GarageSkins

GarageSkins

Early Stage

Real Wood Magnetic Garage Door Overlays.

Real Wood Magnetic Garage Door Overlays.

Overview

Raised this Round: Raised: $145,322

Total Commitments ($USD)

Platform

StartEngine

Start Date

01/09/2018

Close Date

01/02/2019

Min. Goal
$10,000
Max. Goal
$435,000
Min. Investment

$323

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.38

Pre-Money Valuation

$3,040,000

Year Founded

2014

Industry

Consumer Products, Goods & Services

Tech Sector

Non-Tech

Location

Albany, Oregon

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.
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Garageskins 01/09/2024 StartEngine $12,293,877 $265,024 Equity - Preferred Funded RegCF
GarageSkins 01/01/2019 StartEngine $3,040,000 $145,322 Equity - Common Funded RegCF
GarageSkins 11/15/2017 StartEngine $4,000,000 $100,000 Convertible Note Funded RegCF
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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.

Employee History

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GarageSkins on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $3,040,000
Price per Share: $0.38

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