GoBQ Grills, Inc.
About this raise
GoBQ Grills, with a pre-money valuation of $6 million, is raising funds on StartEngine. The company manufactures and sells portable grills and accessories made of fireproof fabric. The GoBQ grills are compact, foldable, lightweight, and easy to use and carry. The product of GoBQ Grills is targeted towards campers, hikers, and other outdoor individuals. The company was founded by Todd Zaroban and Eric Goeken in 2012 and has raised more than $120,000 in previous rounds of funding. The proceeds of the current crowdfunding round, with a minimum raise of $10,000 and a maximum raise of $107,000, will be used towards marketing, expanding to new customers, and growing the product line. GoBQ Grills has sold over 650 grills and has started direct online sales.
Investment Overview
Invested : $270,530
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 02/13/2020
- Close Date
- 04/09/2021
$10,000
$1,070,000
$300
Equity - Common
Early Stage
RegCF
$0.60
$6,000,000
Company & Team
Company
- Year Founded
- 2019
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/09/2021 | StartEngine | $6,000,000 | $270,530 | Equity - Common | Funded | RegCF |