Flat Out of Heels

Flat Out of Heels

Early Stage

The Solution to Stiletto Sore Feet

The Solution to Stiletto Sore Feet

Overview

Raised to Date: Raised: $249,299

Total Commitments ($USD)

Platform

StartEngine

Start Date

04/08/2021

Close Date

10/04/2021

Min. Goal
$9,994
Max. Goal
$249,992
Min. Investment

$160

Security Type

Equity - Common

Series

Series C

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$22.87

Pre-Money Valuation

$6,001,248

Rolling Commitments ($USD)

Status
Funded
Reporting Date

10/30/2021

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$1,393

# of Investors

667

Momentum
Funded
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Year Founded

2011

Industry

Apparel & Fashion

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Miami Beach, Florida

Business Type

Growth

Flat Out of Heels, with a pre-money valuation of $6 million, is raising funds on StartEngine. The company makes rollable ballet-style flats that can either be used as an emergency flat or worn every day. The shoes can be rolled and kept in purses due to their compact design. Dawn Dickson founded Flat Out of Heels in 2011. The current crowdfunding campaign has a minimum target of $9,994 and a maximum target of $1,069,995, and the funds will be used to fund growth and expansion. Flat Out of Heels has been promoted by celebrities like Swin Cash and Eva Longoria and featured in publications such as CNN, Yahoo, Huffington Post, and Forbes.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$13,492

$48,135

COGS

$1,691

$22,112

Tax

$0

$0

 

 

Net Income

$22,766

$-7,734

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$678

$3,893

Accounts Receivable

$0

$0

Total Assets

$20,595

$4,834

Short-Term Debt

$180,676

$187,680

Long-Term Debt

$0

$0

Total Liabilities

$180,676

$187,680

Financials as of: 04/08/2021
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Flat Out of Heels on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $6,001,248
Price per Share: $22.87

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