Copdate

Copdate

Early Stage

Copdate lets you reserve highly-anticipated sneakers & sought-after products right on your phone. Skip the lines, the headaches, and the anxieties of big release days.

Copdate lets you reserve highly-anticipated sneakers & sought-after products right on your phone. Skip the lines, the headaches, and the anxieties of big release days.

Overview

Raised to Date: Raised: $16,000

Total Commitments ($USD)

Platform

SeedInvest

Start Date

10/16/2017

Close Date

01/23/2018

Min. Goal
$250,000
Max. Goal
$500,000
Min. Investment

$500

Security Type

Equity - Preferred

SEC Filing Type

RegCF / RegD 506(c)    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$3,500,000

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

01/20/2018

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$162

Momentum
Not Funded
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Year Founded

2017

Industry

Apparel & Fashion

Tech Sector

Location

Dover, Delaware

Being a sneakerhead these days can be tough. From fighting bots, waiting in huge lines, or getting beat by re-sellers, copping heat is no easy feat.

However, have no fear - Copdate is here! And they plan to revolutionize the world of sneaker releases. Here’s how it works: download the Copdate app and follow the shops you want. When your sneaker drops, you get a notification on your phone. You can then either choose to “cop” (buy) the shoe or skip it. If you cop it, you get a reservation number, and all you have to do is show up on release day. Getting your first - or tenth - pair of Yeezys just got a whole lot easier.

In the past few years, the sneaker world has exploded. The market for athletic footwear is currently worth $26 billion and is expected to reach $279 billion by 2025. The secondary sneaker-resale market - comprised of all those frustrating bots and organized re-sellers - generated an estimated $1.25 billion in 2016 and is growing rapidly. Copdate wants to disrupt that. They want to make sure more sneakerheads have more easy, quick, and reliable access to the shoes they want when they’re released.

And so far, they’ve hit the ground running. They’re currently the only player in the market. While Footlocker, Adidias, and Nike have in-house versions of the app, they’re not brand-agnostic. Copdate, on the other hand, works directly with retailers to sell multiple brands, and they’ve already established relationships with places like Packer, BAPE, Atmos, and Renarts (just to name a few). Plus, they’ve grown to 120,000 users since launching the app in July 2016. They also have big plans beyond shoes. Once they get a secure foothold in the sneaker space, they hope to grow into other areas like fashion, music, and food.

With Copdate, copping heat has never been easier. Sneakerheads everywhere can finally get the kicks they want, when they want them. Copdate is leading the sneaker revolution - one release day and Yeezy at a time.

“Who Should Be Interested in this Offering”
If you’re a sneakerhead frustrated with fighting with bots and waiting in line to get your shoes, or if you’re a retailer looking to reach more customers, then Copdate might just be the app you’ve been searching for. Helping both customers and sellers get what they need and want, this investment could help you not only (finally) cop those sneakers you’ve been waiting for, but also completely disrupt the world of sneaker sales. Be a sneaker revolutionary - invest in Copdate to help your sneaker collection grow, your retail profit increase, and watch your investment rise.
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Copdate on SeedInvest
Platform: SeedInvest
Security Type: Equity - Preferred
Valuation: $3,500,000
Price per Share: $1.00

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Warning: according to the close date for this deal, Copdate may no longer be accepting investments.

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