This site uses cookies. By using this site you agree to receiving cookies. View Policy.

125%

WELD is an accessible on-demand health, fitness and wellbeing platform for all ages & abilities. Instructors teach both on & offline – renting out home/business spaces – and users get 2% referral rewards. WELD aims to improve their platform, boost marketing and plug the fitness & wellness gap.

  • 610+ users, including 110 health pros! 100+ activities (w/ no marketing spend)
  • Team track record of building successful global businesses
  • Referral scheme for customers – 2% cashback per referral in perpetuity
  • Platform built & ready. Focusing on online sessions during lockdown

Idea

In our view the health & wellbeing market is split into separate segments. Big brands dominate, offering a standard catch-all service while taking a big cut from instructors. This limits the market to a particular group and competition for these customers is fierce.

WELD makes health and wellbeing personal by offering a wealth of on- and offline activities, all via our free app. It was founded after the founder survived cancer and realised the urgent need for accessible physical & mental health services.

Users and instructors name the time and place, rent out their home or commercial spaces for activities, or just interact 1-2-1 online.

This approach helps personal trainers hit by the Covid-19 lockdown find clients. They’re also free to set their own prices and keep 90% of their fees. Meanwhile, customers enjoy a 2% commission on referrals for every future session taken in perpetuity.

WELD taps into the $94bn global fitness and wellness market, which grew 8.7% from 2018/19. The £5.1bn UK market – where 1/7 people go to the gym and 230k use personal trainers – grew 4% over the same period.

Our primary target audience is Generation Z, who are known for being an active generation which has strongly embraced wellness.

As well as providing a marketing boost, funding will help us to improve WELD’s design, functionality and algorithms, and bridge the gap between fitness and wellness.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

To see the rest of the WELD pitch, join now. It's free, quick and easy.

Due to financial regulations, you need to join our community to view the full investment opportunity.

Join

Already registered? Log in

This pitch is approved by Crowdcube

This pitch is approved as a financial promotion by Crowdcube Capital Limited. Every pitch on Crowdcube is reviewed to ensure it is fair, clear and not misleading.

As part of our commitment to investor transparency, Crowdcube’s Due Diligence Charter outlines the analysis and verification that is conducted on equity fundraises on Crowdcube by our legal and compliance professionals.

Read more

Risk warning

Investments of this nature carry risks to your capital, including illiquidity, lack of dividends and dilution. Balance risk with a diversified portfolio. Read more. Approved as a financial promotion by Crowdcube Capital Limited, which is authorised and regulated by the Financial Conduct Authority.

Investment opportunities are not offers to the public and investors must be eligible Crowdcube members. Further restrictions and Crowdcube's limitation of liability are set out in the Investor Terms and Conditions. Please seek independent advice as required as Crowdcube does not give investment or tax advice.

WELD 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.