Penny Luck (Equity)

Funding Details
Awarder
StartEngine
Date Award
April 30, 2020
Vertical
Fashion
Funding URL
View Funding Page
Premoney Valuation
$7,100,000
Valuation
$7,100,000

Company Info
Founding Year
2015
Traction
The company has sold 3,000 pairs of shoes with less than a 5% rate of returns, outperforming the industry average. They have achieved gross margins of 84% in 2017 and 74.7% in 2018.
Organizations Involved
None
Founders
Brian Munoz, Mark Munoz, Meagan K. Munoz
Company Description
Penny Luck, is an emerging men’s shoe company that has broken the mold with its unique designs.
Market
Consumer Goods
Location
Round Rock, TX, US
Coinvestors
None

Links
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