MySureFit
Growth Stage
The Smart Fitting Room.
Overview
Raised: $114,235
Total Commitments ($USD)
Platform
StartEngine
Start Date
03/21/2022
Close Date
04/29/2022
Min. Goal
$9,990
Max. Goal
$149,994
Min. Investment
$253
Security Type
Equity - Common
Series
Series A
SEC Filing Type
RegCF
Price Per Share
$12.63
Pre-Money Valuation
$75,009,595
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
05/01/2022
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$2,929
# of Investors
74
Momentum
Not Funded
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Year Founded
2012
Industry
Apparel & Fashion
Tech Sector
FashionTech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
MySureFit, with a valuation of $75 million, is raising funds on StartEngine. The company has developed its patented digital sizing technology that helps customers get virtual fitting in their phones. The technology enables users to turn their phones and computers into digital fitting rooms and see how the online products fit them. MySureFit has received validation from over 225,000 users on its online portal, with more than 6,000 customers placing over 13,000 orders. Christian Ruth founded MySureFit in May 2012. The current crowdfunding campaign has a minimum target of $9,990.33 and a maximum target of $149,993.88. The campaign proceeds will be used for growth and expansion.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$57,257 |
$82,168 |
|
COGS |
$113,069 |
$282,228 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-4,441,843 |
$-5,273,604 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$62,760 |
$11,559 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$58,821 |
$32,710 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 03/21/2022
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