Smoke Cartel

Smoke Cartel

Closed: Nov. 2018

About this raise

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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Investment Overview

Invested this round: $134,448

Deal Terms

Total Commitments

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    Open SEC Filing

Price Per Share

$1.50

Pre-Money Valuation

$31,500,000

Company & Team

Company

Year Founded
2014
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Location
Savannah, Georgia
Company Website
Visit Website

Team

Employees
37

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
11/06/2018 StartEngine $31,500,000 $134,448 Equity - Common Funded RegCF
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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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Warning: according to the close date for this deal, Smoke Cartel may no longer be accepting investments.

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