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Circuit City isn't accepting new investments

Circuit City’s deadline was September 27, 2024

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Circuit City

Recharged with AI. Tech Reimagined.
D2C Consumer Electronics Marketplace AR/VR Software AI & Machine Learning
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$454,900
Committed
15
Investors
Successfully funded and closed on September 27, 2024.
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Pitch Updates 28
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Closed on September 27, 2024. Information may not be up-to-date. Campaign closed on September 27, 2024. Information displayed may not be up-to-date.
Opportunity Product Traction Biz. model Vision and strategy Founders Disclaimers
About Team

Documents

Capital R (OpenDeal Broker LLC, CRD #291387) is hosting this Reg D 506(c) securities offering by CIRCUIT CITY CORPORATION, INC..
Company documents
Subscription Agreement Circuit City - PPM Supplement #2.pdf Circuit City PPM Supplement #1.pdf Circuit City Reg D PPM.pdf Form CRS.pdf Accreditation FAQs.pdf Disclosure & Disclaimers.pdf Additional Risk Disclosures.pdf
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Hear from some of the 15 investors in Circuit City


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Investment summary


$10M+ raised
Company has previously raised over $10M in capital
Venture-backed
Company is backed by a venture capital firm

Circuit City has rebranded from our legacy and is back as an AI technology platform that enhances the shopping experience and gives consumers a better reason to buy with 5M+ products, 5K+ suppliers, 750K+ orders shipped and $140M in total revenue since our 2018 re-launch.


  • Booming Tech Market, $140M in Traction: Dive into the $505B consumer electronics wave with Circuit City, reborn & soaring. We're profitable, we've shipped 750K+ orders & achieved over $140M in sales since re-launch.

  • Beyond Big-Box, Beyond Limits: Experience tech shopping reimagined.

  • Curated selection, AI-powered journeys, and immersive features – all backed by 5M+ products and 2-day shipping.

  • Tech Expertise Redefined, Future Secured: Led by eCommerce and consumer electronics veterans, our team is transforming the landscape, committed to shaping the future of technology.

OpenDeal Broker LLC charges you a two percent (2%) administrative fee on the gross principal transaction with a minimum fee of $5 and a maximum of $300. The fee is added to the total amount of your investment at checkout.

Past financial results are no guarantee of future performance. Click here for important information regarding Financial Projections which are not guaranteed.

Investments in private companies are particularly risky and may result in total loss of invested capital.

This Issuer operates from a foreign jurisdiction; and therefore, many of your country's common laws may not apply or be enforceable.

Risks of early stage investment. Not an offer to buy or sell securities. This is a long-term speculative illiquid investment. Investment is not FDIC or SiPC insured.

There may be other available opportunities that are similar to this investment but have different attributes, characteristics, cost factors, and fees.


Opportunity


Repower Your Tech. 

The Circuit City Comeback

Remember Circuit City? We're back, recharged, and ready to disrupt the consumer electronics game. Forget dusty big-box stores – we're a modern tech platform bringing trusted brands and expert support directly to you, online and beyond.

Three decades as one of the leading electronics stores taught us a thing or two. Now, fueled by AI-powered innovation and strategic partnerships, we're building the future of tech shopping.

Range of Industry Opportunities

We're leading the consumer electronics sector for retailers using cutting edge AI technology, and an innovative store-in-store electronics solution to aid in revenue expansion. Our platform tailors product selections according to industry demographics, pricing, and location.

The Circuit City Rebrand: Powered by Modernization, Advanced Tech & a Consumer-centric Approach  

  • Curated selection: Finding the perfect gadget just got easier. Ditch the endless aisles; our AI-driven platform does the legwork, offering only the best from 500+ trusted brands.
  • Expert guidance: Our tech-savvy crew doesn't just sell gadgets – they become your tech confidantes, advising and supporting you every step of the way.
  • Multi-channel experience: Our brand and experience now spans multi-channels, including our “store-in-store” Powered By Circuit City experience, an advanced B2B line of business, and an exclusive consumer electronics third-party marketplace.

We’re ready to reclaim our spot as the go-to electronics destination by scaling our platform and reach, prioritizing personalization through the power of AI, and continuing to build a passionate team full of top talent. We strive to again become the leader in consumer electronics, providing a multi-channel approach for all electronics shopping needs and experiences. 

Join us as we rewrite the rules of shopping for and buying electronics. Be a part of the Circuit City comeback story.

Circuit City Recharged: Powering the Future of Tech Shopping

Dive into the thriving $505 billion consumer electronics market with Circuit City's next-gen platform. With worldwide consumer electronic sales projected to reach $1.5 trillion by 2027, the tech scene is buzzing.

 Circuit City, the iconic brand reborn, is ready to disrupt it all. Our mission is to efficiently match customers with the best products available while leveraging a proprietary AI-driven tech stack that connects buyers, brands & sellers in one platform. Think AI-powered curation, personalized journeys, and a sleek interface that connects you with top brands, expert support, and the hottest trends.

Product


We provide a curated shopping experience

Technology purchase choices are often driven by interaction and how something feels.

Gone are the days of endless aisles and decision fatigue. Circuit City handpicks the must-haves, organized by room, brand, and more. Competitive pricing, engaging social features, and on-call tech gurus put the power in the hands of consumers. Want to shop with a live advisor at 2 am? Done. Need a virtual tour of your dream home theater setup? Consider it handled. It's an immersive, streamlined, and visually-stunning experience tailored just for you.

Shop by room

Social commerce
Live video shopping
Influencers can leverage our platform to engage with their audiences effectively. Additionally, third-party sellers and brands have the opportunity to engage in both B2C and B2B sales through our platform, with increased conversions by 30%.
Shop with a live advisor

Circuit City Business is disrupting the B2B eCommerce and IT SaaS industries. 

B2B Commerce 

The only dedicated 3rd party marketplace for electronics

Marketplace 

Third-party sellers are struggling to find other channels to sell their products.

Our Solution: The ONLY dedicated marketplace for consumer electronics.

We're teaming up with third-party sellers to create an exceptional online marketplace for both consumers and businesses.

Our Competition at a Glance

Though the field is crowded, most banners are stuck in their traditional online or brick and mortar niches. Circuit City has the flexibility to sell online through its marketplace to B2C & B2b customers, and through its exclusive Powered by Circuit City offering.



Traction


Circuit City: The Future of Electronics

The future of electronics isn't just online, it's with Circuit City. Since our online rebirth, we've achieved over $140 million in D2C and B2B eCommerce revenue, becoming a trusted destination for tech enthusiasts. But we're not just content with a comeback. We're raising capital to fuel ambitious growth across the four pillars, expand our platform, scale sales and marketing, maximize efficiency, and harness the power of AI.

Since our online revival, Circuit City has achieved:

  • Over 750,000 orders shipped: Happy customers keep coming back for more.
  • 500+ brand partnerships: Top names trust us to showcase their tech.
  • High customer satisfaction: Our focus on service wins hearts and minds.

We're not resting on our laurels. We're raising capital to expand our reach and AI-driven tech stack.

A trusted and top consideration for consumer electronics purchases


Business model


Poised for success with multiple revenue streams

Vision and strategy


Founders


Meet the leading team powering innovation and growth

At Circuit City, we're more than just cutting-edge technology – we're about the dedicated individuals who deliver it to you. With decades of experience, expertise, and a shared passion for consumer electronics and the evolution of e-commerce and technology, our leadership team is ready to revolutionize the industry and drive Circuit City to unprecedented success.

Disclaimers


Certain information set forth in this presentation contains “forward-looking information”, including “future-oriented financial information” and “financial outlook”, under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, the information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; (iii) the expected development of the Company’s business, projects, and joint ventures; (iv) execution of the Company’s vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company’s projects; (vi) completion of the Company’s projects that are currently underway, in development or otherwise under consideration; (vi) renewal of the Company’s current customer, supplier and other material agreements; and (vii) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment.

These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.

Although forward-looking statements contained in this presentation are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.

Deal terms


Allocation
$4M

The total investment amount in Circuit City being offered to investors.

Valuation
$187.5M

Pre-Money Valuation

Price per security
$5

Price Per Share

Class B Non-Voting Common Stock
shares

Common stock issued by CIRCUIT CITY CORPORATION, INC. Learn more

Minimum investment
$2,500
The smallest investment amount the issuer is accepting in this offering.
Deadline
September 27, 2024
Circuit City campaign will end on .
Learn more
Logo of Circuit City
Circuit City
Recharged with AI. Tech Reimagined.
Promo period Price per security
Jun 21 — Jul 26 $3.75
Jul 26 — Sep 27 $5
Close

Documents

Capital R (OpenDeal Broker LLC, CRD #291387) is hosting this Reg D 506(c) securities offering by CIRCUIT CITY CORPORATION, INC..
Company documents
Subscription Agreement Circuit City - PPM Supplement #2.pdf Circuit City PPM Supplement #1.pdf Circuit City Reg D PPM.pdf Form CRS.pdf Accreditation FAQs.pdf Disclosure & Disclaimers.pdf Additional Risk Disclosures.pdf

About Circuit City

Legal Name
CIRCUIT CITY CORPORATION, INC.
Founded
Nov 2015
Form
New York Corporation
Employees
19
Website
circuitcity.com
Social Media
Headquarters
Google Map location of of Circuit City
590 Madison Avenue 21st Floor , New York, NY
Headquarters
590 Madison Avenue, 21st Floor, New York, NY, United States 10022

Circuit City Team
Everyone helping build Circuit City, not limited to employees

Profile picture of Ronny Shmoel
Ronny Shmoel
Chief Executive Officer
22+ years of experience in eCommerce, marketplace & consumer electronics. Previous Founder & CEO of top 500 eCommerce company. Global eCommerce expansion and operations experience. 5x CEO Multiple successful exits, M&A experience
Profile picture of Huey P. Long
Huey P. Long
Chief Operating Officer
30+ years of omnichannel merchandising, marketing and marketplace experience. Leadership positions at Amazon, Walmart Circuit City, Radio Shack & Ashley.Managed a 1000+ man team
Profile picture of Alan Kessler
Alan Kessler
Vice President of Sales
40+ years of experience in the electronics industry.Expert in purchasing and dealing with overseas factories throughout Asia.Managed relationships with Walmart, Target, and other large corporations resulting in tens of millions of dollars in sales
Profile picture of Yuri Glukhovskiy
Yuri Glukhovskiy
Executive Vice President
Profile picture of William Mattia
William Mattia
Executive Vice President of eCommerce
Profile picture of Lilia Natanson
Lilia Natanson
Vice President of Finance
Profile picture of Josh Ziegelbaum
Josh Ziegelbaum
Head of Investor Relations
Profile picture of Dustin Baldwin
Dustin Baldwin
Director of Capital Strategy
5 more team members
Ronny Shmoel
Chief Executive Officer
Yuri Glukhovskiy
Executive Vice President
William Mattia
Executive Vice President of eCommerce
Lilia Natanson
Vice President of Finance
Huey P. Long
Chief Operating Officer
Josh Ziegelbaum
Head of Investor Relations
Dustin Baldwin
Director of Capital Strategy
Alan Kessler
Vice President of Sales
Logo of Circuit City

Circuit City

Circuit City successfully raised $54,700 from 15 investors on September 27, 2024
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