GarageSkins
About this raise: Who Should Be Interested:
Do you need a new look for your garage doors? Or, are you selling your house and want to increase its value? Well then, GarageSkins might be the investment for you. Their GarageSkin overlays are made from real wood veneers and snap easily onto your garage door with magnets. In under an hour, you can have brand-new looking garage doors -- without actually replacing them!
The Company:
GarageSkins provides real-wood veneer overlays with magnets that snap directly onto your garage doors to make them look like new. They’re easy to apply (it takes less than an hour!), are only a fraction of a millimeter thick, and are lightweight enough for your garage door springs and openers to handle. Right now, GarageSkins has two utility patents issued, over 2,500 potential customers waiting for their launch, and contacts from several home improvement TV shows wanting to do a product feature. Future plans include offering front door skins, sport logo skins, and LED lights embedded for holidays. Their goal is to capture 4% of the garage door market, and if they do so, they project $767 million in lifetime revenue. After all, GarageSkins believes there’s no other product out there like theirs made from real wood, and with them, you can make your home the envy of the street...one GarageSkin at a time.
The Bottom Line:
Want your garage to look like you gave it a $10,000 makeover? Well, with GarageSkins only costing $1,999 for a two-car garage system, you can! Their overlays can make your house look market-ready and the most elegant one on the street. All you need to do is choose a design, snap them on, and voila! Your affordable home makeover is complete -- GarageSkin style.
Investment Overview
Invested $145,322 :
Deal Terms
Company & Team
Company
- Year Founded
- 2014
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Location
- Albany, Oregon
- Company Website
-
Visit Website
Team
- Employees
- 1
Financials
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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 | 11/16/2017 | 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.