GarageSkins (2017)
About this raise
GarageSkins, with a valuation of $4 million, is raising funds on StartEngine. The company offers an innovative solution for homeowners looking to beautify their garage doors. GarageSkins has developed a patented real wood garage door overlay system that allows homeowners to transform their ordinary garage doors into high-end designer doors quickly and affordably. The system features a DIY "snap on" magnetic installation, using lightweight underlayments bonded with real wood veneers. Rick Medlen founded GarageSkins in December 2014. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $100,000. The campaign proceeds will be used for further testing and prototypes, marketing, and working capital.
Investment Overview
Invested : $100,000
Deal Terms
- Platform
- StartEngine
- Start Date
- 08/19/2017
- Close Date
- 11/17/2017
$10,000
$100,000
$250
Convertible Note
Early Stage
RegCF
$4,000,000
0%
Company & Team
Company
- Year Founded
- 2014
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Location
- Albany, Oregon
- Company Website
-
Visit Website
Team
Financials
-
Revenue
-
$0
as of FY2016
- Monthly Burn
-
$446
as of FY2016
-
Runway
-
1.3 months
as of FY2016
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Company Funding & Growth
Funding history
| Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Garageskins | 01/10/2024 | StartEngine | $12,293,877 | $265,024 | Equity - Preferred | Funded | RegCF |
| GarageSkins | 01/02/2019 | StartEngine | $3,040,000 | $145,322 | Equity - Common | Funded | RegCF |
| GarageSkins | 11/17/2017 | StartEngine | $4,000,000 | $100,000 | Convertible Note | Funded | RegCF |
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.