INVEST IN POPCOM: Reserve your shares now!
We are very excited about what we are building at PopCom. Since 2017, we have been on a mission to build software and hardware to revolutionize vending as we know it. It has not been an easy road, the path has had many twists and turns, but despite the global pandemic and supply chain challenges of 2020-2021 that shut down many companies, PopCom has still seen 130% year over year growth and showing no signs of slowing down. We have raised over $7 million from institutional investors and crowdfunding in the last 5 years and continued to be a recognized leader in automated retail innovation.
After the close of our last $3.7M round in 2021 on Start Engine, the team has been busy scaling our PopShop Local program to 10 locations around the country, building our new PopBox refrigerated machines for food/beverage, and innovating in the Web3 space, being the first tech company to sell NFTs in vending machines. PopCom is growing fast, and we must expand our team and operations to accommodate the demand for our machines and software. It is important for us to reach specific traction milestones in preparation for our Series A – this campaign will serve as a bridge to allow us to launch 12 more PopShop Local machines, make key hires on our executive team, and begin production on our next batch of machines. Our goal is to launch 100 PopShop Local machines by June 2023 and raise a $10M+ Series A - you can help us reach this goal by investing in our crowdfunding campaign which is now live! Invest now at www.startengine.com/popcom. The minimum to invest is $100 and there are perks for those who invest early.
WHY ANOTHER CROWDFUNDING CAMPAIGN?
Simple…it works for us. Everyone knows the capital markets both public and private, are down. It is a challenging time to raise institutional capital. At the start of 2022 we were planning to raise a $5M Series A, but our lead investor pulled out because they were not able to close their fund....it put our company in a challenging position and we have had to rethink our fundraising strategy. We want to keep moving fast, and we can’t be at the mercy of VCs who make funding decisions at a mammoth pace. Once again we are going to our community to raise capital and gain traction. Let’s make history once again! Invest now at www.startengine.com/popcom
This Reg CF offering is made available through StartEngine Capital, LLC.