Circuit City Corporation

Circuit City Corporation

Growth Stage

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Overview

Raised this Round: Raised: $431,900

Platform

Republic

Start Date

06/24/2024

Close Date

09/02/2024

Min. Goal
$2,500
Max. Goal
$4,000,000
Min. Investment

$2,500

Security Type

Equity - Common

Series

Series A

SEC Filing Type

RegD 506(c)    Open SEC Filing

Price Per Share

$5.00

Pre-Money Valuation

$187,500,000

Year Founded

1949

Industry

Consumer Products, Goods & Services

Tech Sector

MarketplaceTech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Location

Richmond, Virginia

Business Type

Growth

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.
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Circuit City Corporation on Republic 2024
Platform: Republic
Security Type: Equity - Common
Valuation: $187,500,000
Price per Share: $5.00

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