Companies · Sports & Fitness

Traverse Fitness Inc.

RICHMOND · Sports & Fitness · refined from filed group “Other

Diligence memoA one-page analyst read on Traverse Fitness Inc. — recommendation, valuation, rhythm, risks.
$327K
Total raised · real
1
Rounds
Latest step-up
Top 70%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Sun Nov 03 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

Traverse Fitness Inc. looks fair against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 1.01× the median modeled value of Pre-Seed Sports & Fitness companies in 2019–2021 (22 peers) — value vs value, same stage and era.
  • Within the normal band (101% of peer median) for its niche.
Dormant
  • Last raise 6.7 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.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Sports & Fitness

Traverse Fitness Inc. is one of 214 Sports & Fitness companies tracked from RICHMOND. By capital raised it ranks in the long tail (ahead of 31% of sector peers), and mid-pack by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

sports-fitness

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 504
Reg D exemption
19
Investors (latest)
2019
Year incorporated
2019-11-03
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$2.5M$5.0M$7.5M$10MPre-Seed · 2019-11-03 Raised $327K (real) Modeled valuation $7.6M (est)$327K$7.6MPre-Seed2019

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Pre-Seed$327K · 2019

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$7.6M
Base estimate est.
$218K
Conservative case
$85.8M
Upside case
$1.8M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seeda round under $1.0M). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
30%
Survival probability
12% low · 55% high
1.55×/yr
Annual markup
2.10×/yr upside case
6.0 yr
Elapsed time used
6.7 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
6.7 yr
On record since
2019
First round
1
Rounds on file
How it compares to the market

Benchmarked against 214 companies in Sports & Fitness. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 0.2× of median
This company$327K
Sector median$1.8M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 1.0× above median
This company$327K
Sector median$327K
Modeled value — vs sector median (estimate, all stages) 0.7× of median
This company$7.6M
Sector median$11.6M

Raised more than 31% of sector peers (real $). Modeled value above 49% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-Seed) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #11 of 22.

This companyCohort peer
$1.0M$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)Fitness Partners Holdings PA OZ, LLC · Pre-Seed Raised $1.0M · modeled $23.1M (est)Roam Further Athletics Holdings, LLC · Pre-Seed Raised $1.0M · modeled $23.1M (est)Paradigm Sports Services, LLC · Pre-Seed Raised $1.0M · modeled $22.4M (est)Fitness Partners Holdings OH OZ, LLC · Pre-Seed Raised $750K · modeled $17.3M (est)Sports Engineering, Inc. · Pre-Seed Raised $669K · modeled $15.5M (est)Virtual Fitness Technologies, Inc · Pre-Seed Raised $652K · modeled $14.9M (est)FrontRow Sports, Inc. · Pre-Seed Raised $500K · modeled $11.6M (est)Ollie Sports, Inc. · Pre-Seed Raised $500K · modeled $10.6M (est)E-Sports Ventures, Inc. · Pre-Seed Raised $850K · modeled $10.4M (est)Elite Fitness, LLC · Pre-Seed Raised $500K · modeled $7.7M (est)Gotta Sports, Inc. · Pre-Seed Raised $500K · modeled $7.4M (est)Traverse Fitness Inc. (this company) Raised $327K · modeled $7.6M (est)Traverse Fitness Inc.
CompanyStageRaised · realValue · estvs peer med.
Fitness Partners Holdings PA OZ, LLCPre-Seed$1.0M$23.1M3.09×
Roam Further Athletics Holdings, LLCPre-Seed$1.0M$23.1M3.09×
Paradigm Sports Services, LLCPre-Seed$1.0M$22.4M3.00×
Fitness Partners Holdings OH OZ, LLCPre-Seed$750K$17.3M2.32×
Sports Engineering, Inc.Pre-Seed$669K$15.5M2.06×
Virtual Fitness Technologies, IncPre-Seed$652K$14.9M1.99×
FrontRow Sports, Inc.Pre-Seed$500K$11.6M1.54×
Ollie Sports, Inc.Pre-Seed$500K$10.6M1.41×
E-Sports Ventures, Inc.Pre-Seed$850K$10.4M1.40×
Elite Fitness, LLCPre-Seed$500K$7.7M1.02×
Traverse Fitness Inc. this companyPre-Seed$327K$7.6M1.01×
Gotta Sports, Inc.Pre-Seed$500K$7.4M0.99×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Pre-Seed$327K2019-11-03$1.8M$7.6M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Pre-Seed$327K2019-11-03
    • First recorded raise — entered as Pre-Seed.
    • 19 investors on this round.
Intelligence
Modeled next raise
$524K
Modeled next size est.range $340K$838K
Last step-up
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Troy Helming1 other2019-11
Niki Michael Mehan2019-11
Rocio Surai Ferrari2019-11
Sean Michael Bryan2019-11
Sean Stephen Grimm2019-11
Registry & provenance

Traverse Fitness Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1797353
SEC CIK
2019
Incorporated
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Pelo Fitness Russian Hill, LlcSports & FitnessPre-Seed$325K$7.5Msame sector · same stage
Rewire Fitness, Inc.Sports & FitnessPre-Seed$320K$1.3Msame sector · same stage
Pickle Athletics LLCSports & FitnessPre-Seed$345K$1.1Msame sector · same stage
Cadet Athletic Performance LLCSports & FitnessPre-Seed$310K$734Ksame sector · same stage
Edge Up Sports, LLCSports & FitnessPre-Seed$350K$8.1Msame sector · same stage
Ranger Fitness Boylston LLCSports & FitnessPre-Seed$350K$1.8Msame sector · same stage
Sustainable Fitness Inc.Sports & FitnessPre-Seed$350K$8.1Msame sector · same stage
Alpha Fitness LLCSports & FitnessPre-Seed$300K$6.9Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Moonwalk Fitness Inc.Sports & FitnessSeed$14.5M84%
Sustainable Fitness Inc.Sports & FitnessPre-Seed$8.1M84%
Fitness Ventures International, LLCSports & FitnessSeries A$86.0M83%
MW Fitness Holdings, LLCSports & FitnessSeed$20.7M83%
BM Fitness Group, Inc.Sports & FitnessPre-Seed$1.0M83%
Alpha Fitness LLCSports & FitnessPre-Seed$6.9M83%
BM Fitness Group, LLCSports & FitnessSeed$2.8M83%
Elite Fitness, LLCSports & FitnessPre-Seed$7.7M82%
Frequently asked
How much funding has Traverse Fitness Inc. raised?
Traverse Fitness Inc. has raised approximately $327K in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Traverse Fitness Inc.'s estimated valuation?
Provath's modeled valuation for Traverse Fitness Inc. is approximately $7.6M (modeled range $218K–$85.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Traverse Fitness Inc. at?
Traverse Fitness Inc.'s latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Sun Nov 03.
What does Traverse Fitness Inc. do and where is it based?
Traverse Fitness Inc. operates in the Sports & Fitness sector, based in RICHMOND.
Explore related

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