ThoughtFull Toys Inc. offering is now closed and is no longer accepting investments.
INVEST IN THOUGHTFULL TOYS INC. TODAY!
Inspiring Kids to Explore More
$97,940.95 Raised
REASONS TO INVEST
Founder, David Silverglate, started ThoughtFull Toys after his previous company had a successful exit. His invention, the Oball Brand, has sold tens of millions of units and investors have made significant returns.
Can be found in some of the biggest stores like Walmart, Barnes and Nobles, Bed Bath and Beyond and now have access to millions of customers across over 1,800 stores.
Over 70 years of combined toy experience in the industry, we know how to invent and ramp up great products with the vision of growing to become a major 21st century entertainment company.
ABOUT
HEADQUARTERS
303 Potrero Street, Building 29, Unit 101
Santa Cruz, CA 95060
VALUATION
$5.44M
ThoughtFull Toys Inc. creates engaging, durable toy cars and trucks that get kids off their devices and into hands-on, creative play.
TEAM
David Silverglate
CEO
Brian Gulassa
Chief Design Officer
Cilents include over 50 top name toy and sporting goods companies
15 years teaching industrial design at California College of the Arts.
Owner of Gulassa Designs and works as a contractor to the Company with approximately 2 hours per week.
Trevor Hite
COO
Pushed over 1000 to the marketplace.
TERMS
ThoughtFull Toys Inc.
Overview
PRICE PER SHARE
$0.47
DEADLINE
Apr 29, 2020
VALUATION
$5.44M
AMOUNT RAISED
$97,940.95
Breakdown
MIN INVESTMENT
$250.04
MAX INVESTMENT
$1,069,999.65
MIN NUMBER OF SHARES OFFERED
21,276
OFFERING TYPE
Equity
ASSET TYPE
COMMON
SHARES OFFERED
Series Seed-NV Non-Voting Preferred
MAX NUMBER OF SHARES OFFERED
2,276,595
Maximum Number of Shares Offered subject to adjustment for bonus shares
Company | : | Thoughtfull Toys, Inc. |
Corporate Address | : | 303 Potrero Street, Building 29, Unit 101, Santa Cruz, CA 95060 |
Offering Minimum | : | $9,999.72 |
Offering Maximum | : | $1,069,999.65 |
Minimum Investment Amount(per investor) | : | $250.04 |
Terms
Offering Type | : | Equity |
Security Name | : | Series Seed-NV Non-Voting Preferred |
Minimum Number of Shares Offered | : | 21,276 |
Maximum Number of Shares Offered | : | 2,276,595 |
Price per Share | : | $0.47 |
Pre-Money Valuation | : | $5,436,505.98 |
*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.
Company Perks*
All Investor Owners Club
1 Turbo Monster Truck
Early Bird
First 48 hours - Friends and Family Early Birds | 15% bonus shares
Next 48 hours - Super Early Bird Bonus | 10% bonus shares
Next 5 days - Early Adopters | 5% bonus shares
Volume
$250+ 1 Turbo Monster Truck
$500+ 1 Turbo Monster Truck, 1 Midnight Camo Pro Car
$1,000+ 1 Modarri Transporter includes 3 Modarri Pro Cars, 1 Enduro Racer
$2,500+ 1 Carrying Case, 8 Pro cars, 2 Body Packs + Accessories, 1 Enduro Racer
$5,000+ 1 NASCAR track pack, 1 Carrying Case, 8 Pro Cars, 2 Body Packs + Accessories, 1 Enduro Racer
$20,000+ 10% Bonus Shares, 1 NASCAR track pack, 1 Carrying Case, 8 PRO Cars, 2 Body Packs + Accessories, 1 Enduro Racer, 1 Enduro Truck
$50,000+ 15% Bonus Shares, 1 NASCAR track pack, 1 Carrying Case, 8 PRO Cars, 2 Body Packs + Accessories, 1 Enduro Racer, 1 Enduro Truck
*All perks occur when the offering is completed.
The 10% Bonus for StartEngine Shareholders
Thoughtfull Toys, Inc. will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.
This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Series Seed-NV Non-Voting Preferred Stock at $0.47 / share, you will receive 110 Series Seed-NV Non-Voting Preferred Stock, meaning you'll own 110 shares for $47. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are cancelled or fail.
Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.
ALL UPDATES
04.28.20
Last Day to Invest
Hello All,
We’d like to let you know that our StartEngine campaign ends today, 4/28 at 11:59pm PST. We invite you and others to participate during this last lap as we race towards the finish line!
These are trying times for many, and we at ThoughtFull Toys are weathering this storm and remain positive. With millions of families sheltering in place, parents are looking for ways to occupy their children’s time without having to rely on excessive screen-time. There is a real need and demand for the hands-on, open-ended, non-digital play that our toy cars offer - and our current ongoing sales give us optimism for the future.
Currently, we are selling our Turbo value line of Monster Trucks and Speedster cars at 1,200 Walmarts and are increasing this by 10% in the Fall of 2020. We are also building a robust online outreach presence, leading to accelerating sales.
Our vendors, sales reps, and banking partners believe in us, the quality of our products, and the path we have laid out. With this belief and your financial support, we will be able to stay in business, retain our employees, purchase new products from our vendors, help inspire the future inventors and engineers of tomorrow, and come through this together.
Wishing you and your loved ones health and happiness.
Thank you so much for your participation,
David and the ThoughtFull Toys Team
03.30.20
Covid-19 and Thoughtfull Toys
Hello everyone,
I hope that you and your loved ones are all staying safe and healthy. As I’m sure is the case for most of you, the COVID-19 virus is affecting both the operations and personal lives of all of us here at ThoughtFull Toys. Despite these disruptions, we are continuing to ship Modarri products around the country. Please take a look at our newly refreshed website (www.modarri.com).
Right now is a particularly difficult time for parents, especially the many now working from home. With schools closed around the country, parents are looking for ways to keep their children occupied at home - without having to depend on excessive screen time for their kids. What kids need right now are physical indoor products that stoke their innate curiosity and exploration. Our Modarri vehicles and playsets fit that need exactly, and that is why Thoughtfull Toys Inc is a great investment at this time. We hope you will consider supporting our vision of play.
We wish you and yours health and happiness in this difficult time.
All the best,
David and the ThoughtFull Toys Team
03.07.20
Notice of Funds Disbursement
[The following is an automated notice from the StartEngine team].
Hello!
As you might know, ThoughtFull Toys Inc. has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in ThoughtFull Toys Inc. be on the lookout for an email that describes more about the disbursement process.
This campaign will continue to accept investments until its indicated closing date.
Thanks for funding the future.
-StartEngine
02.25.20
New TURBO Line Rolls Into the New York Toy Fair
We're in the middle of showcasing our new TURBO line at the New York Toy Fair and we're so excited to see everyone's excitement about it!
Our new TURBO line came in response to our COO, Trevor Hite, meeting with WalMart and finding that they were looking for a lower price point model.
It was a good opportunity for Brian and Trevor to go back to the drawing board and ask how they could make something that a mass store wanted, but that customers really needed - something that would compliment our current product line.
The result was 3 TURBO Speedster cars and 3 TURBO Monster Trucks. With fixed steering, pop-off wheels and the ability to race straight, we realized this was a perfect fit and worked really well for our customers ages 3-5 years old.
Here are some of our new TURBO vehicles.
02.20.20
For A Few More Days Take Advantage of Bonus Shares
We've had a great start so far in raising $66,000 in 5 days! Thank you to each of the 75 investors who have participated in this raise so far.
There are only a few days left to invest and receive bonus shares. So if you're interested in investing, now is the best time!
We've seen a lift in our WalMart sales in the past week and our team is heading to the New York Toy Fair this week as well. Thank you all for your support.
REWARDS
$250.00
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
$250.00
First Tier: All Investor Owners Club
1 Turbo Monster Truck
$500.00
Second Tier
1 Turbo Monster Truck, 1 Midnight Camo Pro Car
$1,000.00
Third Tier
1 Modarri Transporter includes 3 Modarri Pro Cars, 1 Enduro Racer
$2,500.00
Fourth Tier
1 Carrying Case, 8 Pro cars, 2 Body Packs + Accessories, 1 Enduro Racer
$5,000.00
Fifth Tier
1 NASCAR track pack, 1 Carrying Case, 8 Pro Cars, 2 Body Packs + Accessories, 1 Enduro Racer
$20,000.00
Sixth Tier
10% Bonus Shares, 1 NASCAR track pack, 1 Carrying Case, 8 PRO Cars, 2 Body Packs + Accessories, 1 Enduro Racer, 1 Enduro Truck
$50,000.00
Seventh Tier
15% Bonus Shares, 1 NASCAR track pack, 1 Carrying Case, 8 PRO Cars, 2 Body Packs + Accessories, 1 Enduro Racer, 1 Enduro Truck
JOIN THE DISCUSSION
0/2500
HOW INVESTING WORKS
Cancel anytime before 48 hours before a rolling close or the offering end date.
WHY STARTENGINE?
REWARDS
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SECURE
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