Brik + Clik

End-To-End Commerce Solution For Brands And Retailers

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Security Type
Crowd SAFE
Categories
Retail, Community & Lifestyle
Min Investment
$100
Location
NEW YORK, NY
Offering Date
October 06, 2021
Expected Close Date
March 09, 2022
Target Raise
$25.00K-$1.07M
No. Investors
199
Security Price
$1
Website
brikclik.com
Number of Employees
2
Cash
$12,438
Revenue
$27,910
Short Term Debt
$20,203
Cost of Goods
$6,207
Long Term Debt
$0
Net Income
$-45,930

Company Description

Our turnkey retail spaces, online marketplace, and a unique checkout-enabled VR store enable Direct to Consumer (DTC) sales seamlessly integrated with the latest commerce trends—while leveraging retail storefronts to double up for e-commerce services. Our scalable omni-channel model is at the confluence of trendy brands, retail, creators, and fulfillment.

Key Deal Facts

Turnkey services: retail, online, live-stream shopping, delivery & more
Curated spaces with in-store tech and analytics
Launched October 2020, six figure revenues + 100+ DTC brand partners
First two locations in San Francisco and New York
5 stores opening in 2022, 10 shop-in-shop partnerships in 2022
Projected revenue: $8M in 2022, $35M in 2023, $85M in 2024

Management Team / Advisory Board Bios

Hemant Chavan
Founder
Mr. Chavan is the cofounder and CEO of Brik + Clik, omnichannel retail marketplace. He leads their operations, marketing, and PR efforts. Within a short span of time, he has established Brik + Clik as one of the most innovative retail concepts.

Eric Hirani
Founder
Mr. Hirani is the cofounder and COO of Brik + Clik, omnichannel retail marketplace. He received his B.S. degree and entrepreneurship minor from Columbia University. He is involved with accounting, culture, fundraising, and operations of the business.
Amount Raised : $228,191
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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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