Kickfurther is an online inventory financing platform that connects brands with a community of buyers to fund inventory purchases on consignment, allowing businesses to maintain cash flow without incurring debt. This model enables companies to receive 100% funding for their inventory costs upfront, eliminating stockouts and facilitating growth as they only repay after sales are made.
Funding
$5.9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
GOFounders
Product
Problem
Many businesses struggle to secure sufficient capital to purchase inventory, leading to stockouts and hindering growth due to the constraints of traditional debt financing and equity dilution. These businesses often face challenges in maintaining adequate cash flow while meeting increasing customer demand.
Solution
Kickfurther provides an inventory financing platform that connects brands directly with a community of buyers, offering a consignment-based funding model. This allows businesses to obtain funding for 100% of their inventory costs upfront, without incurring debt or sacrificing equity. Brands repay the funding as they sell their inventory, aligning payments with sales revenue and improving cash flow management. The platform facilitates access to a private marketplace with competitive pricing, enabling businesses to scale operations and fulfill larger orders.
Target Audience
Kickfurther primarily serves established brands with at least $400,000 in trailing 12-month revenue that require flexible inventory financing solutions to manage cash flow and scale their businesses.
Features
- Funding for up to 100% of inventory costs, paid directly to the manufacturer
- Flexible repayment schedules aligned with sales cycles
- Access to a private marketplace for competitive funding rates
- Ability to fund multiple consignment opportunities (Co-Ops)
- Streamlined application and approval process
- Direct payment to suppliers for inventory production
- Monthly subscription-based access to the platform