Ponto Footwear

Early Stage

The sustainable work-leisure brand

Analytics

Raised to Date: Raised: $226,051

Aggregate Commitments $

Platform

Wefunder

Start Date

06/23/2021

Close Date

11/16/2021

Min. Goal

$60,000

Max. Goal

$250,000

Min. Investment

$250

Security Type

SAFE

Funding Type

RegCF

Series

Seed

Valuation Cap

$7,500,000

Discount Rate

0%

Rolling Commitments $

Status
Funded
Reporting Date

11/30/2021

Days Remaining
Funded
% of Min. Goal

377%

% of Max. Goal

90%

Likelihood of Max
Funded
Avg. Daily Raise

$1,548

Momentum
Funded
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Location

Carlsbad, California

Industry

Apparel & Fashion

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Business Type

Growth

Ponto Footwear, with a valuation cap of $7.5 million, is raising crowdfunding on Wefunder. The company makes sustainable footwear that offers the comfort of work from home and elevated aesthetics of a luxury brand. The hybridized footwear of Ponto Footwear traditions easily from work to play and everything in between. Aaron Roubitchek and Joseph Marquis founded Ponto Footwear in July 2018. The proceeds of the current crowdfunding raise, with a minimum goal of $60,000 and a maximum goal of $250,000, will be used towards sales and marketing, working capital, and general and administrative expenses. Ponto Footwear has generated over $250,000 in revenue in the first six months since the store launch. It has been featured in Forbes, Business Insider, and Harper’s Bazaar and reported a 50%-100% month-over-month growth during the last four months.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$58,658

$0

COGS

$27,783

$0

Tax

$0

$0

 

 

Net Income

$-122,633

$-139,884

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$64,771

$994

Accounts Receivable

$0

$0

Total Assets

$208,959

$994

Short-Term Debt

$11,958

$391

Long-Term Debt

$406,296

$95,155

Total Liabilities

$418,254

$95,546

Financials as of: 06/23/2021
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Ponto Footwear on Wefunder 2021
$
Platform: Wefunder
Security Type: SAFE
Valuation: $7,500,000

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