Smoke Cartel

Smoke Cartel

Early Stage

Smoking Accessories

Smoking Accessories

Overview

Raised to Date: Raised: $134,448

Total Commitments ($USD)

Platform

StartEngine

Start Date

08/07/2018

Close Date

11/05/2018

Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment

$101

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.50

Pre-Money Valuation

$31,500,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

11/29/2018

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$1,494

# of Investors

245

Momentum
Funded
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Year Founded

2014

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Location

Savannah, Georgia

Smoke Cartel is here to provide you with the smoking accessories and glass pipes you need. They operate as both an online retailer and wholesale distributor, and have grown from a $600 investment to a nearly $6-million revenue company, with sustained and continued growth and increased revenue each year. So far, they have over 90,000 customers in 44 countries, and their 2017 revenue was $5,895,040. The total number of retail and wholesale visitors in 2017 was 4,891,486, and the number of their average daily session visitors is 14,500. Plus, in November 2017, Smoke Cartel acquired Early Bird Distribution and expanded its product lines into the pet industry.
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Smoke Cartel on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $31,500,000
Price per Share: $1.50

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