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Golfkicks isn't accepting new investments

Golfkicks’ deadline was September 16, 2021

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Golfkicks

Transform sneakers into golf shoes
B2C Apparel & Accessories Sports
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$131,363
Raised
276
Investors
Successfully funded and closed on September 16, 2021.
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Closed on September 16, 2021. Information may not be up-to-date. Campaign closed on September 16, 2021. Information displayed may not be up-to-date.
Problem Solution Product Traction Customers Biz. model Market Competition Vision and strategy Funding Founders
About Team Press

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Kicks Industries, Inc..
Company documents
Golfkicks Crowd SAFE Golfkicks Form C.pdf
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Hear from some of the 276 investors in Golfkicks


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Highlights


$1M+ revenue
Company had over $1M in revenue in the past 12 months
  • Addable spikes turn sneakers into golf shoes
  • Global golf shoe market worth $8.5B by 2022
  • Amazon bestseller—4.5 star rating from 1200+ ratings
  • ~55% gross margins, $1.09M TTM revenue
  • Successful Shark Tank appearance, deal with Mark Cuban
  • Expanding beyond golf (baseball, football, lacrosse, run/hike)

Problem


Golf shoes are boring, outdated and expensive

People are tired of golf shoes, especially the next generation of golfers. Existing options are boring, ugly, uncomfortable and expensive.

Solution


Transform ordinary sneakers into extraordinary golf shoes

Golfkicks are a revolutionary new way to bring your sneaker game to the green. Your favorite shoes and a GK Traction Kit are all you need. Mount the DIY spikes to the soles of almost any sneakers and play in comfort and style.

Product


Game changing, easy to use

Golfkicks are designed to work for everyone. With over 500,000 spikes mounted, we've built the product based on feedback from kids, moms, pro golfers and sneaker customizers. Grab a Traction Kit and mount up!Your browser does not support HTML5 video.

Traction


#1 Amazon bestseller

What started as a crazy new invention in 2019 is now Amazon's #1 best selling product for golf spikes.

  • 4th generation product on customer's feet now 
  • Sold out of all models and colors V1, V2, V3
  • ABC’s Shark Tank, deal with Mark Cuban
  • 25K+ customers, 4 world records in Golfkicks spikes, and influencers from PGA, LPGA, Long Drive Tour, and a professional bullfighter/rodeo clown wearing Kobes!

Customers


People ♥ Golfkicks

Golfkicks has a fast-growing community of fans showing off their style and sending us photos and videos of their creations. 97% of customers give us a 4 or 5 star rating on Shopify and Amazon. All it takes is one person with a cool pair of kicks and all of their friends want some too.

Business model


$1.09M in TTM revenue

We sell traction directly to consumers through our website golfkicks.com and Amazon. Traction kits sell for $32 and we’ve generated $1MM+ in TTM revenue, split roughly 50/50 between the two, at ~55% gross margins. We're also learning through boutique retail partnerships with shops in Japan, South Korea and France.

Market


Global golf shoe market worth $8.5B by 2022

The global golf shoe market is projected at $8.5B by 2022. In addition to golf-specific footwear, we estimate over 20% of today's golfers wear sneakers, sandals and other shoes when they play. Golfkicks has an opportunity to play a serious role in the sports footwear market by making sports fun and accessible to anyone who owns a pair of sneakers. 

Our traction goes beyond golf as well - it works for baseball, football, lacrosse, hiking, lawn mowing and almost anywhere traction helps. 

Competition


Golfkicks first-to-market & patent-pending

Golfkicks created the market for addable golf traction and has the competitive advantage of being first, as well as patent-pending product status and multiple trademarks around the brand. Golfkicks is the company known for bringing street style to the green, appealing to a new generation of golfers. Alternatives to Golfkicks include regular golf shoes, very expensive converted customs from "sole swappers", or wearing normal shoes without traction for golf. We continue to innovate and maintain competitive advantage with high quality, affordable products that are simple to use and understand. 

Vision and strategy


Going global and multisport by the end of 2021

Kicks Industries has several exciting brand and distribution partnerships launching in 2021. We are expanding globally to Amazon Europe and Japan and opening distribution overseas. We have also partnered with Pride Sports (Champ, Softspikes), growing manufacturing capacity 10X to meet demand in new markets. In addition to the newest Version 5 golf spikes (Spring 21) get ready for Yardkicks baseball/softball traction launching this Summer and other brands to follow.

Funding


$550k raised to date, $1.5M sales     

Prior funding includes $300K from friends and family (2019) and $250K initial closing Series Seed (2020). Funds from this offering support growth to $200K monthly sales in 2021, purchasing inventory and expanding to additional markets.

Founders


Team has worked and played together for 15 years

The Golfkicks adventure began in a Denver garage with three friends ranging from decent to unsafe on the golf course. We had trouble finding cool, comfortable golf shoes and wondered why you couldn't just add traction to a pair of Chucks or Jordans or whatever you wanted. After a few bad prototypes and some terrible rounds of golf we set up shop to provide freedom of footwear choice to golfers around the world.

  • Tyler Stuart - Cofounder/CEO - 12 handicap
  • John Krosky - Cofounder/COO - 100 handicap
  • Matt Mockus - Cofounder/ Experience - 10 handicap

Founders are the creator of the Sushi Roll® by Fishpond, Tyler Stuart, along with outdoor enthusiasts and entrepreneurs, Matt Mockus and John Krosky. 

Deal terms


Valuation cap

$12,000,000

The maximum valuation at which your investment converts into equity shares or cash.
Learn more

Discount

0%

If a trigger event for Golfkicks occurs, the discount provision gives investors equity shares (or equal value in cash) at a reduced price.
Learn more.

Minimum investment

$100

The smallest investment amount that Golfkicks is accepting.
Learn more

Funding goal

$1.07M

The maximum amount the offering can raise is $1.07M.
Learn more

Deadline
Golfkicks needs to reach their minimum funding goal before the deadline ( ). If they don’t, all investments will be refunded.
Learn more
Type of security

Crowd SAFE

A SAFE allows an investor to make a cash investment in a company, with rights to receive certain company stock at a later date, in connection with a specific event. · Learn more

How it works

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Kicks Industries, Inc..
Company documents
Golfkicks Crowd SAFE Golfkicks Form C.pdf

Bonus perks

In addition to your Crowd SAFE, you'll receive perks for investing in Golfkicks.
171 investors
Invest
$200
Receive
  • Golfkicks Traction Kit - credit code for the website
  • (U.S. shipping only)
  • Limited (29 left of 200)
10 investors
Invest
$5,000
Receive
  • 10 Golfkicks Traction Kits - credit code for the website
  • 1:1 Zoom call with CEO of Kicks Industries
  • Quarterly investor email updates
  • Limited (90 left of 100)
1 investor
Invest
$50,000
Receive
  • 10 Golfkicks Traction Kits - credit code for the website
  • 1:1 Zoom call with CEO of Kicks Industries
  • Quarterly investor email updates
  • Round of golf with the 3 Golfkicks cofounders at Fossil Trace
  • Limited (3 left of 4)

About Golfkicks

Legal Name
Kicks Industries, Inc.
Founded
Oct 2020
Form
Delaware Corporation
Employees
3
Website
golfkicks.com
Social Media
Headquarters
Google Map location of of Golfkicks
621 Kalamath Street 175 , Denver, CO
Headquarters
621 Kalamath Street, 175, Denver, CO, United States 80204

Golfkicks Team
Everyone helping build Golfkicks, not limited to employees

Profile picture of Tyler Stuart
Tyler Stuart
Founder/CEO
Featured in Superheroes · Read
Go out and play - Creator, tinkerer and builder for sports, entertainment and outdoor companies. Inventor of the Sushi Roll® by Fishpond and Golfkicks® Traction Kits
Profile picture of John Krosky
John Krosky
Founder/COO
Operations ninja - Master of understanding accountants, lawyers and warehouse guys, Denver Dad of the Year 2020
Profile picture of Matt Mockus
Matt Mockus
Founder/Experience
Product and customer experience guru - Kindness, listening, digital marketing and lead generation expert makes hundreds of customers smile daily
Tyler Stuart
Founder/CEO
John Krosky
Founder/COO
Matt Mockus
Founder/Experience

Press

'Shark Tank': Mark Cuban invested $300,000 into kits that...
CNBC CNBC
·
Oct 28, 2019

"I've golfed once in my life," billionaire Mark Cuban said in 2018. But that didn't stop Cuban from investing six figures...

Denver startup Golfkicks turns your sneakers into golf sh...
Denver Business Journal Denver Business Journal
·
Jun 17, 2019

Editor's note: This story comes from our online sister publication, Colorado Inno, which focuses on the Colorado startup ...

Shark Tank: Denver's Golfkicks Lands Deal from Mark Cuban
Colorado Inno Colorado Inno

Going into taping, Tyler Stuart was familiar with the viral, sometimes cruel moments that come out of ABC's "Shark Tank."...

'Shark Tank': Turning shoes into golf shoes is a hole in ...
USA TODAY

On Sunday's "Shark Tank," two golfing entrepreneurs sought to bring style to the course and struck a hole in one with the...

These ingenious screw-in spikes turn ANY shoe into a golf...
Golf Golf

If you've never been able to find a pair of golf shoes to really suit your style and personality, three Shark Tank entrep...

Logo of Golfkicks

Golfkicks

Golfkicks successfully raised $131,363 from 276 investors on September 16, 2021
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Takashi, George, Shane, Richard, Kyle, and 271 others invested. 72 Reviews
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