AGOGIE

Resistance With Every Step

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Security Type
Common Stock
Categories
Consumer Goods & Products
Min Investment
$102
Location
Fenton, MT
Offering Date
December 16, 2022
Expected Close Date
March 16, 2023
Target Raise
$10.00K-$1.23M
No. Investors
68
Security Price
$2.77
Valuation
$10,011,937
Website
agogie.com
Number of Employees
6
Cash
$50,223
Revenue
$3,988,260
Short Term Debt
$1,610,650
Cost of Goods
$1,836,281
Long Term Debt
$298,400
Net Income
$-1,221,437

Company Description

At AGOGIE, we believe to be creating a new category in the apparel business with our resistance wear. Already in the market, we feel our product has improved the lives of tens of thousands of customers, and have already reached $10M+ in sales since our inception in 2017.

Key Deal Facts

AGOGIE combines athleisure and fitness equipment to help customers to make the most of their workout without sacrificing time. With 77,000+ customers and over $10M in sales, we believe we are creating a new category inside the Global Sportswear Market estimated at US$172 Billion in the year 2020, is projected to reach a revised size of US$221.3 Billion by 2026.* By adding rubber resistance bands into apparel, we enable our customers to workout simply by wearing our clothing and accessories. At just over $1M previously raised, and 220% revenue growth in just one year, we’re getting the attention of more than just customers. AGOGIE has been featured on Tamron Hall, Racheal Ray, Today.com, Good Morning America, Women’s World, Men’s Health, Men’s Journal, and The Chicago Tribune. We also have new products coming out soon including Resistance Sleeves and Resistance Shirts.

Management Team / Advisory Board Bios

Aaron J. MotternFounder / CEO / Board DirectorAaron founded AGOGIE in May 2016. He has a history of being an energetic and driven achiever with a history of building functional strategies across various industries and verticals. As a creative thinker, he is dedicated to aligning marketing strategies with business goals and developing trusted, collaborative relationships with stakeholders to achieve desired outcomes.  • 20 years of entrepreneurship experience in branding, marketing and promotions • 17 years of Product Management and Development • Developed a digital signage network reaching 1.5M+ monthly viewers • Co-developed a chain of custody platform - used by Jet Blue, American Airlines, Southwest and United Airlines • Co-developed a social engagement digital kiosk - used by large brands to capture attendee experiences Aaron also spends a minimal amount of time serving as Manager for Hey Let's Train, LLC, the majority owner of AGOGIE., Joseph McMillenDirector of Operations• Almost 20 years of operations experience • Bachelor’s and master’s degrees in healthcare administration • Strategic leader that has demonstrated the ability to lead a variety of teams and meet goals • Implemented and managed large-scale projects and timelines across various environments Alex KlimanE-Commerce Director and Influencer Engagement• 7+ years experience as an E-commerce Manager and UX Interactive Designer • Manage $2.5M in Facebook ads while collaborating and evaluating external stakeholders against KPIs, budget, and revenue goals • Designed wireframes, built webpages, and conducted ab/b tests that improved website conversion rate by 116%, growing from 1.95 to 2.28 in 2021 Zach BelyewDirector of Customer Service and Distribution• 20 years of customer and sales experience • Developed knowledge base for inbound customer inquires • Seasoned sales professional demonstrating customer retention and revenue growth Zach also works as an Account Manager for Lampe Graphics while working for AGOGIE. Ray FinneyLogistics Manager• 17 years of operational process development • Contract negotiations resulting in a 26% reduction in shipping fees • Six Sigma Green Belt Karen LeekerDirector of Marketing• 30+ years of experience marketing consumer, healthcare, and technology products • Catalyst for metric-driven strategic planning and execution •Drove +30% YOY revenue growth for early-stage technology company Karen currently works as an Account Executive for Spoke Marketing, as an Executive Partner for Atomic Revenue, and marketing consulting services while working for AGOGIE.

Amount Raised : $28,150
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Security Description

Common stock is a security that represents ownership in a corporation.

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