Diligence memo · auto-generated · as of July 2, 2026
Traverse Fitness Inc.
Traverse Fitness Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Traverse Fitness Inc. operates in Sports & Fitness, based in RICHMOND.
Sub-sector tags: sports-fitness.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Traverse Fitness Inc. has raised $327K in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $327K on 2019-11-03.
Most recent recorded round closed around 2019-11-03.
Valuation (modeled)modeled
Provath models Traverse Fitness Inc. at approximately $7.6M (range $218K–$86M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: 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.
Financing rhythm & timingmixed
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.
Comparablesmixed
Capital scale ranks ahead of 31% of Sports & Fitness peers (214 compared).
Modeled value ranks above 49% of those peers.
Closest niche peers: Fitness Partners Holdings PA OZ, LLC, Roam Further Athletics Holdings, LLC, Paradigm Sports Services, LLC, Fitness Partners Holdings OH OZ, LLC, Sports Engineering, Inc..
Peoplefiled
5 named people 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.