Impossible Kicks
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.
Investment Overview
Invested $43,750 :
Deal Terms
Company & Team
Company
- Year Founded
- 2021
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- High
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
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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 |