REASONS TO INVEST
TEAM
Dan Soviero • Founder & CEO
Dan also helps Maddie run her youth lacrosse program. He spends around 80 hours per week in his primary role building and running Signature and an additional 10 hours per week helping Maddie build her program!
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Brian Bohn • Head of Sourcing & Sales
Andrew Gilliland • Head of eCom & Systems
Andrew also runs a few eCommerce brands on the side. He spends around 60 hours per week in his primary role building Signature and an additional 20 hours per week leading other eCom brands.
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ABOUT
HEADQUARTERS
301 West Platt Street Unit 416
Tampa, FL 33606
WEBSITE
View Site
TERMS
Overview
PRICE PER SHARE
DEADLINE
Mar. 31, 2025 at 10:43 AM UTC
VALUATION
Breakdown
MIN INVESTMENT
MAX INVESTMENT
OFFERING TYPE
Maximum Number of Shares Offered subject to adjustment for bonus shares
ALL UPDATES
11.25.20
Feature in Disrupt Magazine & Thrive Global
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
11.10.20
Only a Few Hours Left to Invest!
To all of our current and interested investors,
Since we launched the campaign a couple months ago our team has made some amazing progress;
- (3) New Team Members / Director of Operations / Director of R&D / Account Manager
- (5) New Independent Sales Reps
- (30) New 3 YR Agreements Signed with Programs around the Country representing +$1 mil in annual revenue added
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
11.06.20
Big News: Signature Locks in 30th Program on Pace to Beat 2021 goal by the end of 2020 / Just a Few Days Left to Invest!
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
11.05.20
Huge New Hire / Sports Industry Leading R&D Expert Matt Winningham Joins the Signature Team
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
10.23.20
Key Hires & Continued growth in Team Store Partner Program - 26 Programs Under Contract | +260% of goal for 2020 with all of Q4 Left!
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
10.23.20
Notice of Funds Disbursement
[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
10.05.20
Product Market Fit: Signature Ships +1,000 Uniforms to Families Across the Country in First 2 Months of Launching the Team Stores!
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
10.05.20
Notice of Funds Disbursement
[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
09.25.20
Founder & CEO, Dan Soviero, Named to Tampa Bay's rising Entrepreneurs and Innovators
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
09.21.20
HUGE PRODUCT MARKET FIT: 18 Programs Under Contract / +180% of goal for 2020 with all of Q4 Left!
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
REWARDS
JOIN THE DISCUSSION
0/2500
Gregory Bellizzi
4 years ago
I was reading about your Chinese supplier issues and was wondering if you could share an update. Who’s your new supplier, where they’re located and what efforts have you made to ensure those problems are behind you?
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Craig Friesen
5 years ago
When will I get my t-shirt and discount code for investing? Want to start buying gear 👍🏻
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Rory Cannaday
5 years ago
Valuation based 4x revenue multiple on valuation, and highly leveraged $1.8MM in secured debt seems pretty rich, can you share the comps that helped you come up with such a high valuation given leverage and working capital needs? Seems also that Working Capital is being impacted from higher Inventory (lower turns) and your needing to stretch your payables (higher AP)...
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Chad Flede
5 years ago
After the initial investment, what happens? Are there dividends? Can the shares be sold? Besides buying items at a discount, what other benefits are there?
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Suhut Lin
5 years ago
Is there a reason why the CEO is charging the company a 12% interest for a loan ($170,500) to the company? I'm just surprised as that's the highest interest rate among all creditors and wondering if there's a reason for such a high interest as the CEO is already drawing a salary. Thanks.
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William Bates
5 years ago
What is the ebitda in 2019 on the $2,356,137.43 in sales? What was the breakdown of sales by segment in 2019?
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Alfred Nunan
5 years ago
What were FY 2019 revenues?
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Brian Bohn
5 years ago
Signature's focus is entirely on growing the sport of lacrosse through product innovation and great service, and it is fantastic to help them achieve these goals!
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HOW INVESTING WORKS
Cancel anytime before 48 hours before a rolling close or the offering end date.
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FAQS
With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.
With Regulation Crowdfunding, non-accredited investors with an annual income or net worth less than $124,000 are limited to invest a maximum of 5% of the greater of those two amounts. For those with an annual income and net worth greater than $124,000, they are limited to investing 10% of the greater of the two amounts.
At the close of an offering, all investors whose funds have “cleared” by this time will be included in the disbursement. At this time, each investor will receive an email from StartEngine with their Countersigned Subscription Agreement, which will serve as their proof of purchase moving forward.
Please keep in mind that a company can conduct a series of “closes” or withdrawals of funds throughout the duration of the campaign. If you are included in that withdrawal period, you will be emailed your countersigned subscription agreement and proof of purchase immediately following that withdrawal.
StartEngine assists companies in raising capital, and once the offering is closed, we are no longer involved with whether the company chooses to list shares on a secondary market or what occurs thereafter. Therefore, StartEngine has no control or insight into your investment after the close of the live offering. In addition, we are not permitted to provide financial advice. You may want to contact a financial professional to discuss possible investment outcomes.
For Regulation Crowdfunding, investors are able to cancel their investment at any point throughout the campaign up until 48 hours before the closing of the offering. Note: If the company does a rolling close, they will post an update to their current investors, giving them the opportunity to cancel during this timeframe. If you do not cancel within this 5-day timeframe, your funds will be invested in the company, and you will no longer be able to cancel the investment. If your funds show as ‘Invested’ on your account dashboard, your investment can no longer be canceled.
For Regulation A+, StartEngine allows for a four-hour cancellation period. Once the four-hour window has passed, it is up to each company to set their own cancellation policy. You may find the company’s cancellation policy in the company’s offering circular.
Once your investment is canceled, there is a 10-day clearing period (from the date your investment was submitted). After your funds have cleared the bank, you will receive your refund within 10 business days.
Refunds that are made through ACH payments can take up to 10 business days to clear. Unfortunately, we are at the mercy of the bank, but we will do everything we can to get you your refund as soon as possible. However, every investment needs to go through the clearing process in order to be sent back to the account associated with the investment.
Both Title III (Regulation Crowdfunding) and Title IV (Reg A+) help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, click here, and for Regulation A+, click here.
Beverly Andersson
4 years ago
Hi Signature, I noticed in the Bonus section that it reads as follows: "Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for." I qualify for a red shirt now due to my investments, but I would rather two white shirts if at all possible. I am giving this investment to my two daughter's for Christmas as they are both avid lacrosse players. Please let me know if this is possible. Or two red shirts would be awesome too! Also, that you for such awesome products. My daughter's and their team love your lacrosse balls. We are hoping to working with your company in the near future on new uniforms for our local teams!
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