3 Rivers Outdoor Co
About this raise
3 Rivers Outdoor Co is raising funds on Honeycomb. The company is a prominent outdoor gear business based in Pittsburgh, specializing in providing new and used outdoor gear to enthusiasts. 3 Rivers Outdoor Co offers a wide range of products for various activities such as camping, hiking, fishing, kayaking, and more, with the goal of being a community-centered resource that connects people with their love for the outdoors. They take pride in offering high-quality gear and exceptional customer service. They have been serving the Pittsburgh outdoor community for five years and were recognized as the 'Clubhouse' for building community through Outside Magazine in 2022. Christine Iksic founded 3 Rivers Outdoor Co in 2018. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $100,000. The campaign proceeds will be used for strategic investments to improve the business: 70% will be allocated to debt refinancing, 25% to digital marketing, and the remaining 5% will be invested in community programming.
Investment Overview
Invested $100,000 :
Deal Terms
Company & Team
Company
- Year Founded
- 2016
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
- Revenue +9% YoY
-
$769,839
as of FY2022
- Monthly Burn
-
$5,313
as of FY2022
-
Cash on Hand
-
$35,097
as of FY2022
- Gross Margin
-
48%
as of FY2022
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
10/23/2023 | Honeycomb | - | $100,000 | Debt | Funded | RegCF |