MOJO Licensing

Official NFL, MLB, NBA, NHL, NCAA, and PGA Tour branded backpacks and luggage

Analytics

Raised to Date: $262,007

Aggregate Commitments $
Platform

Wefunder

Start Date

04/30/2021

Close Date

04/30/2022

Min. Goal

$50,001

Max. Goal

$1,007,498

Min. Investment

$299

Security Type

Equity - Preferred

Funding Type

RegCF

Series

Pre-Seed

Pre-Money Valuation

$10,100,000

Rolling Commitments $
Status

Active

Reporting Date

05/12/2021

Days Remaining

350

% of Min. Goal

524%

% of Max. Goal

26%

Likelihood of Max
extremely
Avg. Daily Raise

$21,834

# of Investors

311

Momentum
warm
Log in or create a free account today to gain access to KingsCrowd analytics.
Location

Santa Ana, California

Industry

Apparel & Fashion

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Business Type

Life Style

MOJO Licensing, with a pre-money valuation of $10.1 million, is raising funds on Wefunder. The company makes official NFL, MLB, NBA, NHL, NCAA, and PGA Tour branded backpacks and luggage. It is a one-stop-shop for sports fans to be a part of their team and carry it along to school, work, or vacations. Mario Simonson founded MOJO Licensing in January 2016. The proceeds of the current crowdfunding round, with a minimum raise of $50,001 and a maximum raise of $1,007,498, will be used towards marketing and working capital. MOJO Licensing currently sells through Amazon, Target, Bed Bath, Home Goods, Home Depot, and team stores.
Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$1,911,535

$3,442,904

COGS

$723,927

$1,672,701

Tax

$800

$800

 

 

Net Income

$-696,849

$-728,800

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$1,848

$109,547

Accounts Receivable

$387,725

$814,416

Total Assets

$1,580,779

$2,452,988

Short-Term Debt

$1,526,740

$1,841,643

Long-Term Debt

$1,331,414

$959,000

Total Liabilities

$2,858,154

$2,800,643

Log in or create a free account today to gain access to KingsCrowd analytics.
Upgrade to Gain Access
Pay Monthly
Annually (Save 17%)

Pro

$25 /month
billed annually
Unlimited analyst reports. Does not include ratings.
Plan Includes:
Everything in Starter, plus
Filter on Staff Picks (e.g. Top Deal, Deal to Watch, etc.)
Full access to Analyst Reports
Market Analytics
Ratings
Get Pro Annual

Merlin

$41.67 /month
billed annually
Unlimited analyst reports and full access to Merlin ratings.
Plan Includes:
Everything in Pro, plus
Search and filter companies by Merlin ratings
Company specific Merlin rating and risk assessment
Ratings
Get Merlin Annual
Already a member? Log in here.

Ratings

Other Deals

Hidden Company on Platform

Analyst reports are restricted for only Pro and Merlin members. Please upgrade for access.

RegCF
Hidden Company on Platform

Analyst reports are restricted for only Pro and Merlin members. Please upgrade for access.

RegCF
Hidden Company on Platform

Analyst reports are restricted for only Pro and Merlin members. Please upgrade for access.

RegCF
Create your first portfolio
WELCOME TO YOUR OWN INVESTMENTS PORTFOLIO ON KINGSCROWD.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Add MOJO Licensing on Wefunder
Follow company
Follow MOJO Licensing on Wefunder