Maingear

Overview

Raised to Date: Raised: $346,157

Deal Terms

Investment Momentum

Company Profile

Deal Summary

Total Commitments ($USD)

Platform

Netcapital

Start Date

04/13/2018

Close Date

08/31/2018

Min. Goal

$10,000

Max. Goal

$1,070,000

Min. Investment

$102

Security Type

Equity - Common

SEC Filing Type

RegCF / RegD 506(c)    

Price Per Share

$3.50

Pre-Money Valuation

$24,711,036

Rolling Commitments ($USD)

Status

Funded

Reporting Date

09/02/2018

Days Remaining

Funded

% of Min. Goal

Funded

% of Max. Goal

Funded

Likelihood of Max

Funded

Avg. Daily Raise

$2,473

Momentum

Funded

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Maingear

Year Founded

2002

Industry

Consumer Products, Goods & Services

Tech Sector

Location

Kenilworth, New Jersey

Company Website

Maingear is aiming to be the main gear when it comes to developing innovative new PC designs and products. In fact, this company was founded with one mission: to build the world’s best gaming experience. With over 15 years of experience and numerous “Editor’s Choice” awards, Maingear has established itself as a leader in the PC gaming industry. They’ve been the first to market with products like water-cooled PC’s, as well as services like customization including automotive paint finishes and custom laser etching. All of Maingear’s machines are hand-built from the inside out; they’re designed by gamers, built by gamers, and supported by gamers; and they offer the absolute best build quality in the industry. They currently have two US approved patents that would allow them to scale globally, and they’re a launch partner with vendors like Intel, AMD, NVIDIA. Plus, they’ve co-designed products with HP and Razer, and they’ve worked with companies like Coca Cola and Zedd. The bottom line? Well,Sherri L. Smith from “Tom’s Guide” said it best: “MAINGEAR is like the Aston Martin of gaming desktops — its PCs are opulent art pieces that double as high-performance machinery.”

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Founder Profile: How One PC Gamer Turned His Passion Into A Multi-Million Dollar Business

One of my favorite things from my conversation with Wallace Santos, Founder & CEO of Maingear was that he said, “Our core customer that we build products for is me!” I couldn’t imagine a better type of founder to back than one who has turned his life’s passion into his business.

For the last 16 years, Wallace and his team have been building the premier PC gaming company in the country and in turn immense brand loyalty amongst gamers.

Now PC gaming is going through an unprecedented period of growth driven by the rise of eSports, and Wallace Santos and his team are sitting pretty ready to capitalize on this market growth.

It’s rare with equity crowdfunding deals to have a chance to invest in a company that is already producing millions in revenue and be cash flow positive. But then again it’s rare to find a founder like Wallace that would turn down a big time Venture Capital deal for fear of losing his company’s soul. That is the kind of company you want to back. Learn more about his journey and the Maingear company so that you can invest confidently.

Read Founder Interview