Peak Ski Company

Revolutionary skis with proprietary technology by Olympian Bode Miller

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Form C
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Security Type
Crowd SAFE
Min Investment
$250
Location
BOZEMAN, MT
Offering Date
November 17, 2023
Expected Close Date
March 16, 2024
Target Raise
$100.00K-$1.24M
No. Investors
581
Security Price
$1
Website
peakskis.com
Number of Employees
12
Cash
$56,227
Revenue
$2,843,422
Short Term Debt
$3,120,023
Cost of Goods
$1,453,300
Long Term Debt
$6,201,940
Net Income
$-6,366,638

Company Description

Skis have existed for thousands of years, but for too long their design for and delivery to consumers has been stagnant.

Perks

3 investors
Invest
$500
Receive
Peak Ski Company Hat
Peak Poster signed by Bode Miller
Limited (247 left of 250)

46 investors
Invest
$1,000
Receive
All bonus perks above +
A uniquely Peak branded insulated vest as curated with our good friends at Stio
Limited (54 left of 100)

12 investors
Invest
$2,500
Receive
All bonus perks above +
Exclusive 15% Value Discount against any one-time purchase
Custom Peak Brand Carbon Fiber Ski Poles
Limited (88 left of 100)

Invest
$5,000
Receive
All bonus perks above +
Exclusive 20% exclusive value discount against any two transactions.

3 investors
Invest
$15,000
Receive
All bonus perks above +
Two pairs of 2023-24 Peak Skis
A private tour of Peak Headquarters / Development Group Innovation Center.
Limited (47 left of 50)

Invest
$50,000
Receive
All bonus perks above +
Day of skiing with Bode Miller, JT Holmes, Chris Davenport and/or Michelle Parker.
Limited (10 left of 10)

Invest
$100,000
Receive
All bonus perks above +
Semi-private day of skiing with Bode Miller.
Limited (2 left of 2)

Key Deal Facts

Huge market with 1M skis sold in the US annually + another 2.2M in Europe
Two years of record-breaking skier visits show strong growth in the sport
Strong year one performance: 4k+ skis sold, $3M in revenue + 5-star reviews
Bode Miller's "Q Rating" is the highest of any winter athlete in the world
Featured in Bloomberg, Forbes, Outside, Geekwire, Freeskier, Snow Magazine
Dominated ski test reviews across all major ski outlets after one season
Voted Top 4 Most Memorable Brand in SIA 2023 Consumer Reports survey

Management Team / Advisory Board Bios

Andy Wirth
Co-Founder & CEO

Bode Miller
Co-Founder & CIO

Tracy Chang
CMO

Mark Danemann
COO

Darrin Haugen
Chief Product Officer

Becca Huyard
VP Accounting & Finance
Amount Raised : $1,235,000
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The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
ⓘ
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
ⓘ
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
ⓘ
The value of the company compared to similar companies raising money from investors.
Valuation

Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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