Macvon

Welcome to Your New Home Gym

Macvon

Welcome to Your New Home Gym

Plainsboro, NJ
Health Tech
Our mission is to create innovative, user-friendly products to help people achieve their fitness goals - no matter their experience level, or where they live. Macvon is here to bring the benefits of working out with a world-class personal trainer at the gym right home to you. We do this by providing game-changing fitness powered by artificial intelligence. Founded in 2019, we produce two home fitness gym products: Macvon Touch and Macvon Strength.

$922.44

raised
3
Investors
$34.5M
Valuation
$5.75
Price per Share
$195.50
Min. Investment
Common
Shares Offered
Equity
Offering Type
$5M
Offering Max
Reg CF
Offering

$922.44

raised
3
Investors
$34.5M
Valuation
$5.75
Price per Share
$195.50
Min. Investment
Common
Shares Offered
Equity
Offering Type
$5M
Offering Max
Reg CF
Offering

Rewards

Get rewarded for investing more into Macvon:

$195+
Investment
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
$500+
Investment
Tier 1: $500+
Receive 10% off an online product purchase.
$5,000+
Investment
Tier 2: $5,000+
Receive 10% off an online product purchase and 3% bonus shares.
$10,000+
Investment
Tier 3: $10,000+
Receive 10% off a product purchase and 6% bonus shares.
$20,000+
Investment
Tier 4: $20,000+
Receive 10% off a product purchase and 10% bonus shares.

Reasons to Invest

Per Fortune Business Insights™, the home fitness equipment market size is projected to grow from USD 10.73 billion in 2021 to USD 14.74 billion in 2028
Compound annual growth rate (CAGR) of 4.6% in the forecast period of 2028, according to Fortune Business Insights™
We are introducing Macvon Strength - where intelligent strength training with weights comes to home fitness. This new product includes all features of Macvon Touch and more, and is expected to launch in just 5 months

THE PROBLEM


Home Fitness Just Isn’t Up to Speed




Working out at home is convenient, but also has some significant challenges:

  • Total body workouts challenging, especially with limited equipment 
  • Fitness equipment takes up a lot of space
  • Difficult to do exercises with the proper form
  • Difficult or expensive to get a good personal trainer


THE SOLUTION


Game-Changing Fitness - Powered by AI 


We are here to supply a home fitness gym combined with a digital strength weight training system which mounts the wall. This means home fitness technology that is small, convenient, multi-functional intelligence.


Here’s some of our products’ specs: 


*The above graphic contains images of our beta app which is currently not available for general use.


Macvon Strength

  • Includes all the features of Macvon Touch
  • Adjustable digital weight system for strength training
  • Intelligent Weight release safety mechanism
  • Multifunctional design enables practice of both upper and lower body

Macvon Strength is our latest product and a revolutionary intelligent digital strength training machine. Using two brushless DC electric motors to generate maximum 220 pounds of resist forces, and six different function models - we believe it’s changing the game of fitness. Plus, it has two movable arms, and a touchable screen that can display fitness classes, and adjust precise digital strength. 


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*The above graphic contains images of our beta app which is currently not available for general use.
 

Macvon Touch

  • Incorporates a 43" full HD touch screen in the 65” mirror
  • Enables trainees to watch trainers perform exercises as well as watch their own reflections exercise 
  • Includes built-in camera & microphone that enables two-way communication with trainers & AI-assisted form correction
  • Bluetooth & WiFi connectivity
  • Portable



AI-Assisted Form Correction

  • Proprietary artificial intelligence motion capture technology that provides real-time, personalized feedback on how trainees can fix their form when performing exercises
  • Gives everyone who exercises at home, no matter where they live, the same advantage as working out in-person, with a top-tier trainer
  • Top fitness instructors & at-home trainees that we spoke with called this feature “game changing”



Live & On-Demand Classes

Macvon All-Access Membership is a companion monthly subscription

service that includes:

  • Over 90 live fitness classes per week
  • On-demand library of over 1,000 classes
  • Classes led by certified, world-class instructors from the country’s top fitness studios
  • Classes cover all major types of workouts such as barre, boxing, cardio, dance, HIIT,pilates, strength, stretching, toning, weight training and yoga
  • Classes range from beginner to expert levels
  • One-on-one personal training

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We have 10% margin for Macvon Touch hardware sale and 50% margin for Macvon Strength sales. The product monthly membership fee margin is 50% for each. 


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Our main profits are from our monthly subscription.

  • $39/month for Macvon Touch
  • $49/month for Macvon Strength


We project that we will sell 1 million products within 5 years - planning for the monthly membership fee to be $45 million after 5 years. 


So, the profit potential we envision is very promising. Our marketing strategy is growing our customer pool with lower price products to then make profits from the monthly subscription fee. 





THE MARKET


We Are in the Right Place at the Right Time


According to Fortune Business Insights™, the home fitness equipment market size is projected to grow from USD 10.73 billion in 2021 to USD 14.74 billion in 2028. (Source) Compound annual growth rate (CAGR) of 4.6% in the forecast period of 2028 (Source


Consumers spent approximately $3.86 billion on home fitness equipment in 2018, up from $3.76 billion the previous year. (Source) We are entering a growing market that has grown even more in the pandemic. (Source)


We believe existing smart home fitness solutions are inadequate - so being a new entrant that properly addresses these challenges will be poised to dominate this rapidly growing industry.




We believe we have had perfect timing when it comes to our market entrance.


OUR TRACTION


On the Fast Track 


When Macvon Touch launched, we sold 100+ units within 40 days under our limited marketing budget. 


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Plus, our Macvon Strength’s software and hardware was developed in just 16 months. It will be launched on the US market within the next five months.


WHY INVEST


Your Home Workout - Made Just for You 


More and more people are opting to workout at home instead of the gym.


This is typically because…

  • The COVID-19 pandemic has accelerated this trend
  • Home workouts offer unique advantages
  • Convenient. No travel, time-efficient
  • Private, workout without feeling self-conscious
  • Safe, Sanitary environment, especially during a pandemic
  • Easier to stick to fitness routine

gif4


And now, we have a home workout that is designed to cater to your body’s needs. With us, you have access to your own, AI powered, personal trainer.


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THIS WEBPAGE MAY CONTAIN FORWARD-LOOKING STATEMENTS AND INFORMATION RELATING TO, AMONG OTHER THINGS, THE COMPANY, ITS BUSINESS PLAN AND STRATEGY, AND ITS INDUSTRY. THESE FORWARD-LOOKING STATEMENTS ARE BASED ON THE BELIEFS OF, ASSUMPTIONS MADE BY, AND INFORMATION CURRENTLY AVAILABLE TO THE COMPANY’S MANAGEMENT. WHEN USED IN THE OFFERING MATERIALS, THE WORDS “ESTIMATE,” “PROJECT,” “BELIEVE,” “ANTICIPATE,” “INTEND,” “EXPECT” AND SIMILAR EXPRESSIONS ARE INTENDED TO IDENTIFY FORWARD-LOOKING STATEMENTS, WHICH CONSTITUTE FORWARD-LOOKING STATEMENTS. THESE STATEMENTS REFLECT MANAGEMENT’S CURRENT VIEWS WITH RESPECT TO FUTURE EVENTS AND ARE SUBJECT TO RISKS AND UNCERTAINTIES THAT COULD CAUSE THE COMPANY’S ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE CONTAINED IN THE FORWARD-LOOKING STATEMENTS. INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE ON THESE FORWARD-LOOKING STATEMENTS, WHICH SPEAK ONLY AS OF THE DATE ON WHICH THEY ARE MADE. THE COMPANY DOES NOT UNDERTAKE ANY OBLIGATION TO REVISE OR UPDATE THESE FORWARD-LOOKING STATEMENTS TO REFLECT EVENTS OR CIRCUMSTANCES AFTER SUCH DATE OR TO REFLECT THE OCCURRENCE OF UNANTICIPATED EVENTS.





Offering Summary


Company

:

Macvon, Inc.

Corporate Address

:

101 Morgan Lane Suite 302, Plainsboro, NJ 08536

Offering Minimum

:

$9,999.25

Offering Maximum

:

$4,999,998.75

Minimum Investment Amount

(per investor)

:

$195.50











Terms


Offering Type

:

Equity

Security Name

:

Common Stock

Minimum Number of Shares Offered

:

1,739

Maximum Number of Shares Offered

:

869,565

Price per Share

:

$5.75

Pre-Money Valuation

:

$34,500,000.00











Voting Proxy

Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.

*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.

Company Perks*

Investment Incentives and Bonuses*

Time-Based

Friends and Family Early Birds

Invest within the first 120 hours (5 days) and receive an additional 15% bonus shares.

Super Early Bird Bonus

Invest within the next week and receive an additional 10% bonus shares

Early Bird Bonus

Invest within the following week and receive an additional 5% bonus shares.

Amount-Based

Tier 1: $500+

Receive 10% off an online product purchase. 

Tier 2: $5,000+ 

Receive 10% off an online product purchase and 3% bonus shares. 

Tier 3: $10,000+

Receive 10% off a product purchase and 6% bonus shares. 

Tier 4: $20,000+

Receive 10% off a product purchase and 10% bonus shares. 

*All perks occur when the offering is completed.

The 10% StartEngine Owners' Bonus

Macvon Inc. will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Class B Common Stock at $5.00 / share, you will receive 110 shares of Class B Common Stock, meaning you'll own 110 shares for $500. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are cancelled or fail.

**Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.

Irregular Use of Proceeds

Example - The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments and salary made to one's self, a friend or relative; Any expense labeled "Administration Expenses" that is not strictly for administrative purposes; Any expense labeled "Travel and Entertainment"; Any expense that is for the purposes of inter-company debt or back payments.

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Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$365,992.00 USD
$0.00 USD
Cash And Cash Equivalents
$18,081.00 USD
$0.00 USD
Accounts Receivable
$0.00 USD
$0.00 USD
Short Term Debt
$0.00 USD
$0.00 USD
Long Term Debt
$0.00 USD
$0.00 USD
Revenues And Sales
$102,180.00 USD
$0.00 USD
Costs Of Goods Sold
$32,089.00 USD
$0.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$173,891.00 USD
$0.00 USD

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


Updates

Macvon Early Bird Opportunity!

about 2 months ago

Friends and Family -  15% bonus shares for the first 5 days of the campaign

Super Early Bird - 10% bonus shares for a week

Early Bird - 5% bonus shares for a week

Show More Updates End of Updates

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