Circuit City Corporation
About this raise: Circuit City Corporation, with a valuation of $187.5 million, is raising funds on Republic via Reg D 506(c) raise. The company has developed a personalized e-commerce platform that uses AI to enhance the shopping experience of consumers. Circuit City sells electronic products and launches brands online and in-store. The company has shipped 750,000 orders and generated $140 million in sales since its relaunch in 2018. Ronny Schmoel founded Circuit City Corporation in 1949. The current crowdfunding campaign has a maximum target of $4 million. The campaign proceeds will be used for growth and expansion.
Investment Overview
Invested : $454,900
Deal Terms
- Platform
- Republic
- Start Date
- 06/25/2024
- Close Date
- 09/26/2024
$2,500
$4,000,000
$2,500
Equity - Common
Series A
RegD 506(c)
$5.00
$187,500,000
Company & Team
Company
- Year Founded
- 1949
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- High
Financials
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $10,000,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 09/26/2024 | Republic | $187,500,000 | $454,900 | Equity - Common | Funded | RegD 506(c) |