Popsmith
Popsmith, with a valuation of $18.04 million, is raising funds on StartEngine. It is a premium stainless steel popper that brings gourmet popcorn-making to homes across the country. Popsmith caters to the modern snackers and provides high-quality at-home experiences filled with joy. The company generated $4.9 million in revenue in 2023 and expects to reach $10 million in revenues by the end of 2025 with its anticipated launches on Costco and Williams Sonoma. Tal Moore and David Stickland founded Popsmith in May 2020. The current crowdfunding campaign has a minimum target of $14,999.44 and a maximum target of $1.23 million. The campaign proceeds will be used for inventory and marketing.
Investment Overview
Raised: $759,065
Deal Terms
Total Commitments ($USD)
- Platform
- StartEngine
- Start Date
- 10/30/2024
- Close Date
- 01/28/2025
$14,999
$1,234,999
$349
Equity - Common
Seed
RegCF
$1.64
$18,040,000
Company & Team
Company
- Year Founded
- 2020
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
- Revenue +97% YoY
- $4,913,692
- Monthly Burn
- $28,000
-
Runway
- 1.3 months
- Gross Margin
- 46%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $1,596,035
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 01/28/2025 | StartEngine | $18,040,000 | $759,065 | Equity - Common | Active | RegCF |