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Zomo-fit

Powering fitness creators online with an all-in-one streaming platform
LGBTQIA+ Founders Fitness AAPI Founders B2B Apps
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Pitch Discussion 4 Updates 2 Reviews 1
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Problem Solution Product Traction Customers Biz. model Market Competition Vision and strategy Funding Founders
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Republic (OpenDeal Portal LLC, CRD #283874) is considering hosting this Reg CF securities offering by Zomo fit corp.
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Highlights


  • 5-year projections indicate $100M ARR + 10K creators
  • Founding Team: ex-Obama Appointee @ Pentagon; Tesla; MapMyFitness
  • CTO is former tech lead at MapMyFitness, which sold for $150M
  • AI Fitness Tracker prototype gives Fitbit-level data using just a camera
  • AI also to power relevant affiliate & targeted ad network
  • Virtual fitness market worth $6.04B in '19, projected to hit $59.23B by '27

Problem



The virtual fitness market is exploding, and projected to be worth $59B in 2027—but a majority of the market is completely untapped. There are over 340,000 fitness creators in the US, and many of them are producing incredible content. Unfortunately, they still struggle to build their business due to a lack of software solutions.

Solution


We knew there had to be a better way for fitness creators to build their online business…so we created it. Zomo’s mobile-first platform allows fitness creators to focus on their moneymaker: livestreaming and on-demand classes. Using Zomo, fitness creators have unlimited potential to grow their brand and monetize their content. $120k per year? No sweat.


Product


Zomo is the easiest platform for fitness creators to monetize their livestreams and courses, and accept payments. We’re also the best platform to scale a fitness business! Everything a creator needs to grow online successfully with high participant engagement is available in our app, all at the touch of a button.


Traction



How do we know Zomo is the solution the industry has been waiting for? We asked the experts. Zomo was created in partnership with fitness creators, FOR fitness creators, to compete in the $59B virtual fitness market. To date, we’re being used by 25+ creators, we’ve experienced 20% monthly growth—and we’re adding an average of 2 creators per day organically.


Customers


By seamlessly combining all aspects of ecommerce into a single app, we make it easy for fitness creators to grow their digital empire.  

And using Zomo, fitness creators are capitalizing on unique livestreamed fitness experiences with rave reviews:

Business model



Using Zomo’s seamless platform, fitness creators can monetize their audience with on-demand courses, livestreamed classes, and merchandise.

It’s the ideal dual revenue model:

- Charging a fee on creators’ gross merchandise value (10%)

- Charging for a premium SaaS offering (starting at $29 a month)

Market



The meteoric rise of virtual-only fitness apps has shown that fitness classes of the future will be virtual. 66% of consumers prefer digital fitness to in-person gym options, and the growth of the virtual fitness industry proves it. This makes Zomo’s total addressable market massive and currently underserved.


Competition



While it’s true there are B2C platforms like Moxie & Recess.tv, they’re only intended for fitness instructors and trainers to lead digital classes. Zomo is one of the only B2B mobile-first app with consolidated tools for creators to launch an entire digital fitness brand seamlessly.

Vision and strategy



Gyms and fitness studios as we know them are swiftly becoming a relic of the past. A staggering 59% of gym-goers don’t plan to renew their memberships post-pandemic. Additionally, the online fitness market hit north of $6B in 2019 and is expected to grow at a CAGR of over 33% from 2020 to 2027, which positions us to scale rapidly.


We’re harnessing the power of AI to create a livestreaming workout experience like no other. Using nothing more than the participant’s camera, our AI fitness tracker will analyze form and allow creators to more accurately gamify their classes. Zomo’s creators and their participants will grow addicted to the personalization, engagement, and accountability built into this software, making other fitness apps obsolete.


Funding



Our illustrious investors include members of the Zomo community, as well as one of Tesla’s top engineers. All pre-campaign-launch investments are held in SAFE notes.


Founders


Our founders know a thing or two about launching and scaling ventures—as a group, they’ve founded 7+ startups and have illustrious tech backgrounds. Now, they’re ready to put their growth mindset to work for our investors!


Documents

Republic (OpenDeal Portal LLC, CRD #283874) is considering hosting this Reg CF securities offering by Zomo fit corp.

About Zomo-fit

Legal Name
Zomo fit corp
Founded
Nov 2020
Form
Delaware Corporation
Employees
2
Website
zomo.fit
Social Media
Headquarters
Google Map location of of Zomo-fit
464 West 44th Street 1 , New York, NY
Headquarters
464 West 44th Street, 1, New York, NY, United States 10036

Zomo-fit Team
Everyone helping build Zomo-fit, not limited to employees

Profile picture of Arnab Raychaudhuri
Arnab Raychaudhuri
Founder and CEO
3x Founder, Obama Appointee, Pentagon, Techstars ‘17
Profile picture of Jeremy Schwartz
Jeremy Schwartz
CTO
3x Founder, Tech Lead MapMyFitness Sold for $150M
Profile picture of Prithviraj  Udaya
Prithviraj Udaya
Head of Growth
1x Founder, Scaled Nestaway’s GMV from $12M to $36M
Arnab Raychaudhuri
Founder and CEO
Jeremy Schwartz
CTO
Prithviraj Udaya
Head of Growth

FAQ

How do I earn a return?

How do I earn a return?

We are using Republic's Crowd SAFE security. Learn how this translates into a return on investment here.

What must I do to receive my equity or cash in the event of the conversion of my Crowd SAFE?

What must I do to receive my equity or cash in the event of the conversion of my Crowd SAFE?

Suppose the Company converts the Crowd SAFE as a result of an equity financing. In that case, you must open a custodial account with the custodian and sign subscription documentation to receive the equity securities. The Company will notify you of the conversion trigger, and you must complete necessary documentation within 30 days of such notice. If you do not complete the required documentation with that time frame, you will only be able to receive an amount of cash equal to (or less in some circumstances) your investment amount. Unclaimed cash will be subject to relevant escheatment laws. For more information, see the Crowd SAFE for this offering.


If the conversion of the Crowd SAFE is triggered as a result of a Liquidity Event (e.g. M&A or an IPO), then you will be required to select between receiving a cash payment (equal to your investment amount or a lesser amount) or equity.  You are required to make your selection (and complete any relevant documentation) within 30 days of such receiving notice from the Company of the conversion trigger, otherwise you will receive the cash payment option, which will be subject to relevant escheatment laws. The equity consideration varies depending on whether the Liquidity Event occurs before or after an equity financing. For more information, see the Crowd SAFE for this offering.

Still have questions? Check the discussion section.

Discussion

Ask questions and share feedback with the Zomo-fit team below. If you have support related questions for Republic, please contact investors@republic.co.
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