We are excited to announce that one of our portfolio companies, AGOGIE, an eCommerce company that combines athleisure and fitness equipment, is launching an equity crowdfunding raise on StartEngine.com to raise funds for its next stage of growth.
AGOGIE has had an incredible journey so far, with over 77,000 customers and over $10M in sales. They are creating a new category inside the Global Sportswear Market, estimated at $172 Billion in 2020 and projected to reach a revised size of $221.3 Billion by 2026. By adding rubber resistance bands to their apparel, AGOGIE enables their customers to workout simply by wearing their clothing and accessories.
At just over $1M previously raised and 220% revenue growth in just one year, AGOGIE is getting a lot of attention from more than just customers. They have been featured on Tamron Hall, Racheal Ray, Today.com, Good Morning America, Women’s World, Men’s Health, Men’s Journal, and The Chicago Tribune. They also have new products coming out soon, including Resistance Sleeves and Resistance Shirts.
If you are interested in learning more about AGOGIE’s equity crowdfunding raise and potentially becoming an investor, please visit their page on StartEngine.com or reach out to Aaron Mottern, CEO: aaron@agogie.com. He would be happy to answer any questions and provide more information.
