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101%
Raised
£126,730
Investors
193
Target
£125,000
Equity
17.44%
Pre-money valuation
£600,000

StrongHer educates and empowers women of ALL diversities and socio-demographics to take back control of their own fitness, nutrition and wellbeing and helps them to achieve the 'impossible'. Due to growth, StrongHer is raising to develop the first women's strength & conditioning facility.

  • Established brand recognised as a top workout class by London Living
  • In talks about a partnership with Under Armour
  • Social following of almost 13,000 across Instagram & Facebook
  • 615% growth in annual turnover to £43,012 in Feb '19 (Profit £7,935)

Idea

StrongHer bridges the gap between budget gyms and boutique fitness establishments to provide accessible classes, courses, workshops and social events. We’ve created an environment for women who couldn't necessarily afford to prioritise their health and/or women who struggle to find places to train for cultural or self-confidence reasons. StrongHer allows these women to be able to train for a fraction of the cost and in a safe space.

The fitness industry itself is at an all-time high worth just under £5billion and still growing at a very rapid rate. Boutique fitness is booming, with a 281% increase in the number of studios in London over the past 5 years and with the majority of these attendees being women.

Since launching our Warrior Project in March 2018, we have grown from offering one course of ten women, to six courses across London, and still hold a high fill rate in terms of course capacities. Over 250 women have taken part in the projects and many have stated that it has been life changing. In 2018, we held our first Ultimate Warrior Weekend - a ‘fitness festival’ with a difference, with nearly 100 women in attendance.

We are now seeking investment to create the first women’s only strength and conditioning facility in London.

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StrongHer has been given advance assurance by HMRC that the proposed share issue is likely to qualify for Enterprise Investment Scheme (EIS) tax relief.

Tax relief is available to individuals only, with income tax relief currently set at 30 per cent of the cost of the shares for the tax year in which the investment was made. The tax reliefs can also reduce your Capital Gains Tax bill. Read More.

Availability of tax relief depends on your individual and the company’s ongoing circumstances and applicable law.