3
1

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

Pre-money — the valuation set before each round’s money came in
$1.4M
pre-money
$1.4M
pre-money
$1.3M
pre-money
$4.0M
Valuation cap
Reg CF · Common · Dec 2017
Reg CF · Common · Jul 2018
Reg CF · Common · Apr 2019
Reg CF · SAFE · Aug 2019

Blue bars are the pre-money valuation the company stated for a priced round. Dashed amber bars are a SAFE or convertible note's valuation cap — the most it converts at, not what the company is worth, so don't compare them with the other bars.

Share price over rounds

$15.00$7.50$3.00
May 2016Apr 2019
Round offering price or verified disclosed saleDisclosed sale, unverified or year-only

Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines.

Fundraising history

Reg CF · SAFE · Aug 2019Closedvia WeFunder
Raised $54.8K / $500KInvestors 96Valuation cap $4M
Raised $1.6K / $38.8KInvestors 3Post-money $1.3M
Raised $28.7K / $83.1KInvestors 51Post-money $1.4M
Raised $29.5K / $107KInvestors 64Post-money $1.4M

Team

8 people
Cory FaulknerFounder
CEO, Founder, & Director

After graduating from Eastern Washington University in 2015 with a BA in Accounting, Cory continued his career at Northwestern Mutual from the internship he had while in college. In the beginning of 2016, Cory decided he would leave his career as a Financial Representative to pursue the app full time. Cory has been heavily involved in the fitness industry for years and has been the CEO and a member of the Board of Directors since this idea formed back in 2015.

Cy ZellnerFounder
Vice President & Director

Cy Zellner managed a gym in East Wenatchee, WA for three years out of High School while taking Community College classes. He left the gym in 2015 to finish off his degree at Eastern Washington University in Marketing which he finishes during the 2017-2018 school year. Cy has been involved with every aspect of the app since its inception, is our in-house photographer, and has years of gym management experience. He is involved in everything from the photos, videos, articles, and more that are uploaded to the app. Cy has been our Vice President and a member of the Board of Directors since the idea hatched on July 15th, 2015.

Sean DalyFounder
Branding & Director

Sean worked in the role of Business Development at Mushi Digital in Los Angeles from March 2014-December 2014. He left Los Angeles to move to Spokane, WA and accepted a role in Strategic Partnerships at Uxilliary, a Web/App development company. After a few months at Uxiliary Sean landed a dream job at TBWA/Chiat/Day back in Los Angeles. Here, Sean worked on the Advertising for companies such as Southwest Airlines, Gatorade, and Twitter through his eventual role as an Associate Brand Manager. After almost two years at TBWA/Chiat/Day, Sean accepted a higher roll at the Advertisement company, Deutch, and has been working there ever since as an Account Executive for the Uber account. Sean is a branding expert with experience advertising for companies like Uber, Twitter, and Gatorade. Sean has been our branding lead and a member of the Board of Directors since the PerFIcT App idea hatched on July 15th, 2015.

Cory McKaneFounder
CEO/Founder
Andrew Vasylyk
App Development Lead

Andrew has years of experience working as the CTO of tech companies and is the Co-Founder of Safari Juice Inc. and StartupSoft.

Ian Bouchard
Trainer Acquisition

Ian has been on our team for the past year and leads our trainer acquisition for the app.

Lauren Murphy
Social Media Manager

Lauren is the Social Media Coordinator of the Acorns app, and has previously run the social media accounts for companies like Hotels.com and TransAmerica.

Mary Dusan
Project Manager

Mary handles StartupSoft's day-to-day design/development of the PerFIcT app. She does an outstanding job updating our team on the progress of the app as well as adding design ideas of her own.

Names and titles as disclosed on StartEngine, 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 9 annual reports (FY2017–FY2025)

Missing: 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025

96 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 CAug 30, 20190001670254-19-000492
    EDGAR
  • Form CApr 4, 20190001665160-19-000335
    EDGAR
  • Form C-UOct 3, 20180001665160-18-001026
    EDGAR
  • Form C-UAug 21, 20180001665160-18-000838
    EDGAR
  • Form CJul 31, 20180001665160-18-000744
    EDGAR
  • Form C-UFeb 21, 20180001665160-18-000121
    EDGAR
  • Form CDec 20, 20170001665160-17-000698
    EDGAR
Source: ManualCIK 0001725162DEShare price $15.00

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.