Online Stores
About this raise
Online Stores Inc., with a pre-money valuation of $42 million, is raising crowdfunding on StartEngine. The company is a retailer and manufacturer based in New Stanton, PA that sells a variety of niche items from English tea to LED lighting. Online Stores mission is to provide a one-stop hub for small companies to grow their sales and sell their merchandise, without having to invest in their own warehouse or website. Online Stores websites get a combined 15M visits a year and serves 500,000 customers annually. The company was founded in 2001 by husband-and-wife duo, Kevin and Lisa Hickey. The current round of crowdfunding has a minimum raise of $10,000 and a maximum raise of $5,000,000. The campaign proceeds will be used for inventory, working capital, acquisitions and operations.
Investment Overview
Invested $95,795 :
Deal Terms
Company & Team
Company
- Year Founded
- 2003
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2B
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +16% YoY
- $55,120,381
- Monthly Burn
- Profitable
- Cash on Hand
- $247,550
- Gross Margin
- 27%
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Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
04/20/2022 | StartEngine | $18,700,000 | $95,795 | Equity - Common | Funded | RegCF |