Marin Backyards
About this raise
Marin Backyards is raising funds on SMBX. The company sells safe and innovative play products that inspire children to explore and thrive. Marin Backyards specializes in high-end sporting equipment, playground products, backyard sheds, sports courts, and outdoor living products and also hosts events and workshops to connect families. The company’s website carries exclusive industry-leading brands and ships products all across the country. Osmani Vicente founded Marin Backyards in August 2020. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $55,000. The campaign proceeds will be used to purchase inventory in bulk and increase margins and profitability.
Investment Overview
Invested $41,460 :
Deal Terms
Company & Team
Company
- Year Founded
- 2020
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
- Revenue +636% YoY
- $650,602
- Monthly Burn
- $446
- Cash on Hand
- $103,957
- Gross Margin
- 46%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
03/05/2024 | SMBX | - | $41,460 | Debt | Funded | RegCF |