Founded in 2015 by college roommates Sean De Clercq and Erik Straub, Kickfurther is disrupting the world of retail/ecommerce business financing. This crowd-financed model breaks away from traditional Factoring and PO-financing in a way that enables growing small to medium size consumer goods businesses to raise capital so they can produce inventory. Kickfurther is a Boomtown 2015 and 43North 2018 Alumni, has raised $5MM from investors including Tim Draper and Bill Tai, and has funded over $28MM for its clients since launch.
Ever wonder what happens when a company gets their largest order ever from someone like REI or their Amazon sales are through the roof? How do they pay for all the inventory to meet the demand of these sales channels? Sometimes they don’t have the money and miss out on a game-changing opportunity. Other times, they resort to giving up significant equity or take on exorbitantly high debt just to produce their stuff. This is where we come in…
Kickfurther created a model to help business owners affordably raise funds for inventory to grow their business with the added benefit of thousands of community members who are eager to back them and help them grow.
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