Arc Footwear

Early Stage

Building shoe brands for every niche

Analytics

Raised to Date: Raised: $55,098

Aggregate Commitments $

Platform

StartEngine

Start Date

11/20/2020

Close Date

07/30/2021

Min. Goal

$10,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

Equity - Common

Funding Type

RegCF

Series

Pre-Seed

Price Per Share

$5.00

Pre-Money Valuation

$8,000,000

Rolling Commitments $

Status
Funded
Reporting Date

08/01/2021

Days Remaining
Funded
% of Min. Goal

551%

% of Max. Goal

5%

Likelihood of Max
Funded
Avg. Daily Raise

$219

Momentum
Funded
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Location

New York, New York

Industry

Apparel & Fashion

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Business Type

Growth

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.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 11/20/2020
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Arc Footwear on StartEngine
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Platform: StartEngine
Security Type: Equity - Common
Valuation: $8,000,000

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