Impossible Kicks

Impossible Kicks

Closed: Mar. 2025

About this raise

Impossible Kicks, with a valuation of $64 million, is raising funds on Dealmaker Securities. It is a sneaker resale platform revolutionizing the sneaker purchase and resale experience. Impossible Kicks has a curated assortment of high-quality inventory with superior sourcing capabilities and has a store footprint with top-tier retail partners. The business has a loyal customer base and increased its revenue from $14.8 million in 2021 to $47.3 million in 2023. John Mocadlo founded Impossible Kicks in August 2021. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $5 million. The campaign proceeds will be used for a new store opening, store remodels and upgrades, inventory, debt repayment, and working capital.

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Investment Overview

Invested this round: $43,750

Deal Terms

Total Commitments

Platform
DealMaker Securities
Start Date
09/26/2024
Close Date
03/31/2025
Min. Goal
$20,000
Max Goal
$5,000,000
Min. Investment

$750

Security Type

Equity - Common

Company Stage

Growth Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.00

Pre-Money Valuation

$64,000,000

Company & Team

Company

Year Founded
2021
Industry
Consumer Products, Goods & Services
Tech Sector
MarketplaceTech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Location
Irvine, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
170
Prior Founder Exits?
No
Founder Name
John Mocadla
Title
CEO

Financials

 Revenue +1% YoY
$47,246,722
as of FY2023
 Monthly Burn
$372,531
as of FY2023
 Runway
5.4 months
as of FY2023
 Gross Margin
31%
as of FY2023

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$47,246,722

$46,573,462

COGS

$32,672,453

$34,014,491

Tax

$18,101

$28,302

 

 

Net Income

$-4,470,377

$-1,261,641

Summary Balance Sheet

FY 2023 FY 2022

Cash

$2,005,389

$2,394,874

Accounts Receivable

$518,701

$585,306

Total Assets

$29,209,070

$24,071,329

Short-Term Debt

$394,719

$0

Long-Term Debt

$14,720,561

$9,943,123

Total Liabilities

$15,115,280

$9,943,123

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$9,125,177
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
03/31/2025 DealMaker Securities $64,000,000 $43,750 Equity - Common Funded RegCF
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Add to portfolio
Impossible Kicks on Dealmaker Securities 2024
Platform: DealMaker Securities
Security Type: Equity - Common
Valuation: $64,000,000
Price per Share: $2.00

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Follow Impossible Kicks on Dealmaker Securities 2024

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