This round is no longer accepting investments, but others just like it are live now.

CLOSED

GET A PIECE OF SIGNATURE ATHLETICS, INC

For the Players. By the Players.

Signature’s business model is built on delivering high-margin, innovative apparel and equipment with high-touchpoint, record-setting service. We are transforming the custom team uniform market from the traditional bulk order process to an on-demand model, through patent-pending and first-to-market technology, direct-to-player delivery, and our 5-Star Signature Service.

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This Reg CF offering is made available through StartEngine Capital, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
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$380,263.32 Raised

REASONS TO INVEST

Reasons Icon

Proven Market Fit & Strong Client Base: Signature’s B2B2C model has achieved more than $10 million in lifetime sales in less than five years, with an average 74% year-over-year growth, over 50,000 clients and over 5,000 five-star reviews (or 95% of reviews).

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Highly Scalable Growth Model Disrupting a $500 Billion Market: Signature has a recurring revenue model of signing 3-year sports program agreements, where we exclusively merchandise teams with custom, premium apparel and equipment 24/7/365. We are rapidly scaling our organic client acquisition model, and we are supercharging our growth with synergistic acquisitions.

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An Experienced Dream Team in the Sports World: Signature’s leadership and advisory team of professional marketing, M&A/Finance, e-commerce, and apparel leaders, with experience as influencers, athletes, coaches, and directors, have a proven track record building seven-figure brands and eight-figure exits. Signature is backed by over $2M in current investments.

TEAM

Daniel Soviero

Daniel Soviero • Founder & CEO

Former D1 Athlete turned Entrepreneur and Founder of Signature Athletics. Recently named to the Forbes 30u30 list for sports. Visionary leader and team builder. 

Andrew Gilliand

Andrew Gilliand • Director of E-Commerce & Systems

E-Commerce, IT and systems expert who’s led multiple successful endeavors building 7-figure brands. 

Maddie Lewis

Maddie Lewis • Director of Experiential Marketing

Former Client turned teammate! Events & Lacrosse programing expert and director of Tampa’s largest travel programs and special events. Responsible for over 500 athletes annually and over $1M in revenue. 


Signature Athletics is at a critical growth milestone. Since launching our B2B2C model, we've proven the product-market fit in Lacrosse by acquiring over 50,000 clients, which includes over 100 programs representing over 12,000 athletes, who are in the first 12 months of their 3-year Agreements. Now is the time for Signature to expand from its $200M niche Lacrosse market into the +$500 Billion broader sports market.


THE PROBLEM



We recognize it can suck to order custom uniforms, apparel, and equipment for sports programs. This is because the traditional process is plagued with errors, time consuming inefficiencies, and an average of 8 people in the value chain!

 

The traditional 2-4 week pop up team stores restrict the market with high minimum order quantities on items, limited selections, and extended lead times that can drag out 10-12 weeks. 

 

Picture this: you are a Director for your local sports program, and you have to spend over 100 hours per season to deliver apparel, from start to finish. First, the Director works with every family during the preseason to collect checks, sizes, and jersey numbers. Next, that Director places the orders and eventually receives a late delivery of a giant, unorganized box of bulk apparel. Then that Director sorts through the box, bags it up for transport and hands everything out one-by-one during player practice — only to find out there are errors in sizing, numbers are wrong, and the name of the team’s best player is misspelled. The worst part? Replacement orders take 8-12 weeks and don’t arrive until the season is over.

 

Now picture this: you are a parent, and your child is ecstatic for their first season on the field. You’ve worked out jersey size details with the Director, paid your registration fees, picked out supporting team t-shirts for the family, and channeled your child’s energy into more laps around the field. Your first game day is just a few days away, and you are expecting their first jersey to arrive at practice. The Director hands you a bag, you plan the big reveal at home — only to find out that their last name is misspelled on their jersey. They decide to try it on anyway, but you realize it’s a size small when you ordered a medium. Disappointed, you scramble to fix the situation with your Program Director, and you’re told that a new jersey will arrive in 10-12 weeks. Your child wears the team’s oversized temporary jersey, you enjoy the first game, and you hope that the new jersey arrives before the last game of the season. Plus...remember the game day t-shirts you ordered for the family? They never went to production, because they didn’t meet the store’s minimum order threshold. Maybe next year.

 

We believe the traditional bulk order process has been a continuous headache across sports program management for far too long.


So we solved it! 

THE SOLUTION






Signature Athletics takes the entire process off the program director’s plate. We built a software and supply chain solution streamlining the entire process and cutting five of the eight people from the value chain.

 

 Our proven business model speeds up lead times from the traditional 3 months down to 15 days with a 10-day rush option (and we have a clear path to our goal of 2 day production.) We also lower the traditional error rate from a typical 10% to 3% or less (with a goal and clear path to get to 0%.)

 

Sports programs sign up for 3-Year Exclusive Merchandising Agreements with Signature Athletics. As a part of the agreement, we set the program up with a 24/7/365 Team Store, which includes 40+ custom items for players, coaches and fans. Everything delivered Direct-to-Player includes dye sublimated, fully custom uniform kits — from embroidered hats and bags to Direct-to-Garment graphic t-shirts and fully sublimated performance athletic apparel.





OUR TRACTION





Over the last five years, Signature has gained strong traction in the market including:

 

Beat Projections Twice: Signature successfully raised an initial seed round in Q4 2020. We beat the expectations set with early investors and doubled the planned number of programs under contract at the end of Q1 2021. We then raised projections again in August 2021 and beat projections with the signing of program number 100. This incredible product market fit is fueled by:

 

  • Our inside sales teams consultative approach to the market
  • Sport-agnostic brand building, with organic and paid lead-generating funnels
  • Market and product expansion, with new innovations!

 

New Patent Offerings & IP: Signature has been granted three patents for our innovative equipment design, one patent pending in Software, as well as multiple trademarks.

 

New Product Lines: Signature is in the market with four successful product lines, amounting to over $10M in lifetime sales. Top performing equipment products include:

  • The #1 Lacrosse ball, which redefined the category
  • Our patented Pro S1 ball, the official ball of professional Lacrosse leagues for its durability and design
  • Our patented, pro-strung line of Lacrosse sticks, which are ready-to-play unlike other typical sticks
  • Our goal kits with innovative quick-screw solutions that take 5 minutes to set up (compared to typical 2 hours)

 

Signature’s line of innovative equipment supports the brand’s premium line of athletic apparel and team uniforms. AthleTech, our patent-pending software platform, expedited apparel sales to a $1M run rate in its first 12 months in the market. AthleTech streamlines the entire dye, sublimate, cut, and sew process for personalized products, which enable us to offer on-demand access to 40+ custom apparel items on our Team Stores 24/7/365 with no Minimum Order Quantity. We plan to launch AthleTech 2.0 updates in 2022, which will enable us to produce more new, on-demand, fashion-forward product styles and designs.  

 

New Partners: Signature Athletics has been named the official, exclusive product partner with the top Pro Lacrosse leagues, including the largest pro league in Lacrosse, the National Lacrosse League, and the largest women’s pro league run by Athletes Unlimited. Signature Athletics has also partnered with over 100 youth sports programs around the country as their exclusive custom merchandise, apparel, and equipment supplier. 





BUSINESS MODEL


Signature’s B2B2C model is designed to use our on-demand 24/7/365 Team Store solution to partner with Program Directors through our 3-Year Agreements. By solving one of their biggest problems, transforming the traditional team uniform bulk order process to an on-demand model, we earn the support from the coaches and program directors. Program Directors no longer sit in the middle of the process — now, parents come directly to the Signature’s website where we host their custom Team Store to purchase all their uniforms and get access to +40 custom apparel items. Coaches and Program Directors rock the Team Store apparel on the fields driving further demand. This brings a consistent flow of parents and players into our e-commerce funnel where we can serve them with their favorite apparel and gear! We take the partnership one step further, by contracting content creators who go to our Partner Programs around the country to execute content days, where we feature the program director, players, and parents sharing their stories!

 

 

Today, our community is made up of over +50,000 clients (directors, coaches, parents and fans), +12,000 athletes and +100 programs. Next, we plan to scale into adjacent high-intensity team sports furthering our market share in the +$500 billion sports equipment, apparel, and athleisure market.

 

As we scale, we anticipate that gross profits will rise and expenses will drop through a mix of high margin custom products and economies of scale, the completion of integrations with key suppliers, and efficiencies gained from automation using our technology.







the vision



The vision of Signature Athletics is to serve athletes with their favorite apparel. We're on a mission to inspire lifelong champions through an endless pursuit of 5-Star experiences for athletes. To our community of lifelong competitors, Signature Athletics is a brand that empowers athletes by solving problems through an innovative, personal approach to the highest quality products and service.




WHY INVEST



Signature Athletics has proven its business model by signing up over 100 programs to 3-Year Agreements and achieving  over $10M in lifetime sales. Over the last 12 months, Signature has built scalable marketing funnels and sales processes, applicable to any sport. Over the last 3 months, we have increased our client acquisition pacing from 1 new program/week to an average of 5 new programs/week.

 

The best part? This is only the beginning. Next, Signature plans to expand into Field Hockey in 2022, Soccer in 2023, Basketball in 2023, Ice Hockey in 2024 and more sports beyond. Signature will drive business growth by leveraging its existing manufacturing operations and industry experts across apparel design, marketing, sales, and service, as well as the anticipated integration of two acquisitions in December 2021 and January 2022, which are anticipated to more than double Signature’s top-line revenue.

 

…  

 


How does Signature plan to use these funds? For expansion in three main categories: 

 

  • AthleTech Platform Improvements: we plan to launch our 2.0 platform improvements, to benefit Signature, our clients, and our factory partners. This platform also has the white-label capability to be applied in the Print on Demand market. 


  • Product & Market Expansion: our community is telling Signature to expand into new sports, and we see a blue ocean of opportunity! Through Statista and SFIA, we’ve researched our market penetration opportunity. We believe that of the 31M registered players across Lacrosse, Field Hockey, Soccer, Basketball and Ice Hockey, Signature can penetrate up to 5% of each sports market over the next several years. Signature plans to capture its projected revenue with market expansion, greater product selection, and our premium line of Signature Athletic Apparel.  


  • Hiring & Acquisitions: With a full management team in place, it's time to put fuel on the fire. Signature plans to hire more sales and marketing support, and we also anticipate closing two new acquisitions, with sellers already under LOIs. We believe acquisitions will accelerate our growth, by doubling our business, expanding our product lines, and growing our team! We find that the market is fragmented with mom and pop operations, providing a great opportunity for continued consolidation.






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ABOUT

HEADQUARTERS
301 West Platt Street Unit 416
Tampa, FL 33606
WEBSITE
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Signature’s business model is built on delivering high-margin, innovative apparel and equipment with high-touchpoint, record-setting service. We are transforming the custom team uniform market from the traditional bulk order process to an on-demand model, through patent-pending and first-to-market technology, direct-to-player delivery, and our 5-Star Signature Service.

TERMS

Signature Athletics, Inc
Overview
PRICE PER SHARE
$11.29
DEADLINE
Apr. 30, 2022 at 6:59 AM UTC
VALUATION
$15.36M
FUNDING GOAL
$10K - $492.9K
Breakdown
MIN INVESTMENT
$496.76
MAX INVESTMENT
$260,000
MIN NUMBER OF SHARES OFFERED
885
MAX NUMBER OF SHARES OFFERED
43,654
OFFERING TYPE
Equity
SHARES OFFERED
Class B Non-Voting Common Stock

Maximum Number of Shares Offered subject to adjustment for bonus shares

PRESS

Article Image
Entrepreneur

https://www.entrepreneur.com/author/dan-soviero

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Lacrosse All Stars Network

Dan Soviero, CEO/Founder of Signature Lacrosse - Episode 20

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Kingscrowd

Signature Lacrosse Founder Dan Soviero on Youth Sports

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Bay News 9

Girls lacrosse on the rise in Florida

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Green Entrepreneur

Author - Dan Soviero

ALL UPDATES

04.29.22

Only Hours Left to Invest in Signature!

We are honored to have received so much support from our community! Thank you to everyone who has invested! 


With only hours left to invest, if you haven't already now is the time before it's too late! 


Come join us on our mission to share the power of sports with as many people as possible!! 


Play forever, 

Dan

04.28.22

Less Than 1 Days Remain to Join Us!

Don’t wait until the last day to invest and risk the offering selling out early!


We are backed by over $2M in current investments, have created a solution with massive product-market fit, and validated our business model with over $10M in lifetime sales!

This campaign ends in just 1 day on April 29th, unless it sells out sooner! Don’t miss out on this opportunity to invest in the future of sports!!

04.28.22

"God Bless the Team at Signature..." | Client Testimonials!

We are changing the game for team sports!


Here are some of our favorite testimonials from this Spring season; 


Come join us on our mission before it's too late!!


 

04.27.22

Opportunity Ends Tomorrow!

Check out the testimonial on what makes Signature beloved by Program Directors!! 


 

Don’t miss your chance to invest in Signature Athletics!  Invest today - before the opportunity sells out!

04.27.22

Over 90% Growth in Q1, 2022 Apparel Sales!

Don’t wait until the last day to invest and risk the offering selling out early!


Top reasons to invest: 

  • Proven Market Fit & Strong Client Base: Signature’s B2B2C model has achieved more than $10 million in lifetime sales in less than five years, with an average of 74% year-over-year growth, over 50,000 clients, and over 5,000 five-star reviews (or 95% of reviews). And over 90% growth in Q1, 2022 Apparel Sales!! 

  • Highly Scalable Growth Model Disrupting a $500 Billion Market: Signature has a recurring revenue model of signing 3-year sports program agreements, where we exclusively merchandise teams with custom, premium apparel and equipment 24/7/365. We are rapidly scaling our organic client acquisition model, and we are supercharging our growth with synergistic acquisitions.

  • An Experienced Dream Team in the Sports World: Signature’s leadership and advisory team of professional marketing, M&A/Finance, e-commerce, and apparel leaders, with experience as influencers, athletes, coaches, and directors, have a proven track record building seven-figure brands and eight-figure exits.

This campaign ends in just 2 days on April 29th, unless it sells out sooner! Don’t miss out on this opportunity to invest in the future of sports!!



04.25.22

Signature Athletics - Time to Invest is Running Out to Invest!

Signature Team, 


I want to start off by thanking you all for your support! Growing a start-up from the ground up is incredibly challenging, and our team could not achieve the wins we have as fast as we have without all of you supporting our mission! 

 

As of writing this email, we only have around $100k left open in the round for investment!

 

Over Q1, 2022 we made some incredible progress and have enjoyed sharing our wins with you in these posts! Looking back on the first 3 months of the year, we made some monumental progress, and I am really proud of our team.

 

On April 29th, or when we hit $493K raised, whichever comes first the investment round will be closed! 


We would love for you to invest to help us close this round, and if you have already invested we would love for you to share the opportunity with others in your network! 

 

Make it a great day, 

Dan Soviero

Have questions? Schedule a call with me directly at this link

04.22.22

The Results Are In Apparel Sales +90% Year over Year Growth!!

Team - With only 7 days left to invest, we wanted to share another great milestone with our community!! 


We are pumped to share the exciting progress we made in Q1, 2022! Driving massive +90% growth in apparel sales!! 


We are incredibly grateful for all the support. None of this would be possible without our incredible team who kicked it into overdrive in Q1, working night and day to deliver Signature Service. 


The huge increase in volume came with its challenges, one of the things we are most proud of is growing our client reviews to +4,400 while maintaining our 4.8/5 star status!! 


Come join us on our mission and invest today!


Make it a great day, 

Team Signature

04.21.22

165 Programs Signed & Counting!!

Team, 


As of the end of March we have now signed over 165 programs surpassing our goal of signing 137 programs by the end of Q1, 2022! 


The word is out, and we are starting to sign up some major accounts in the market. The growth is demanding, and we have recognized a need to move forward with 3 key hires in Q2!


More news to follow, keep your eyes out! And invest while you still can! 


Make it a great day, 

Team Signature

04.15.22

Signature Premium - 2.0 Ball Certified by SEI to the NOCSAE standard & NFHS approved!

Signature Athletics Community,


It's official, Signature’s 2.0 Premium Lacrosse Ball has been SEI certified to the NOCSAE standard and meets all NFHS, NCAA, and Pro Lacrosse standards! 


On top of that, Signature Premium Lacrosse Balls have been chosen by the National Lacrosse League as the Official Ball for another season!


If you have not already done so, invest while there is still time. Only 14 days left!

Already invested? Please share this opportunity with your friends and family! 


Make it a great day,

Dan Soviero

04.14.22

Signature Named Official Stick of Australian World Team!

Signature Athletics Community,


We have proudly partnered with Lacrosse Australia and outfitted their Australian National Team with new Signature Complete Sticks! 


Per their website, Lacrosse is recognized and culturally embedded in Australian sports from a grassroots level, thriving at all age groups and skill levels, in addition to coaching and officiating. Lacrosse Australia provides leadership to the community through the delivery of quality services, programs, and support in order to grow lacrosse at all levels, develop a sustainable membership base and achieve continued international success.


We can’t wait to watch the Australian National Team rep our gear on the field! 


Make it a great day,

Dan Soviero


P.S> Only 15 Days left to invest! 

>> If you have not yet finished your investment, make sure to do so while there is still time!

>> Already invested? Please share this with your friends!   

REWARDS

Multiple investments in an offering cannot be combined to qualify for a larger campaign reward.

$496

All Investor Owners Club

10% discount on online purchases “Partner” Early access to products Access to State of Signature Quarterly Newsletter

JOIN THE DISCUSSION

0/2500

PINNED BY STARTUP

BC
Bobby Calhoun

3 years ago

The Tampa Fuego recently switched to the signature brand for uniforms, apparel, balls, and equipment. With such a streamlined and seamless process there is no better place to get top quality apparel and equipment. Super friendly staff and directors that help you every step of the way, if you want to grow your program to the next level Signature is the way to do so.

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DS
Dan Soviero

3 years ago

Thank you, Bobby! We are lucky to have amazing clients like you. Appreciate your support!


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PINNED BY STARTUP

JA
John Adamou

3 years ago

I support your mission and cause and now I am an investor - looking forward to your continued growth and success!

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DS
Dan Soviero

Signature Athletics, Inc

3 years ago

John - We appreciate the support of our mission! Thank you for your investment! We are excited to have you on the team. Dan Soviero Founder & CEO

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VG
Varun Gupta

3 years ago

Hi, can you please provide a quarterly update and are you planning another fund raise? Thanks

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DS
Dan Soviero

3 years ago

Hi Varun - Thanks for reaching out. We provide a Quarterly report to all of our investors based on the email address they used to make their investment through start engine. We provide this report by email. At the moment, we are not planning on raising another round of funding. Our success this year has taken our full focus. We may revisit another round of funding to support our growth next year.

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KH
Katherine Hastings

3 years ago

I am reposting this as I do not believe you received a notification since it only allowed for me to reply to myself and not to your response. From your Form C, under Valuation on page 21 - the $15.36M figure was calculated utilizing consolidated revenues from this now terminated acquisition. Using the same X sales multiple but with the actual 2021 revenue of $2.6M the equation now produces a valuation of $9.98M. Do you feel that the value of the company now needs to be adjusted based upon how it was originally calculated and the current facts at hand?

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DS
Dan Soviero

3 years ago

Katherine - I appreciate your question. No, I do not feel the valuation needs to be adjusted based on the facts and how it was originally calculated, and here is why. The valuation was set using consolidated revenues from the 1st accusation that we closed. The 2nd acquisition mentioned in Form C was not used in the consolidated revenue projections. Based on the revenue multiples from comps provided by an independent 3rd party, the average multiple was 5.3X, the median is 4.88X, and the high was 13.2X. Based on the growth we are experiencing and the potential exit, our advisors and team feel the $15.36M figure is a very fair valuation.

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KH
Katherine Hastings

3 years ago

Can you provide an update on the 2 acquisitions that were scheduled to take place last month and this month? Also, I don't believe you answered the question below from Yosef H. with regard to 2021 total revenue; can you please provide that as well?

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DS
Dan Soviero

3 years ago

Hey Katherine - Thank you for your questions. 1. We did end up closing one of the acquisitions and the other one fell through in the final hour due to a misalignment in culture. While it was unfortunate, everything happens for a reason. We will be providing a detailed update at our conference on Tuesday! We would love for you to join us. You can register on Zoom at the link below! Link: https://us06web.zoom.us/webinar/register/WN_a3VnZ7IUR0ajQS-CCNp56A 2. We were able to reply to Yosef H. on another comment he left. Sorry, it was not clarified on both threads. Please see the reply below. Yes, in 2020 and 2021 we were impacted by COVID. In 2021 we exceeded our 2020 and 2019 revenues and had our best year yet generating over $2.6M! Some highlights; - We have had over 97% year over year growth in our online sales channel - Apparel sales grew to +$800k in 2021! Up from +$150k in apparel sales in 2020 - We have grown our team to 12 full time to prepare for 2022 Please let me know if you have any other questions!

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Damian Palowitch

3 years ago

Our prices caused me to buy practice lacrosse balls elsewhere for my grandson.

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Dan Soviero

Signature Athletics, Inc

3 years ago

Hey Damian - First off, it sounds like you are a pretty cool grandfather for getting your grandson lacrosse balls for the holidays! Hats off to you! Our team prices our products to reflect the premium quality and added costs that go into making them the best in the market! There are cheaper alternatives out there and we are aware of that. Our lacrosse balls are used by more professional lacrosse players, leagues, and teams than all of our competitors combined. We take a lot of pride in our products and hope you will give them a try to compare to the "practice lacrosse balls" you got elsewhere! Happy holidays! Make it a great day, Dan Soviero Founder & CEO

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YH
Yosef Hertz

3 years ago

About an hour left to the early bird special. Any chance I can get an answer within that timeframe?

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DS
Dan Soviero

Signature Athletics, Inc

3 years ago

Yousef - Thank you for your comment. Please see my reply below!


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YH
Yosef Hertz

3 years ago

From your Form C, it looks like revenue declined from 2019 to 2020. That may be Covid related but can you give some insight into that? Most importantly, what is your Year-to-Date revenue? Quarter over quarter info would be great. The more context you can provide to that the better. I'd love to invest today if you give me some more info. Thanks.

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DS
Dan Soviero

Signature Athletics, Inc

3 years ago

Hello Yosef, sorry for the delay! We had our annual holiday party this evening. Yes, in 2020 we were heavily impacted by COVID. In 2021 have already exceeded our 2020 and 2019 revenues and will have our best year yet! Additionally, in our Form C, you will find that we have (2) LOI's for accusations that are planned to close before the end of 2021. These accusations combined with our organic growth have positioned us very well for 2022. Some highlights; - We have had over 97% year over year growth in our online sales channel - We have grown apparel sales from $150k in 2020 to +$750k in 2021 - We have grown our team to 12 full time to prepare for 2022 Please let me know if you have any other questions!

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JB
James Bondulich

3 years ago

More money will be pouring into sports this spring compared to 2020 and 2021. Signature will ride that wave. Since the Omicrom variant is rapidly becoming the dominant strain, resulting with more people becoming sick with only a mild case of the sniffles, instead of the more serious variant that is now being crowded out, the virus will in affect be over. I am grabbing some of the free 33% extra shares.

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DS
Dan Soviero

Signature Athletics, Inc

3 years ago

Great thesis James! Excited to have you on board! Happy holidays, - Dan Soviero, Founder & CEO

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PREVIOUSLY CROWDFUNDED
$251,881
RAISED
$380,263.32
INVESTORS
43
MIN INVEST
$496.76
VALUATION
$15.36M

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Unless indicated otherwise with respect to a particular issuer, all securities-related activity is conducted by regulated affiliates of StartEngine: StartEngine Capital LLC, a funding portal registered here with the US Securities and Exchange Commission (SEC) and here as a member of the Financial Industry Regulatory Authority (FINRA), or StartEngine Primary LLC (“SE Primary”), a broker-dealer registered with the SEC and FINRA / SIPC. You can review the background of our broker-dealer and our investment professionals on FINRA’s BrokerCheck here. StartEngine Secondary is an alternative trading system (ATS) regulated by the SEC and operated by SE Primary. SE Primary is a member of SIPC and explanatory brochures are available upon request by contacting SIPC at (202) 371-8300.

StartEngine facilitates three types of primary offerings:

1) Regulation A offerings (JOBS Act Title IV; known as Regulation A+), which are offered to non-accredited and accredited investors alike. These offerings are made through StartEngine Primary, LLC (unless otherwise indicated). 2) Regulation D offerings (Rule 506(c)), which are offered only to accredited investors. These offerings are made through StartEngine Primary, LLC. 3) Regulation Crowdfunding offerings (JOBS Act Title III), which are offered to non-accredited and accredited investors alike. These offerings are made through StartEngine Capital, LLC. Some of these offerings are open to the general public, however there are important differences and risks.

Any securities offered on this website have not been recommended or approved by any federal or state securities commission or regulatory authority. StartEngine and its affiliates do not provide any investment advice or recommendation and do not provide any legal or tax advice concerning any securities. All securities listed on this site are being offered by, and all information included on this site is the responsibility of, the applicable issuer of such securities. StartEngine does not verify the adequacy, accuracy, or completeness of any information. Neither StartEngine nor any of its officers, directors, agents, and employees makes any warranty, express or implied, of any kind whatsoever related to the adequacy, accuracy, or completeness of any information on this site or the use of information on this site.

Investing in private company securities is not suitable for all investors. An investment in private company securities is highly speculative and involves a high degree of risk. It should only be considered a long-term investment. You must be prepared to withstand a total loss of your investment. Private company securities are also highly illiquid, and there is no guarantee that a market will develop for such securities. Each investment also carries its own specific risks, and you should complete your own independent due diligence regarding the investment. This includes obtaining additional information about the company, opinions, financial projections, and legal or other investment advice. Accordingly, investing in private company securities is appropriate only for those investors who can tolerate a high degree of risk and do not require a liquid investment. See additional general disclosures here.

By accessing this site and any pages on this site, you agree to be bound by our Terms of use and Privacy Policy, as may be amended from time to time without notice or liability.

Canadian Investors

Investment opportunities posted and accessible through the site will not be offered to Canadian resident investors. Potential investors are strongly advised to consult their legal, tax and financial advisors before investing. The securities offered on this site are not offered in jurisdictions where public solicitation for offerings is not permitted; it is solely your responsibility to comply with the laws and regulations of your country of residence.

California Investors Only – Do Not Sell My Personal Information (800-317-2200). StartEngine does not sell personal information. For all customer inquiries, please write to contact@startengine.com.

StartEngine Marketplace (“SE Marketplace”) is a website operated by StartEngine Primary, LLC (“SE Primary”), a broker-dealer that is registered with the SEC and a member of FINRA and the SIPC.

StartEngine Secondary (“SE Secondary”) is our investor trading platform. SE Secondary is an SEC-registered Alternative Trading System (“ATS”) operated by SE Primary that matches orders for buyers and sellers of securities. It allows investors to trade shares purchased through Regulation A+, Regulation Crowdfunding, or Regulation D for companies who have engaged StartEngine Secure LLC as their transfer agent. The term “Rapid,” when used in relation to transactions on SE Marketplace, specifically refers to transactions that are facilitated on SE Secondary, This is because, unlike with trades on the StartEngine Bulletin Board (“SE BB”), trades on SE Secondary are executed the moment that they are matched.

StartEngine Bulletin Board (“SE BB”) is a bulletin board platform on which users can indicate to each other their interest to buy or sell shares of private companies that previously executed Reg CF or Reg A offerings not necessarily through SE Primary. As a bulletin board platform, SE BB provides a venue for investors to access information about such private company offerings and connect with potential sellers. All investment opportunities on SE BB are based on indicated interest from sellers and will need to be confirmed. Even if parties express mutual interest to enter into a trade on SE BB, a trade will not immediately result because execution is subject to additional contingencies, including among others, effecting of the transfer of the shares from the potential seller to the potential buyer by the issuer and/or transfer agent. SE BB is distinct and separate from SE Secondary. SE Secondary facilitates the trading of securities by matching orders between buyers and sellers and facilitating executions of trades on the platform. By contrast, under SE BB, SE Primary assists with the facilitation of a potential resulting trade off platform including, by among other things, approaching the issuer and other necessary parties in relation to the potential transaction. The term “Extended”, when used in relation to transactions on SE Marketplace denotes that these transactions are conducted via SE BB, and that these transactions may involve longer processing times compared to SE Secondary for the above-stated reasons.

Even if a security is qualified to be displayed on SE Marketplace, there is no guarantee an active trading market for the securities will ever develop, or if developed, be maintained. You should assume that you may not be able to liquidate your investment for some time or be able to pledge these shares as collateral.

The availability of company information does not indicate that the company has endorsed, supports, or otherwise participates with StartEngine. It also does not constitute an endorsement, solicitation or recommendation by StartEngine. StartEngine does not (1) make any recommendations or otherwise advise on the merits or advisability of a particular investment or transaction, (2) assist in the determination of the fair value of any security or investment, or (3) provide legal, tax, or transactional advisory services.