SOURCE: Bixbee

Bixbee

Bixbee

April 19, 2016 10:00 ET

Bixbee Has Successfully Funded Their Inventory Through a Kickfurther Crowd-Funding Campaign

Raises $119,871.92 in 7 Days to Finance Their Inventory of Deal Flow

SAN FRANCISCO, CA--(Marketwired - Apr 19, 2016) - Kickfurther, a leading inventory and invoice financing crowd-funding platform that connects companies and backers seeking qualified short-term deal financing, is proud to announce it has successfully completed a $119,871.92 inventory financing in 7 days with Bixbee, a designer backpack and accessory brand. The funds will be used to finance growing purchase orders for Bixbee's inventory. Bixbee is expected to payout a consignment profit of 14% over a projected offer term of 9 months.

In this Kickfurther campaign, Bixbee funded their inventory for their bestselling backpacks for the 2016 Back to School Season. The inventory will be shipped to Bixbee in the name of their Kickfurther backers and the brand intends to provide a total payout of $136,653.99 USD.

Bixbee's backpacks bridge functionality and durability with fashion and fun. Their product is hugely popular 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. This is Bixbee's first campaign with Kickfurther.

Click here to see the successful Bixbee's offering summary information.

About Kickfurther
Kickfurther is a leading inventory and invoice financing crowd-funding platform that connects companies with backers seeking qualified short-term deal financing. The 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 $6.26 Million in 250 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 www.kickfurther.com.

About Bixbee
Bixbee products bridge function and durability with fun fashion, and they're custom designed for kids' measurements, making them ideal school-day companions. Each backpack has plenty of pockets for supplies, reflective accents to increase visibility, a reinforced base and a colorful exterior that kids will love. Bixbee designer kids' backpacks are available at retailers like Nordstrom, 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

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Contact Information

  • Offering Contact:
    Stephanie Joe
    VP, Business Development & Strategy
    Bixbee
    Email: info@bixbee.com
    Direct: 877-573-7833

    Company Contact
    Erik Straub
    CMO
    Kickfurther, Inc.
    Direct: 908-698-3130
    Email: erik@kickfurther.com

    Media / PR Contact
    Matthew Bird
    President
    1-800-PublicRelations, Inc.
    Direct: 646.401.4499
    Main: 800.782.6185
    Email: support@1800pr.com
    Website: www.1800pr.com

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