Flat Out of Heels
Early Stage
The Solution to Stiletto Sore Feet
Overview
Raised: $249,299
Total Commitments ($USD)
Platform
StartEngine
Start Date
04/08/2021
Close Date
10/05/2021
Min. Goal
$9,994
Max. Goal
$249,992
Min. Investment
$160
Security Type
Equity - Common
Series
Series C
SEC Filing Type
RegCF
Price Per Share
$22.87
Pre-Money Valuation
$6,001,248
Rolling Commitments ($USD)
Status
Funded
Reporting Date
10/30/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$1,393
# of Investors
667
Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2011
Industry
Apparel & Fashion
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Flat Out of Heels, with a pre-money valuation of $6 million, is raising funds on StartEngine. The company makes rollable ballet-style flats that can either be used as an emergency flat or worn every day. The shoes can be rolled and kept in purses due to their compact design. Dawn Dickson founded Flat Out of Heels in 2011. The current crowdfunding campaign has a minimum target of $9,994 and a maximum target of $1,069,995, and the funds will be used to fund growth and expansion. Flat Out of Heels has been promoted by celebrities like Swin Cash and Eva Longoria and featured in publications such as CNN, Yahoo, Huffington Post, and Forbes.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$13,492 |
$48,135 |
|
COGS |
$1,691 |
$22,112 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$22,766 |
$-7,734 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$678 |
$3,893 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$20,595 |
$4,834 |
|
Short-Term Debt |
$180,676 |
$187,680 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$180,676 |
$187,680 |
Financials as of: 04/08/2021
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$25 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Already a member? Log in here.
Ratings 
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.