Smoke Cartel
Early Stage
Smoking Accessories
Overview
Raised: $134,448
Total Commitments ($USD)
Platform
StartEngine
Start Date
08/08/2018
Close Date
11/06/2018
Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment
$101
Security Type
Equity - Common
SEC Filing Type
RegCF
Price Per Share
$1.50
Pre-Money Valuation
$31,500,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
11/30/2018
Days Remaining
Funded
% of Min. Goal
1,344%
% of Max. Goal
13%
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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