QwikLocker by TQG
About this raise
QwikLocker by TQG, with a valuation of $10 million, is raising funds on StartEngine. The innovative technology company is dedicated to deploying QwikLockers across the country. QwikLockers have a patented locker system and proprietary software and work with all major US courier companies, including FedEx, DHL, UPS, and USPS. QwikLocker by TQG has secured installation agreements with major retailers like Ace Hardware and Circle K and has signed a letter of intent with Rite Aid. Neil Biafore founded QwikLocker by TQG in June 2023. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $1.24 million. The campaign proceeds will be used for marketing, research and development, operations, working capital, company employment, and inventory.
Investment Overview
Not Funded: $11,644
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 08/07/2024
- Close Date
- 11/06/2024
$15,000
$1,235,000
$500
Equity - Common
Seed
RegCF
$0.08
$10,000,000
Company & Team
Company
- Year Founded
- 2023
- Industry
- Security, Cybersecurity, & Defense
- Tech Sector
- Distribution Model
- B2B2C
- Margin
- Medium
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $160,247
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 11/06/2024 | StartEngine | $10,000,000 | $11,644 | Equity - Common | Not Funded | RegCF |
