SENDY

SENDY

Open  for investment

About this raise

SENDY, with a valuation of $10 million, is raising funds on StartEngine. It is an AI-driven action sports marketplace that sells new and used outdoor apparel and gear. SENDY modernizes the ability to buy, sell, and rent outdoor gear with its marketplace and offers AI-powered search and great prices. The platform had 1.5 million visitors and 22,000 app downloads in 2024 and sold over $275,000 of outdoor gear and apparel. Ian deQueiroz and Steven Karr founded SENDY in October 2021. The current crowdfunding campaign has a minimum target of $123,999.12 and a maximum target of $1.23 million. The campaign proceeds will be used for customer acquisition and marketing, software development, company employment, and working capital.

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Investment Overview

Committed this round: $1,729

Deal Terms

Total Commitments

Platform
StartEngine
Start Date
03/12/2025
Close Date
04/30/2025
Min. Goal
$123,999
Max Goal
$1,235,000
Min. Investment

$103

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$3.54

Pre-Money Valuation

$10,003,888

Company & Team

Company

Year Founded
2021
Industry
Apparel & Fashion
Tech Sector
MarketplaceTech
Distribution Model
C2C
Margin
Low
Capital Intensity
Low
Location
Freestone, California
Business Type
High Growth
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
Yes
Founder Name
Ian deQueiroz
Title
CEO, Board Member, Principal Accounting Officer
Founder Name
Steven Karr
Title
Board Member and Digital Advertising Specialist

Financials

as of December 1, 2024
 Revenue
$30,568
 Monthly Burn
$26,000
 Runway
4.2 months
Gross Margin
29%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$30,568

$1,708

COGS

$21,605

$1,588

Tax

$0

$0

 

 

Net Income

$-726,302

$-433,971

Summary Balance Sheet

FY 2023 FY 2022

Cash

$404,936

$455,812

Accounts Receivable

$0

$0

Total Assets

$950,967

$782,720

Short-Term Debt

$191,111

$56,746

Long-Term Debt

$1,726,117

$975,991

Total Liabilities

$1,917,228

$1,032,737

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$2,110,490
VC Backed?
Yes
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/30/2025 StartEngine $10,003,888 $1,729 Equity - Common Active RegCF
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Add to portfolio
SENDY on StartEngine 2025
Platform: StartEngine
Security Type: Equity - Common
Valuation: $10,003,888
Price per Share: $3.54

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Follow SENDY on StartEngine 2025

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