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The Axle Workout

Reg CF · SAFE · Nov 2021

ClosedReached targetReg CFSAFE
via Republic · last checked Oct 8, 2026View campaign
Raised
$143K / $1.1M max
13% of ceiling · target hit day 44
Investors
114
$1.3K avg
Valuation cap
$11M
cap, not an agreed valuation

Raised over time

Cumulative raisedInvestors
$143K$71K$0
114570
Nov 30, 2021 · openedMay 1, 2022 · last reading
Target ($25K) hit — Jan 13, 2022, day 44Deadline Apr 30, 2022

Left axis: cumulative dollars raised. Right axis: cumulative investors. Live figures via Republic, last checked Oct 8, 2026; investor counts may lag the platform by up to a day.

Financials disclosed in this offering

FY2019–FY2020 · hover for source
$263K
−$37K
FY2019
$680K
−$111K
FY2020
RevenueNet income
Metric
FY2019 reviewed*
FY2020 reviewed*
Income statement
Revenue
$262,723
$680,196
Cost of goods sold
$117,797
$355,530
Gross margin
55%
48%
Net income
-$37,309
-$110,724
Taxes paid
$0
$0
Balance sheet
Cash
$21,343
$41,409
Accounts receivable
$0
$6,310
Total assets
$289,237
$569,863
Short-term debt
$79,218
$112,876
Long-term debt
$157,567
$515,259
Total liabilities
$236,785
$628,135
Other
Headcount
—
0

The fiscal years the issuer disclosed in this offering’s filing, as filed. Full history on the company page.

Amendments to this offering

2 amendments
  1. Feb 14, 2022
    Terms not yet extracted from this filing
    Form C/A on EDGAR ↗
  2. Dec 14, 2021
    Terms not yet extracted from this filing
    Form C/A on EDGAR ↗

Each line compares the amendment with the previous filing of this offering. The quoted reason is the issuer’s own statement from the Form C/A.

Deal terms

Valuation cap$11M
Conversion discount20%

Perks

Invest $100 receive own a part of The Axle Workout & 10 "First class free" passes for friends$100+

Offering details

Target$25,000
Max$1,070,000
Min investment$100
OpenedNov 30, 2021
DeadlineApr 30, 2022
ClosedMay 1, 2022
Days active152

Links & provenance

Campaign pageSEC filingRepublic listing
Source: Manual
0001857848-21-000002
Last synced Sep 30, 2026

About this data. Raised amounts and investor counts come from the platform listing and may lag or be restated; SEC-reported totals can differ until the next Form 1-Z/C-U. Post-money valuation is computed as pre-money plus amount raised and is shown once the round closes — it is not a traded price. Financial statements are as reported by the issuer. 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.