The Company was founded in 2020 by e-commerce experts and ex-founders of an e-commerce start-up which they successfully exited. The Company provides a platform for entrepreneurs to launch skincare, supplement, or packaged food brands without large upfront costs with a dropshipping business model. Currently it operates mostly in the US.

The Company, currently, is raising a Series A equity round of USD 10m. However, to ensure seamless operations together with growth, and to satisfy the increased demand from clients in the high season, the Company is seeking working capital financing of EUR 206,400 for 12 months to supplement working capital and settle with suppliers. Investors are offered a 15.48% annual interest rate (1.29% monthly) with monthly interest payments and principal repayment at the end of the loan term. The holding Company, which is incorporated in the US will provide a guarantee for the loan. The project risk rate is D (69 out of 100).

If the Series A funding round is finalized before the end of the loan term, the loan must be repaid.

Update: Financing goal reduced to EUR 206,400.

There are a number of factors that make lending to the Company an attractive opportunity and the main highlights are as follows:

• The Company was founded by e-commerce experts with a proven track record of building up and successfully exiting from a start-up.
• The Company has exceeded USD 3m turnover in the first 9 months of 2023 and is on track to exceed USD 5m by the end of the year.
• The Company up to now has raised USD 1.9m from reputable VC funds and private investors.
• The Company has a competitive advantage over its competitors with its growing product catalog, ease of use and storefront integration.