Diligence memo · auto-generated · as of July 2, 2026
Drop Fitness, Inc.
Drop Fitness, Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Drop Fitness, Inc. operates in Sports & Fitness, based in MONTVALE.
Sub-sector tags: sports-fitness.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Drop Fitness, Inc. has raised $7.3M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $7.3M on 2021-03-08.
Most recent recorded round closed around 2021-03-08.
Valuation (modeled)modeled
Provath models Drop Fitness, Inc. at approximately $90M (range $10M–$420M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.89× the median modeled value of Series A Sports & Fitness companies in 2019–2021 (8 peers) — value vs value, same stage and era. Within the normal band (89% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 5.3 yr ago; this sector typically re-raises about every 14 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 79% of Sports & Fitness peers (214 compared).
Modeled value ranks above 87% of those peers.
Closest niche peers: Bullpen Sports Network, Inc., GreenPark Sports, Inc., 305 Fitness, Inc., Athletic Greens International, Inc., Phoenix Sports Partners LLC.
Peoplefiled
1 named person on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.