"Signature Lacrosse's Premium Ball's Chosen to Become the Official Ball of the NLL"
Signature Lacrosse's Premium Ball's Chosen to Become the Official Ball of the NLL. The NLL will be working in collaboration on a new game changing lacrosse ball!
The Problem
There are several problems within lacrosse and the larger sports industry, which we have set out to solve. We started with a simple goal in 2016—to make a better ball. Based on our internal research, all balls were being made the same way and the quality was seriously lacking. Next, we set out to create quality goal frames, nets and lacrosse sticks with a lifetime warranty, which were lacking from the market.
Now we’re applying our proven problem-solving approach to a bigger challenge facing team sports. Ordering custom uniforms and apparel is more difficult and time-consuming than it needs to be. This creates headaches not only for parents and players, but also program directors. Rather than spending more time coaching kids on the field, program directors lose valuable time to the current archaic process for outfitting their teams and families.
We believe ordering custom uniforms and fan gear should be made as fast and easy as placing an order with Amazon.
The Solution
All of our apparel is made right here in the US and we offer the fastest turn around times on custom apparel in all of sports with our 7, 14, and 21-day rush options and the only 100% replacement guarantee!
From custom fan gear to uniforms, our online team stores are customized with the widest selection of apparel across all team sports. We set them up free of charge to our partner programs! Gone are the days of waiting for up to two months for custom uniforms that show up with sizing, number, or color errors. Our API integrations streamline the information transfer from the time the order is placed and its production at the factory to its shipment directly to the player or parents home.
Signature Lacrosse created the first premium lacrosse ball, which spun into a new category in the sport. Within less than five years, our ball has become the official ball of the NLL, WPLL, MLL, CLL, and is used by over 300 college lacrosse programs. We solved the problem of stringing a net to a goal frame and, shortly after, followed it with the first-lifetime warranty on pro-strung lacrosse sticks. Now, we are expanding beyond problem-solving for lacrosse products to tackle a broader pain point in the sports market—being able to order team apparel in a way that is easy, fast, and reliable.
With an amazing team of experts and a passionate community of clients, we are ready to take Signature Lacrosse to the next level and would like to invite you to join us!
Our Traction
Signature Lacrosse has achieved over $8 million in lifetime sales, and we have over 2,000 team clients, 30,000+ consumer clients and more than 50,000 social media followers. Over the last four years, we have averaged over 74% year over year growth. Our partners include the sport’s top professional leagues such as NLL, WPLL, MLL, and CLA. We now have an incredible advisory board of sports market leaders guiding us along our journey and we have secured multiple patents and trademarks for our brand. With an amazing team of experts and a passionate community of clients, we are ready to take Signature Lacrosse to the next level and would like to invite you to join us!
The Market
The global sports apparel and equipment market is valued at 118 Billion and includes custom team sports apparel, and hard goods for all sports. As we scale our company, we plan to grow into the broader athletic leisure apparel market.
What We Do
At Signature Lacrosse, we help passionate directors, coaches and players outfit their teams with the best gear so they can spend more time on fields doing what they love, without compromising quality or service. We do this by offering the first 24/7/365 team stores with the highest quality equipment, fully sublimated uniforms and the best seasonal collection of custom fan gear for the families in youth sports programs. We also offer all of the Signature Premium hard goods, such as our game changing Signature Premium Balls, our patented Quick Connect Goals, and our revolutionary pro-strung sticks backed by the first lifetime warranty in the sport. All of this is drop shipped right to the player’s or parent’s door, saving program directors time, money and headaches!
The Business Model
Our premium products can be found at signaturelacrosse.com and third-party marketplaces such as Amazon. We also have a Signature Partner Program Team Store model in place for our Team Clients throughout North America. This program creates a flywheel of ongoing momentum and growth by driving more parent/player traffic to our site, fueling our remarketing engine, and further building our community. Also, the Signature Partner Program gives us a source for authentic feedback to help further innovate new problem-solving products, which in turn allows us to expand into other sports.
Our average gross margins for 2020 so far have been more than 40%.
How We Are Different
Signature Lacrosse was built for the players, by the players. Our Signature Partner Program Team Stores give us some unique advantages in the sports industry. These include durable data and distribution advantage in the consumer market and IP on all of our problem-solving hard good product lines. We also created a loyal client base of die-hard passionate lacrosse players, coaches and parents who share our same mission—to grow the game!
The Vision
We’ll continue to grow by providing our Signature Partner Program team store solution to youth sports markets starting with lacrosse and then expanding to basketball, soccer, baseball, football, volleyball, golf and more. During this expansion, we are rebranding from Signature Lacrosse to Signature Athletics to represent our evolution into the greater team sports industry. We plan to grow by utilizing our remarketing efforts with parents and players within the partner programs and our proprietary process for bringing new problem-solving products to market. Specifically, we have a network of factories for all facets of manufacturing hard goods for the sports market including: cut and sew, plastic and rubber injection, composite and metal fabrication, as well as a team of contractors with experience in all sporting goods products, plus a staff experienced in CAD work.
In 2023, we aim to have over 100 Teams as Signature Partner Programs.
The numbers above reflect company goals for the next 5 years. Actual results not guaranteed .
Our Team
Our team is made up of players, coaches and parents of players working together to solve problems in youth sports to further grow the sports and make them more available to the world. Furthermore, our team members boast a wide array of expertise from sourcing electronics for companies like Comp USA and sporting goods products for companies like Titleist and UA in Taiwan for 30 years and starting the Major League Soccer to playing lacrosse at the highest levels and coaching/running youth sport programs for decades. We are living and breathing the problems we are solving for ourselves and the greater sports markets. Our achievements are a result of the values we hold as a company and our passion for sports.
Why Invest
We are passionate about building a company for the players, by the players and while we had verbal offers from VC’s and PE firms around the country, to us it made a lot more sense to sell equity to the same community that is helping us achieve our mission rather than some suits that may have a different vision or different priorities. We are on a mission to grow the game, and our work reflects that mission and always will.
Signature Lacrosse's Premium Ball's Chosen to Become the Official Ball of the NLL. The NLL will be working in collaboration on a new game changing lacrosse ball!
Former Players Spearhead the Growth of Lacrosse by Stepping Off the Field. Developing problem solving products for the lacrosse community to accelerate the growth of the sport.
“Major League Lacrosse is thrilled to partner with Signature Lacrosse this season,” said Director of Sponsorship, John O’Leary. “Signature Lacrosse balls, due to their innovative technology, have quickly become the standard in elite lacrosse play."
Top 5 Specialty Lacrosse Brands
Signature Lacrosse Makes History!
Company | : | Signature Athletics, Inc. |
Corporate Address | : | 301 West Platt Street Unit 416, Tampa, FL 33606 |
Offering Minimum | : | $10,000.00 |
Offering Maximum | : | $1,070,000.00 |
Minimum Investment Amount(per investor) | : | $250.00 |
Offering Type | : | Equity |
Security Name | : | Class B Non-Voting Common Stock |
Minimum Number of Shares Offered | : | 1,000 |
Maximum Number of Shares Offered | : | 107,000 |
Price per Share | : | $10.00 |
Pre-Money Valuation | : | $10,000,000.00 |
COVID Relief
This offering is being conducted on an expedited basis due to circumstances relating to COVID-19 and pursuant to the SEC’s temporary regulatory COVID-19 relief set out in Regulation Crowdfunding §227.201(z).
Expedited closing sooner than 21 days
In reliance on Regulation Crowdfunding §227.303(g)(2) A funding portal that is an intermediary in a transaction involving the offer or sale of securities initiated between May 4, 2020, and August 31, 2020, in reliance on section 4(a)(6) of the Securities Act (15 U.S.C. 77d(a)(6)) by an issuer that is conducting an offering on an expedited basis due to circumstances relating to COVID-19 shall not be required to comply with the requirement in paragraph (e)(3)(i) of this section that a funding portal not direct a transmission of funds earlier than 21 days after the date on which the intermediary makes publicly available on its platform the information required to be provided by the issuer under §§227.201 and 227.203(a).
*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.
Company Perks*
All Investor Owners Club
10% discount in online purchases “Partner”
Early access to products
Access to State of Signature Quarterly Newsletter
Early Bird
Super Early Bird - First 48 hours | 25% bonus shares
Friends and Family Early Birds - Next 48 hours | 15% bonus shares
Early Bird - Next 5 days | 10% bonus shares
Volume
$500+ (Tier 1 perk) White Signature "Investor" T-Shirt & Lifetime Exclusive Partner Discount
$1,000 (Tier 2 perk) Red Signature "Investor" T-Shirt & Lifetime Exclusive Partner Discount
$5,000+ (Tier 3 + 5% bonus shares) Silver Signature “Investor” Custom T-Shirt & Lifetime Exclusive Partner Discount
$10,000 (Tier 4 + 10% bonus shares) Gold Signature “Investor” Custom T-Shirt & Lifetime Exclusive Partner Discount
$20,000+ (Tier 5 + 15% bonus shares) All Gold Signature “Investor” Stick + Gold Signature T-Shirt & Lifetime Exclusive Partner Discount
$50,000+ (Tier 6 + 20% bonus shares) All Gold Signature “Investor” Stick + Gold Signature T-Shirt & Lifetime Exclusive Partner Discount
$90,000+ (Tier 7 + 25% bonus shares) All Gold Signature “Investor” Stick + Gold Signature T-Shirt & Lifetime Exclusive Partner Discount
*All perks occur when the offering is completed.
The 10% Bonus for StartEngine Shareholders
Signature Athletics 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 Class B Non-Voting Common Stock at $10/ share, you will receive and own 110 shares for $1000. 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 investor's 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 canceled or fail.
Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.
A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.
Happy Thanksgiving Week to all of our awesome supports, fans, and investors!
I am happy to share that our team was recently featured in;
- Disrupt Magazine / Creating the Perfect Lacrosse Ball
- Thrive Global / Inspiring Next-Gen Entrepreneurs
We are excited to have our investment round closed so we can get back to work focusing on growing the business and our impact on youth sports!
If you have not already, please go to our website signaturelacrosse.com and subscribe to our email list so you can stay up to date on all things Signature!
Dan Soviero
Founder & CEO
To all of our current and interested investors,
Since we launched the campaign a couple months ago our team has made some amazing progress;
We have made some massive strides in our infrastructure and our plans for 2021 have already grown far past the expectations we set on the campaign page. On the campaign page, we projected to have (10) Agreements signed by the end of 2020 and (39) Agreements signed by 2021. We are now projecting to sign (+100) Agreements by the end of 2021.
With only a few hours left to join us on our journey now is the time.
Sincerely,
Dan and the Signature Team
We are so excited to announce that we have just signed our 30th program to a 3 year contract! With 5 contracts pending and a pipeline full of programs we are expanding our team to manage all the growth!
Our 2020 goal was to close 10 programs, we smashed that a couple months ago and now we are on pace to crush our 2021 goal before the end of the 2020 year!
There are just a few days left to invest and become part of the Signature Journey to make sports more accessible and build the next iconic sports brand.
Make it a great day,
Dan Soviero
Founder / CEO
Signature
Matt Winningham has served as the Director of Advanced Designs & Concepts for the New Balance owned Warrior Lacrosse, Hockey, and Soccer brands. Prior to New Balance, Matt was in a Product Management leadership role at Rawlings. And for the last 10 Years Matt has been working as a consultant for some of the biggest brands in sports developing product lines and marketing plans to get them from design/development to launch/scale!
Matt is joining Signature to lead all R&D efforts at Signature advancing our current product lines and building out the full equipment lines for Lacrosse, Hockey, and Soccer! His client first mentality is a perfect fit for the Signature culture!
We are pumped to have Matt join the team and spearhead the next generation of Signature Athletics Problem Solving Sports Equipment!
Make it a Great Day,
Dan Soviero
Signature
As we have continued to scale the Team Store model, which we have been seeing unprecedented product market fit for, we have had a need to expand our Client Success team.
We have been blessed with some great new teammates, Dianna - Director of Ops, and Patty - Account Manager. These new team members mark an important expansion in our business and will free up some of our existing team members to focus on driving more sales by continuing to serve our clients and find new ones!
We are excited by the progress the company has made throughout the campaign, and want to thank all of the amazing investors who have joined our mission to grow the sports we all love!
Thank you for your continued support of Signature,
Dan Soviero
Founder / CEO
[The following is an automated notice from the StartEngine team].
Hello!
As you might know, Signature Lacrosse 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 Signature Lacrosse 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
We are excited to announce a major milestone, we shipped our one thousandth uniform just 8 weeks after launching the new Team Store model.
During that time, we were able to gather some early data to test against our assumptions. What we found is really exciting! We anticipated capturing $140/player per year in sales. This breaks down into 3 main areas, uniform, hard goods, and custom fan gear.
The uniform assumption has proved out at 100% of expectations. And whats really interesting is the hard goods and custom fan gear assumptions are on track for between 4-6x our original expectation. This means we may see the average per player per year sales, a leading indicator of the value of one of our 3 year agreements with a youth or travel program, skyrocket north of $200 per player.
We are really excited by this progress but whats got our team most excited is our continued success with customer service, through the launch, and inevitable hick ups of the new Team Store program, our team has been able to maintain a 4.8/5 star rating and is coming up on 2k reviews!
Thank you for your continued support of Signature,
Dan Soviero
Founder / CEO
[The following is an automated notice from the StartEngine team].
Hello!
As you might know, Signature Lacrosse 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 Signature Lacrosse 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
Our mission is simple "to Grow the Game through Problem Solving Products made For the Players, By the Players."!
We are excited for our company and team to be recognized next to a host of very successful young entrepreneurs. Learn more about recent press here; https://signaturelacrosse.com/pages/press
The best part, our journey is just getting started! Now time to get back to work.
Thank you to all of our investors for the support,
The Flock
The Signature Partner Program Team Store solution is a game changer!
We are seeing unprecedented product market fit and are already +180% of Plan for 2020!
Check out the video below to learn more about how the Partner Program Team Store solution is changing the game for youth and club lacrosse programs around the country!
Thank you to all our investors for your continued support,
Dan
Founder / CEO
Signature
{{ profileCtrl.commentsLoading ? 'Loading...' : 'Show More Comments' }}