Bixbee Launches on Kickfurther to Raise Capital for Inventory Financing of Deal-Flow
Crowdfunding Campaign to Raise $119,872 in 11 Days or Less to Fund Their Production of Bestselling Backpacks
SAN FRANCISCO, CA–(Mar 25, 2016) – Kickfurther, a leading inventory and invoice financing crowd-funding platform that connects companies and backers seeking qualified short-term deal financing, announced today it has partnered with Bixbee, a designer backpack and accessory brand, to finance their inventory to fund production of their bestselling backpacks for the 2016 Back to School Season on the Kickfurther crowd-funding platform.
The $3.0 Billion U.S. backpack market has been growing at a 34% compound annual growth rate. This creates an amazing opportunity for Bixbee’s growth. Their products bridge functionality and durability with fashion and fun. Bixbee’s hugely popular packs found favor with 3-10-year olds because of the fun, creative ways their imaginations take flight. Parents love their horizontal design with ergonomic attributes and superior quality. For every backpack purchased, Bixbee donates a schoolbag with supplies to a kid in need.
Bixbee’s inventory offering goal is to raise $119,872 USD before the funding close date of April 6, 2016. They are offering 14% profit to their backers over a projected 9 months term. This is Bixbee’s 1st campaign with Kickfurther.
Click here to see Bixbee’s offering on Kickfurther.
Kickfurther is a leading inventory and invoice financing crowd-funding platform that connects companies with backers seeking qualified short-term deal financing. Our platform enables productive growth-oriented companies seeking capital to finance production to share their sales opportunities with backers interested to put their money to work in short term profit opportunities in the retail supply chain.
Businesses post offers by choosing the amount of inventory capital they need, the profit percentage backers will earn, and a projected timeline based on sales history. Since its 2015 launch, Kickfurther has funded more than $5.21 Million in 230 offers by more than 170 companies. Their backers have earned an average greater than 2% consignment profit per month on completed offers.
For additional information, please visit Kickfurther.com.
Bixbee products bridge function and durability with fun fashion, and they’re ergonomically designed for kids’ measurements, making them ideal school-day companions. Each backpack has plenty of pockets for supplies, reflective accents to increase visibility, a reinforce base and a colorful exterior that kids will love. Bixbee designer kids’ backpacks are available at retailers like Nordstroms, Whole Foods, Amazon and Barnes & Noble. Bixbee also includes a social mission: for every backpack purchase, they will donate a schoolbag with supplies to a kid in need.
For additional information, please visit: www.bixbee.com
PR & Media Contact:
Matt Bird, CEO
C: +1 (646) 401-4499