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The OLLO Group, Inc.

Operating

OLLO Group, Inc.

Beauty & Fashion · Product · Torrance, CA · Founded 2012

OLLO makes high-performance footwear for ‘movement sports’ athletes, designing shoes that function in incredibly demanding environments. With best-in-class grip, OLLO shoes have become a favorite among parkour, freerunning, and ninja warrior athletes, and the brand is gaining traction worldwide.

Post-money valuation
$4.7M
As of Aug 2023 · from OLLO FOOTWEAR Preferred Stock 1 · pre-money + amount raised, not a traded price
Total raised
$226,965
Across 2 rounds since 2020
Latest share price
$5.00
The OLLO Group, Inc. Stock 1 offering price

Financials

FY2018–FY2022 · from SEC filings · hover any figure for its source
$194K
−$9K
2018
$158K
−$8K
2019
$74K
−$104K
2020
$48K
−$86K
2021
$169K
$11K
2022
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2018
FY2019
FY2020
FY2021
FY2022
Income statement
Revenue
$194,439
$157,709
$74,024
$48,324
$168,581
Cost of goods sold
$114,924
$137,385
$58,431
$17,792
$42,145
Gross margin
41%
13%
21%
63%
75%
Net income
-$8,589
-$7,545
-$104,216
-$85,786
$11,160
Taxes paid
$0
$0
$0
$0
$0
Balance sheet
Cash
$15,428
$3,738
$2,244
$218
$9,370
Accounts receivable
$0
$0
$0
$0
$0
Total assets
$51,822
$53,502
$42,884
$77,789
$36,673
Short-term debt
$8,334
$8,689
$7,558
$0
$45,952
Long-term debt
$0
$8,689
$20,910
$59,607
$0
Total liabilities
$8,334
$8,689
$28,468
$59,607
$45,952
Other
Headcount
1
1
1

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited; no pill means the filing didn’t state one. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Post-money = pre-money + amount raised · caps marked
$4.6M
post-money
$4.7M
post-money
The OLLO Group, Inc. Stock 1
OLLO FOOTWEAR Preferred Stock 1

A dashed amber step is a SAFE/note valuation cap — a conversion ceiling agreed for that instrument, not a priced valuation of the company. Steps are not comparable across bases.

Fundraising history

OLLO FOOTWEAR Preferred Stock 1ClosedReg CF · Preferred Equity · via WeFunder
Raised $95.1K / $500KInvestors 47Post-money $4.7M
The OLLO Group, Inc. Stock 1ClosedReg CF · Common Equity · via StartEngine
Raised $131.9K / $1.1MInvestors 226Post-money $4.6M

Team

4 people
William (Chip) HowesFounder
Founder / CEO

Chip has been designing and bringing footwear to market for 25 years. He has worked primarily in the action sports and street fashion arenas, creating best-selling products for brands including, Burton, DC Shoes, TOMS shoes, REEF, O'Neill, FEIT, and others. He and his team are now focused on the challenge of making footwear for the new generation of 'movement athletes', whose only equipment requirement IS shoes. Footwear design has been Chip's passion since winning a Reebok sponsored design competition as a student at the prestigious Art Center College of Design in Pasadena, California, and spending the following summer doing a design internship at Reebok headquarters in Massachusetts. Chip was trained as an industrial designer, but his experience for over two decades has put him in the boardroom of numerous brands as a key strategist on brand growth.

Gregg L. Witt
Strategic Marketing Advisor

Gregg L. Witt is a partner and Chief Strategy Officer at Engage Youth Co., where he leads the strategy and consumer engagement programs for brands targeting youth audiences. Gregg has been immersed in the business of youth culture since the age of 16 when he started his first company, Goodtimes Skateboards. Despite adult naysayers, Witt took the company to global distribution in its first year; this early success ignited a passion and respect for the power of subcultures. Never content to just ‘know it when he sees it’, Witt has dedicated his career to a focused examination of the wisdom and authenticity inherent in today’s youth, while guiding others on how they might, respectfully, do the same. With over 16 years of experience in youth insights, brand strategy, and marketing activation, he is a renowned cultural marketing strategist and international public speaker. In 2016, he was named a Top Youth Marketer To Follow by Inc. Magazine, and in 2017 made the Forbes list of leading Generation Z experts. In 2018 he co-authored the Gen Z Frequency for Kogan Page, a comprehensive guide to engaging youth culture. He frequently appears in national media as a youth trends expert. A short list of past clients includes Autodesk, AwesomenessTV, College Board, FunnyOrDie, Glaceau Vitamin Water, HBO, Hollister, Partnership for Drug-Free Kids, Procter & Gamble, Qualcomm, Tony Robbins, and The Walt Disney Company.

Howard Lu
Development and Production Advisor

Howard Lu is a Chinese American designer, and an alumnus of the Art Center College of Design. He is a veteran product designer and developer with two decades of experience creating products for numerous brands in the athletic fashion industry, both in the US, and in China. Howard’s unique skill set bridges the chasm between concept and manufacturing and he has spent the past 10 years in China building business and manufacturing relationships. He is expert at sourcing and his understanding of production methodologies allows him get product made to the highest standards. He has worked with Chip Howes, the founder and CEO of OLLO Footwear, for 20 years.

Mark Toorock
Strategic Sports Advisor

Mark Toorock is the founder and CEO of American Parkour, the first organized parkour community in the US, now over 165,000 followers strong. In 2003 Mark was working in London as a technology manager for an investment bank when he discovered parkour, reminding him that his true passion was movement, teaching, performance, and building. Mark has since operated the first and longest-standing academy for parkour in the world. He brought parkour to the mainstream media through television series on broadcast networks, high profile performances, and advertising for major brands. American Parkour’s focus in recent years has been bringing parkour to schools and designing equipment that supports the joy of movement that early parkour training can bring to kids. APK’s curriculum and equipment can now be found in over 50 schools throughout Washington DC and Maryland. American Parkour is also beginning to implement parkour programs and facilities in summer camps.

Names and titles as disclosed on SEC Form C, StartEngine. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not requiredFewer than 300 holders of record

Filed 2 of 6 annual reports (FY2020–FY2025)

226 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

SEC filings

  • Form CMay 15, 20230001670254-23-000553
    EDGAR
  • Form C-ARMay 1, 20230001665160-23-001119
    EDGAR
  • Form C-AR/ADec 17, 20210001665160-21-002255
    EDGAR
  • Form C-USep 3, 20210001665160-21-001584
    EDGAR
  • Form C/AMay 27, 20210001665160-21-000984
    EDGAR
  • Form C-ARApr 29, 20210001665160-21-000697
    EDGAR
  • Form C/AApr 19, 20210001665160-21-000486
    EDGAR
  • Form CNov 25, 20200001665160-20-001477
    EDGAR
Source: ManualCIK 0001828347DEShare price $5.00

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.