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Security Type
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Debt
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Categories
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Technology, Infrastructure, Manufacturing, Financial Services, Consumer Goods & Products, Retail, Service Businesses
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Min Investment
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$100
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Offering Date
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August 27, 2021
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Expected Close Date
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April 30, 2023
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Target Raise
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$100.00K-$5.00M
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No. Investors
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635
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Security Price
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$11.81
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Valuation
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$25,000,000
- Number of Employees
- 11
- Cash
- $242,778
- Revenue
- $2,421,150
- Short Term Debt
- $536,398
- Cost of Goods
- $1,179,001
- Long Term Debt
- $573,440
- Net Income
- $-761,583
Company Description
Buttonsmith is leading the manufacturing revolution. Over the past seven years, we have bootstrapped a working blueprint for 21st century American manufacturing. Now it's time to scale more broadly, and reinvent American manufacturing.
Key Deal Facts
E-commerce, automation and software driven American manufacturing company
$5.5M in gross revenue in 2020
More than 500,000 customers
Bootstrapped on lean manufacturing best practices & software expertise to show our model works
Featured on People.com, Popsugar, FastCompany, Forbes 30 Under 30, NowThis
Donated nearly $500,000 in masks to Washington schools to get kids back to school safely
Demonstrating that manufacturing can be good for customer, employees, environment and community
Average customer rating 4.9 out of 5 stars
Management Team / Advisory Board Bios
Darcy Burner, CEO
Computer scientist, MBA, recovering politician, all around geek. Microsoft, Harvard. Strangely obsessed with golden retrievers. I love solving hard problems. I love making products that make people happy. And while lots of people agree that we must rebuild American manufacturing, I'm really excited we have been able to build the prototype for what the next generation of American manufacturing should be.
Jonathan Shapiro, President
Recovering CS prof at Johns Hopkins, PhD, software architect at Microsoft, researcher at IBM and Bell Labs. Recidivist entrepreneur. Has never met a dog he didn't like.
avatar for Michael Burner
Michael Burner
CTO
Software guy who built the Internet Archive, the Wayback Machine, and the original Alexa. Microsoft Systems Architect. Favorite of all Buttonsmith dogs. Secretly writing a SF novel.
Amount Raised
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$1,135,325
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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
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The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
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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
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The value of the company compared to similar companies raising money from investors.
Valuation
Security Description
Debt is something, usually money, borrowed by one party from another. Debt is used by many corporations and individuals to make large purchases that they could not afford under normal circumstances. A debt arrangement gives the borrowing party permission to borrow money under the condition that it is to be paid back at a later date, usually with interest.