This company is no longer in business. Investors can get details about any potential exits or failures here.
Arc Footwear
[Closed for Investment] Arc Footwear, with a pre-money valuation of $8 million, is raising crowdfunding on StartEngine. The company develops multiple unique footwear brands under its umbrella and brings innovative and digitally-native brands to market. Arc Footwear is creating footwear brands with hyper-target identities in mind. Sean Clarke founded Arc Footwear in June 2020. The current crowdfunding campaign of the company has a minimum goal of $10,000 and a maximum goal of $1,070,000. Arc Footwear’s first brand, SNKR Project, has received placement in over 270 stores and reported a 400% rise in sales in March 2019. The company plans to launch two new brands, Mayvn and Omni, soon.
Investment Overview
Raised: $55,098
Deal Terms
Total Commitments ($USD)
- Platform
- StartEngine
- Start Date
- 11/20/2020
- Close Date
- 07/30/2021
$10,000
$1,070,000
$100
Equity - Common
Pre-Seed
RegCF
$5.00
$8,000,000
Company & Team
Company
- Year Founded
- 2020
- Industry
- Apparel & Fashion
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- High
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 07/30/2021 | StartEngine | $8,000,000 | $55,098 | Equity - Common | Funded | RegCF |