The OLLO Group
[Closed for Investment] The OLLO Group, with a pre-money valuation of $4.5 million, is raising funds on StartEngine. The company manufactures high-performance footwear for athletes. The shoes of The OLLO Group offer strong grip and function well in highly demanding environments. William Howes founded The OLLO Group in 2012. The current crowdfunding campaign, with a minimum target of $10,000 and a maximum target of $1,070,000, will be used to solidify the company’s position, expand the market share, and increase revenue. The OLLO Group is led by an experienced team and has built a strong foundation in the past eight years. It has over 20,000 loyal customers and plans to grow further with its unique business model.
Investment Overview
Raised: $146,271
Deal Terms
Total Commitments ($USD)
- Platform
- StartEngine
- Start Date
- 11/26/2020
- Close Date
- 08/31/2021
$10,000
$1,070,000
$270
Equity - Common
Pre-Seed
RegCF
$5.00
$4,500,000
Company & Team
Company
- Year Founded
- 2012
- Industry
- Apparel & Fashion
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- High
Financials
- Revenue -18.8% YoY
- $157,709
- Monthly Burn
- $629
-
Runway
- 5.9 months
- Gross Margin
- 13%
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Company Funding & Growth
Funding history
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.