Kickfurther Review 2026: How Inventory Co-Ops Pay and What Buyers Can Verify
Kickfurther lets any US resident over 18 put as little as $20 into a 'Co-Op' that funds a consumer brand's inventory on consignment and pays a Co-Op-specific margin as units sell. The company has operated since 2014 and says it has facilitated more than $300 million, but publishes no default, loss or realized-return figures, shows Co-Op terms only behind a login, holds no securities registration, and appears as a creditor in 26 bankruptcy cases of funded brands since 2020.
No platform response on record for this review. Is this your platform? Respond or claim it.
What the data actually shows - TL;DR
Kickfurther is a marketplace, not an issuer. A brand lists a Co-Op; retail Buyers claim pieces of it from $20; when the goal is reached Kickfurther, acting as the Buyers' agent, buys the inventory and consigns it back to the brand, which pays a per-unit 'revenue share price' as it sells.
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Buyers' profit is an estimated margin that depends on when the brand completes; their downside is the brand's failure to sell or pay. The company describes the arrangement as consignment, not a loan and not a security, and holds no securities registration. What the public record adds is the other side of the ledger: twenty funded brands' own SEC filings carry the obligation as debt at stated costs of 5.10% for five months to an average 16% on 5.5-month paper (brand-side costs, separate from the margins estimated for Buyers and from any realized Buyer return), and 27 funded-brand debtors in 26 bankruptcy cases since 2020 list Kickfurther as a creditor; in the four contested cases AltStreet read its secured claim was disallowed, reclassified, avoided or, in a proposed plan, limited. Those cases show what can happen to claim priority when a brand fails; they are not a loss rate, and Kickfurther publishes no default, loss or recovery rate for Buyers.
Minimum participation in a Co-Op, per the Buyers page; open to US residents 18 or older with an email, a password and a bank link through Dwolla. Non-US residents cannot open accounts.
Bankruptcy cases of funded brands since 2020 that list Kickfurther or Ouiby as a creditor on the RECAP archive, with 27 debtor companies (one case in 2020, one in 2021, three in 2022, six in 2023, five in 2024, nine in 2025, one so far in 2026; Day One Distribution and Zero Day Nutrition were jointly administered). Fifteen debtors schedule about $4.93 million of Kickfurther claims. These are claims against the brands; no denominator of Co-Ops funded and no Buyer-level recovery figure exists.
What funded brands say Kickfurther cost them, in their own Regulation Crowdfunding filings: 'Interest Rate: 5.10% / 5-month term' (Everybody Water), a 12.00% 'Kickfurther Consignment Agreement' on a reviewed debt schedule (Highline Wellness), 'average interest paid was 16%' on 5.5-month average maturity (SpiritHoods). None of the 20 carries it as anything but a liability. These are brand-side costs, separate from the margins estimated for Buyers on listings and from any realized Buyer return.
Fee on contributions made through Copilot, the early-reservation feature; card-purchased Kickfurther Credit carries a 2.9% fee, and bank funding is free and takes three to five days (funding modal on a listing, November 7, 2026). The terms also let Kickfurther 'deduct its expenses from such consignment payments prior to distributing them to you', without a rate.
How Kickfurther's claim ended in the contested bankruptcies read: disallowed as secured and allowed as general unsecured in Waldon (April 2024), reclassified unsecured in Faith Bridge (May 2023), liens avoided and nothing paid on the separately classified Class 5 claim under Kate Quinn Organics' confirmed plan (2025), with any allowed amount moved to the general unsecured class whose recovery the documents read do not state, and a proposed amended plan in Buttercup Bodywear (2026, not yet confirmed) that would limit the secured claim to $9,846.73 of one Co-Op's inventory.
Published figures for defaults, losses, recoveries or realized Buyer returns. The company states '$300M' facilitated (October 2024) and '$100M+ in profit' earned by Buyers since 2014; neither is defined or audited, and no financial statement of Ouiby, Inc. is public.
Bankruptcy counts and claim amounts are from debtors' schedules, plans and court orders on the RECAP archive (free documents only; 37 CourtListener requests). Brand-stated costs are from Form C and C-AR filings on EDGAR. Platform mechanics and claims are from kickfurther.com and its help center as captured November 7, 2026. Co-Op margins, schedules, package prices and funding histories are from eight listings of seven brands read from a logged-in account on November 7, 2026, seven of them open that day; they are what the marketplace showed on one day, not a sample of its history.
Quick Verdict
Is this platform right for you?
Kickfurther is a working marketplace with a decade of operation, a low entry and well-documented mechanics, and it sells retail Buyers the credit of one small brand at a time without telling them how often that credit fails. The public record fills part of the gap: 26 funded-brand bankruptcy cases since 2020, courts treating its consignment claim as unsecured in the contested cases read, and funded brands' own filings pricing the money at 5% to 16% over a few months (a brand-side cost, not a Buyer return). Buyers get a Co-Op-specific margin, an undisclosed expense deduction, a cancellation vote and no secondary market, under a consumer contract rather than a security.
Best for
- US residents who want to fund specific consumer brands' inventory in small amounts they can afford to lose, and who will read each Co-Op's badges and the brand's other debts before claiming.
Avoid if
- You need loss statistics before committing.
- You need the money on a fixed date.
- You want the protections of a registered or exempt securities offering.
Top strengths
- Low entry ($20), no accreditation, and a documented process from launch to payout.
- Kickfurther holds title to the inventory as agent and files UCC statements on specific Co-Op goods.
- Flag triggers, monthly reporting duties and a cancellation vote give Buyers a process when a brand slips.
- Ten years of operation and a stated $300 million facilitated, with a board that includes institutional investors.
Key limitations
- No default, loss, recovery or realized-return data published; marketplace listings behind a login.
- Secured status disallowed, reclassified, avoided or limited in the four contested bankruptcies read; 27 funded-brand debtors in 26 cases since 2020, with no Buyer-level recovery figure.
- Undisclosed expense deduction from Buyer payouts and an unpublished fee schedule for brands.
- No securities registration and no regulator view; terms of use dated 2021; arbitration and class waiver.
- No financial statements of Ouiby, Inc.; its 2022 $7 million offering shows nothing sold.
Compare Before Deciding
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Quick Answers
What most investors want to know first
The highest-signal facts first: minimums, liquidity reality, K-1 timing, and whether distributions are actually part of the experience.
Liquidity
None.
K-1 Timing
No K-1; 1099-K above thresholds.
Distributions
Starts once the funded inventory is received and selling; the brand's first obligation begins only when sales begin.
Overview
Platform Overview
A concise read on what the platform is, how the structure works, and where the practical friction shows up for real investors.
Ouiby, Inc., doing business as Kickfurther, runs a marketplace that funds consumer product inventory. A brand that passes screening (the home page FAQ says '$400K+ in trailing 12-month revenue', or $200,000 to $400,000 with purchase orders from major retailers) lists a Co-Op: a goal amount, a product list, a timeline and a profit margin. Buyers, who must be US residents over 18, claim pieces of it from $20 using bank funds (through Dwolla, up to five business days to clear) or card-purchased Kickfurther Credit, which cannot be withdrawn.
When the goal is reached, Kickfurther, 'as your agent', buys the inventory, usually paying the supplier directly, and consigns it to the brand; its 2017 complaint in a fraud case alleged, of the three contracts at issue, that 'the title of the consignment inventory, or its proceeds, would remain the property of, and vest in, Kickfurther'. The brand reports sales on the contract schedule and pays a 'Revenue Share Price' per unit sold; Kickfurther collects, deducts its expenses, and credits Buyers bi-weekly. A Co-Op that misses reporting, sells slowly or defaults is flagged and can be put to a cancellation vote weighted by dollars, which decides 'next steps, accept settlements, etc.' The brand pays a funding fee plus a monthly consignment fee 'set by the marketplace'; the Buyer pays 0.5% on Copilot contributions and 2.9% on card-funded credit, and bears the brand's credit. Kickfurther says the arrangement is consignment, not a loan, not a stock or bond, and not a security.
Brands list Co-Ops; US retail Buyers fund them from $20; Kickfurther buys the inventory as the Buyers' agent and consigns it to the brand, which pays per unit sold. The company raised venture money from, among others, Grand Oaks Capital, Draper Associates and Bill Tai by its own account, lists Paychex founder B. Thomas Golisano and Grand Oaks' David Bovenzi as directors in its 2022 Form D, and installed Gregg Gordon as CEO in April 2025 with founder Sean De Clercq as chairman. It holds no securities, broker-dealer, lending or adviser registration and says its product is not a security.
Entity
Ouiby, Inc. d/b/a Kickfurther; Delaware corporation; Colorado foreign-entity record 20151791439 in good standing; principal office 1200 Pearl Street, Suite 404, Boulder, CO; EDGAR CIK 1711042 (Form D notices only).
Product
Co-Op: a consignment purchase of a brand's inventory, funded by Buyers from $20, repaid per unit at a 'Revenue Share Price' with a Co-Op-specific profit margin; early access through Copilot (0.5% fee); card-purchased Kickfurther Credit; a personal store earning 5% credit on sales.
Eligibility
US residents 18 or older; no accreditation; bank link through Dwolla; non-US residents cannot open accounts.
Brand side
Screening on revenue documentation, business credit, Secretary of State standing and news searches; stated threshold $400,000 trailing revenue ($200,000 with major-retailer purchase orders); cost is a funding fee plus a monthly consignment fee set by the marketplace; funds released five business days after funding, less the Kickfurther fee, inspection costs and wire fees.
Public record
Five Form Ds for Ouiby's own capital (2017 to 2022); 20 funded brands' Reg CF filings describing the obligation; 27 funded-brand bankruptcies since 2020; four civil actions with Kickfurther as a party.
Reporting
Buyer dashboard, monthly brand updates on the Co-Op page, a CSV export, a 1099-K above $20,000 and 200 payouts (from 2024); no platform-level statistics; no financial statements.
Liquidity
None before the brand pays; no secondary market; cancellation by weighted vote when a Co-Op is flagged.
Investor Operations
The practical questions investors actually care about: when tax documents arrive, how cash distributions work, and whether capital can be exited before the underlying asset is sold.
Tax Documents
K-1 Timing
What to expect
No K-1; 1099-K above thresholds.
Cash Flow
Distributions
Frequency
Bi-weekly processing as the brand pays.
Timing
Starts once the funded inventory is received and selling; the brand's first obligation begins only when sales begin.
Consistency
Not published; flag triggers and cancellation votes exist for Co-Ops that fall behind.
Liquidity
Exit Reality
Holding period
The life of the Co-Op, set per listing and extendable by the brand's timeline.
Exit options
- Completion of the Co-Op.
- Cancellation by weighted vote and whatever settlement or liquidation follows.
Secondary market
None.
Investment Structures
Co-Op (consignment opportunity)
A claim in a brand's inventory purchase from $20 (platform-stated). When the goal is reached, Kickfurther as agent buys the inventory, usually paying the supplier, and consigns it to the brand; the brand pays a per-unit revenue share price on the contract schedule until the Co-Op completes, and Buyers receive their share bi-weekly. The profit margin, package price, timeline and badges are set per Co-Op and shown on the listing, behind the login.
Copilot early access
An optional feature (October 2023) that reserves allocations in new Co-Ops matching a Buyer's criteria before public launch, for a 0.5% fee on each contribution made through it; allocations are sized by Engagement Points earned from deposits, credit purchases, funded claims and store sales, and lost on withdrawals.
Kickfurther Credit and the personal store
Credit bought by card can only fund Co-Ops and is not withdrawable; the personal store lists Co-Op products at Kickfurther's prices and pays 5% of each sale in credit, which expires after a year. Store sales also count toward the Co-Op balance.
Institutional funder agreements
Separate contracts for large funders: Fundient Inventory LLC signed a 'Consignment Opportunity Financing Agreement' in 2021 and, per the 2024 order, ran a $20 million portfolio through a Kickfurther contractor before suing in 2023. Terms are not public and the product is not offered on the site.
Risk
Risk Structure
This is where the marketplace pitch gives way to the actual operating reality: delayed exits, limited disclosure, fee drag, and path-dependent outcomes.
Asset
A single brand's inventory batch, bought at cost and consigned back; value depends on the brand selling it and paying; no pooling.
Investor claim
A contractual share of consignment payments collected by Kickfurther as agent, and under the terms a share of proceeds if the inventory is liquidated or sold through the Kickfurther Store; title is Kickfurther's per its 2017 complaint; in the four contested bankruptcies read Kickfurther's claim was treated as unsecured or, in a proposed plan, limited.
Reporting
Dashboard and brand updates only; no platform statistics, no financial statements, no audit.
Compliance record
No registration and no regulator action located; the 'not a security' position is the company's own; terms of use dated 2021.
Liquidity
None until the brand pays; no secondary market; cancellation decided by weighted vote.
Brand credit and sell-through risk
A Co-Op pays only as the brand sells and reports; the brands are small consumer companies, many funded alongside merchant cash advances, revenue-based advances and SBA loans.
Why it matters
Twenty-seven funded-brand debtors in 26 bankruptcy cases since 2020 list Kickfurther as a creditor; fifteen scheduled about $4.93 million of Kickfurther claims. Where the record shows a treatment, Kickfurther's claim was to be paid pro rata as unsecured or nothing on its secured class; what Buyers received is not in the record.
Mitigation / verification
Read the Co-Op's badges, the brand's other obligations and the sales history before claiming; size each Co-Op as money that may not come back.
Legal characterization risk
Kickfurther calls the arrangement consignment with title in Kickfurther; debtors and their accountants call it a loan or a secured financing; in the contested cases read, courts disallowed, reclassified or avoided its secured claims, and one proposed plan would limit them.
Why it matters
Whether the Buyers' money comes back from a failed brand depends on the Co-Op contract, the inventory and competing claims; in the contested cases read, Kickfurther's title and liens did not hold as filed.
Mitigation / verification
Ask Kickfurther how a Co-Op's inventory and proceeds are treated when a brand files for bankruptcy, and for its recovery record.
Platform discretion and conflicts
Kickfurther sets fees with the brand, deducts undisclosed expenses from Buyer payouts, estimates inventory value, runs cancellation votes and can remove a Buyer's vote.
Why it matters
No independent party checks the allocation of proceeds between Kickfurther, the brand and Buyers.
Mitigation / verification
Ask for the expense deduction policy and the Co-Op contract before claiming.
Regulatory status
Co-Op claims are offered to the public without registration, under the company's view that they are not securities; AltStreet located no regulator ruling either way.
Why it matters
Buyers have none of the disclosure, custody or antifraud protections that registered or exempt securities offerings carry; a later contrary view could change the product or stop it.
Mitigation / verification
Treat the arrangement as an unregulated consumer contract governed by Colorado law and AAA arbitration.
Sponsor finances and continuity
No financial statement of Ouiby is public; its last Form D (2022) noticed a $7 million debt-and-option offering with nothing sold; a new CEO took over in April 2025.
Why it matters
Buyers' money moves through Kickfurther's agency and Dwolla; the platform's own solvency and staffing decide whether collection, flagging and payouts continue.
Mitigation / verification
Ask for current financial information and how Buyer funds are segregated.
Regulatory & Legal Posture
Security Status
Consignment purchase claims sold to the public without registration or an exemption filing; Kickfurther says the product is 'not a stock, bond, or loan platform' and that Buyers are 'purchasing inventory on consignment'. Ouiby, Inc. itself has filed Form D notices for its own equity and note offerings (2017 to 2022).
Kickfurther holds no broker-dealer, funding portal, investment adviser or lender registration in the sources searched (IAPD, BrokerCheck, EDGAR, Colorado records). AltStreet located no SEC, state securities or consumer protection action concerning the Co-Op product and no no-action letter. The characterization rests on the company's view; the bankruptcy and Reg CF records show counterparties and courts treating the same contracts as loans or secured financings.
- Terms of use (last updated March 2, 2021): 'by making a claim in a Consignment Opportunity ("Co-Op"), you are agreeing to fund and purchase consignment inventory in the amount of your claim in the event that the total consignment goal amount is reached.'
- Terms of use: 'the only user-facing claims Kickfurther verifies are those contained in the credibility metrics.'
- Terms of use: 'Kickfurther may deduct its expenses from such consignment payments prior to distributing them to you.'
- Terms of use: cancellation and liquidation decided 'based on a majority vote weighted by initial dollar purchase by each buyer or Kickfurther'; 'Kickfurther reserves the right to remove your right to vote'.
- Terms of use, Liquidation or Kickfurther Sale Profits: 'If Consignment Inventory, for a Co-Op you purchased into, is seized and liquidated, or sold through the Kickfurther Store or any other means, Kickfurther will provide you with payment from such sales up to the amount you would have been entitled to if the Co-Op would have succeeded.' Kickfurther may first apply the proceeds to its costs of sale and keeps any excess over the Buyer's maximum entitlement.
- Ouiby, Inc. Form D, March 9, 2022 (amended April 11, 2022): debt and option to acquire, $7,000,000 offered, $0 sold, $500,000 estimated for related persons; directors listed include B. Golisano, Bill Tai and David Bovenzi.
- Ouiby, Inc. Form D, May 6, 2019: 'Convertible Notes', $450,000 sold to 4 investors, first sale April 9, 2019.
- Colorado Secretary of State: Ouiby Inc., entity 20151791439, foreign corporation (Delaware), Good Standing, formed in Colorado records December 11, 2015.
- Fundient Inventory LLC v. Ouiby, Inc. d/b/a Kickfurther, D. Colo. 1:23-cv-01845, filed July 20, 2023, terminated October 1, 2024: order of August 26, 2024 dismissed Kickfurther's tortious interference and civil conspiracy counterclaims without prejudice and let its good faith and fair dealing claim proceed; the manner of termination is not described on the docket.
Disclosure Quality
Mechanics are described in the help center and terms; economics (fees to brands, expense deductions, margins, loss rates) are not. No offering document, financial statement or audit exists for Buyers.
Custody Model
Buyer bank funds move through a Dwolla Platform account 'held or transferred by Dwolla's financial institution partners'; card-purchased credit is a platform balance that cannot be withdrawn; consignment payments are collected by Kickfurther as agent and credited bi-weekly. Title to consigned inventory is Kickfurther's.
Regulatory Backing
None specific to the product; Dwolla is a payments provider, not a custodian of securities.
Tax Treatment
Reporting
1099-K (from 2024, above $20,000 and 200 payout transactions); otherwise a CSV export from the consignment tab
Annual by email where the thresholds are met; the help center tells Buyers to consult a tax professional.
Income Character
Not stated by the platform
The help center provides a reporting tool and a 1099-K above the federal thresholds but does not characterize Buyers' profit. A 1099-K reports gross payouts, not profit, so a Buyer must compute basis (the contribution) and gain per Co-Op from the CSV.
Limitation
AltStreet is not a tax adviser; whether consignment profit is ordinary income, how a canceled Co-Op's shortfall is treated, and the position of card-purchased credit are questions for a professional.
Special Considerations
- Gross payouts on a 1099-K include the return of the Buyer's own contribution; reconcile to the CSV before reporting.
- Losses on a canceled Co-Op are not addressed in the help center.
Account Suitability
Taxable
Yes.
Roth IRA
Not offered; accounts are individual and funded by bank link or card.
Traditional IRA
Not offered.
HSA
Not addressed.
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AltStreet Data Layer
What the data actually shows
The court and EDGAR records supply the loss and cost data the platform does not; the platform supplies the mechanics.
26 bankruptcy cases of funded brands since 2020
One case in 2020, one in 2021, three in 2022, six in 2023, five in 2024, nine in 2025 and one in 2026 on the RECAP archive, 27 debtor companies (Day One Distribution and Zero Day Nutrition jointly administered), mostly chapter 11 and at least nine under Subchapter V; fifteen debtors schedule about $4.93 million of Kickfurther claims, the largest Kate Quinn Organics ($1,098,992.76) and Vista Partners ($1,081,114.69).
What this means
These are claims against the brands. The platform's loss rate is unknown: there is no denominator of Co-Ops funded and no Buyer-level recovery figure.
Secured status cut back in the four contested cases read
Waldon (disallowed as secured, allowed unsecured, pro rata in months 25 to 60 of the plan), Faith Bridge (reclassified unsecured, claim withdrawn), Kate Quinn (liens avoided, $0 on the Class 5 claim, any allowed amount to the general unsecured class), Buttercup (proposed amended plan would limit the secured claim to $9,846.73 of one Co-Op's inventory; not confirmed when read).
What this means
Kickfurther's title and UCC filings on specific inventory did not hold as filed once a brand's estate or plan challenged them; what Buyers received in those cases is not in the record.
Brands price it as debt at 5.10% to 16%
Twenty Reg CF issuers carry Kickfurther as a liability; stated costs are 5.10% for five months, 7.0% for a Co-Op term, 12.00%, and an average 16% on 5.5-month maturities; four CPA-reviewed statements treat it as a product financing arrangement or short-term debt.
What this means
A Buyer's gross margin comes out of these costs, before Kickfurther's deduction and before losses; the annualized rates are high because the terms are short.
Ouiby's own capital raises on EDGAR stop in 2022
$450,000 of convertible notes to four investors (2019); a $7,000,000 debt-and-option offering noticed March 2022 with $0 sold and never amended for sales; no notice for the April 2021 round the company announced.
What this means
The company's funding and solvency are not visible in any public filing.
Retail access confirmed; margins are a schedule by completion period
Register page open to US residents 18 or older. Eight listings read from a logged-in account show a 'Profit % if complete in period' table of nine 30-day periods on two curves (1.07% to 9.66%; 1.45% to 13.08%), an estimate pinned to the timeline's completion month (5.03% over 3.9 months to 11.35% over 7.9 months), packages from $52.58 to $9,873.61, and a 2025 Co-Op still carrying an 'Estimated' payout nine months after its scheduled completion.
What this means
Prospective Buyers cannot see any of this before creating an account, and completed Co-Ops' results are not shown on any listing read.
One brand, 70 Co-Ops
Rebel Green's listing shows 63 earlier Co-Ops with 'Total Raised' summing to about $3.06 million (median $34,236; ten 2026-dated Co-Ops about $814,000) and a 70th open at about $61,500; Food Innovations was on its 18th, Zelmin's on its fourth, Shiphrah Puah and Fire & Pine on their second, Logie Joe's Golf and Joon Beauty (about $1.03 million) on their first. The seven open Co-Ops read total about $1.68 million.
What this means
Repeat brands dominate the listings read; the platform shows their funding history and not their payment history.
Data as of 2026-11-07 . AltStreet review evidence layer . Public-source analysis
Full datasetDecision Fit
Investor Fit
Who this works for, who it does not, and what level of patience and complexity tolerance the platform really demands.
US residents who want to fund a specific brand's inventory with money they can lose
The entry is $20, the mechanics are documented and payouts run as units sell; the counterparty is one small brand and no loss rate is published.
Investors who need published performance statistics
No default, loss, recovery or realized-return figures exist; the only quantified record is 27 bankruptcies and the brands' own filings.
Investors who want a security with disclosure and custody rules
The product is offered as a consumer consignment contract without registration; Buyers waive reliance on the platform's diligence and agree to arbitration.
Investors who need the money on a date
Payout timing follows the brand's sales and reporting; a flagged Co-Op goes to a vote.
Tradeoffs
Key Tradeoffs
The attraction of pre-IPO access is real, but every benefit comes bundled with a corresponding liquidity, transparency, or pricing cost.
Return
Undisclosed expense deductions; the margin rises with each 30-day period the brand takes (1.07% to 9.67% on one listing read), so the dollars depend on a timeline the brand controls; losses unmeasured.
Risk
Single-brand credit; secured status cut back in the four contested bankruptcies read.
Liquidity
No exit before the brand pays; cancellation by vote.
Disclosure
No fee schedule, no statistics, no financial statements, listings behind a login.
Avoid
Who This Is Not For
This section should be read as a filter, not an afterthought. If you need income, simplicity, or near-term access to capital, the structure is working against you.
Non-US residents
Accounts are limited to US residents.
Anyone who cannot absorb the loss of a whole claim
Each Co-Op is one brand's inventory; 27 funded-brand debtors have filed in 26 bankruptcy cases since 2020.
Investors who need audited or regulated reporting
None exists for Buyers or for Ouiby, Inc.
Editorial View
AltStreet Perspective
The compressed version of the review: what matters, what marketing tends to obscure, and how we would frame the platform for a serious allocator.
Verdict
A Kickfurther Co-Op is single-brand inventory financing offered as consignment. The Buyer's recovery depends on the Co-Op contract, the inventory and competing claims; the terms give the Buyer a share of consignment payments and of any liquidation or store-sale proceeds, after Kickfurther's costs, rather than the goods. Kickfurther, not a regulator, characterizes the product as not a security, and it is sold without the disclosure a security would carry, by a marketplace that keeps the brand fee schedule to itself and acts as the Buyers' agent and the brand's counterparty at once. The bankruptcy record of funded brands is the nearest public substitute for the loss data Kickfurther does not publish: in the contested cases read, Kickfurther's claim was to be paid pro rata as unsecured or nothing on its secured class, and what Buyers received is not in the record.
Positioning
Among retail credit platforms AltStreet reviews, Kickfurther is the one that offers no security at all: no note, no fund, no filing. That removes the costs of registration and the protections that come with it. Compared with Supervest's fixed-coupon notes or Percent's deal-by-deal private credit, the Buyer here holds a contractual claim on one brand's consignment payments and any liquidation proceeds, not a security.
The Bottom Line
Consignment inventory Co-Ops from $20 with an estimated margin, no published loss rate, a consumer contract instead of a security, and a bankruptcy record in which Kickfurther's secured claims did not hold as filed when contested.
Action
Next Steps
If you still want to engage after reading the review, these are the practical next moves that reduce avoidable mistakes.
Ask Kickfurther for its default, loss and recovery rates by year, and for the number and value of Co-Ops canceled by vote.
Ask what expenses it deducts from consignment payments before distributing them, and at what rate.
Read the Co-Op contract for the funding price, option price and revenue share price, the timeline and the late-completion terms before claiming.
Check the brand's other obligations (merchant cash advances, revenue-based advances, SBA loans) in its Co-Op page and public filings, and whether it has filed with the SEC.
Keep each claim to money whose loss would not matter; size it against the 26 funded-brand bankruptcy cases on the record.
Ask for current financial information on Ouiby, Inc.
and how Buyer funds are segregated at Dwolla.
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Deal Intelligence →Appendix
Sources, Disclosures, and Supporting Context
The lower section is structured like a report appendix: relationship context first, adjacent reading second, and evidence last.
Report Appendix
Disclosure
Relationship and compensation context
+
Report Appendix
Disclosure
Relationship and compensation context
Report Appendix
Related Resources
Adjacent platform comparisons, frameworks, and category links
+
Report Appendix
Related Resources
Adjacent platform comparisons, frameworks, and category links
Further Reading
Related Resources
Adjacent frameworks and reviews that help place the platform in a broader allocation or due-diligence context.
Similar Platform Reviews
- Supervest Review
Fixed-rate notes funding merchant cash advances to small businesses, with Form D filings and no audited statements.
- Percent Review
A registered broker-dealer's private credit marketplace with deal-level performance data.
- Steward Review
Retail-accessible agriculture loan participations from $100, with a 2026 default on its largest borrower.
Report Appendix
Evidence & Methodology
58 cited passages on file; sources, scope, and how the review was assembled
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Report Appendix
Evidence & Methodology
58 cited passages on file; sources, scope, and how the review was assembled
Evidence on file
58 supporting passages on file for Kickfurther and its offerings from 24 source documents, no discrepancies flagged. Each passage records the metric it supports, the value read from the document, the page, and the verbatim text where the document has it. Terminal subscribers read the passages; open them in the terminal.
- Cited passages
- 58
- Source documents
- 24
- Analyst verified
- 0
- Discrepancies flagged
- 0
ASReview Evidence
Methodology
Firecrawl capture of kickfurther.com and the help center (50 pages) and of the Termly terms, privacy and cookie policies; the public register and marketplace pages of app.kickfurther.com; Ouiby, Inc.'s five Form Ds; 46 Reg CF documents of 20 funded brands; 47 RECAP dockets with 47 free documents read; the Fundient order of August 26, 2024; the Colorado business registry; Kickfurther's press page and April 2021 release; IAPD, BrokerCheck and EDGAR company searches. Eight Co-Op listings read from a logged-in Buyer account on November 7, 2026 supply the schedule, package, credibility-grid and funding-history findings; no other logged-in material was used.
Scope
The Buyer product (Co-Ops, Copilot, credit, store), eight marketplace listings, the brand-side terms the site publishes, Ouiby's own filings, funded brands' filings and the court record.
Key Findings
- *Terms of use: 'you will not rely on such due diligence and you understand that the only user-facing claims Kickfurther verifies are those contained in the credibility metrics.'
- *Terms of use: 'Kickfurther may deduct its expenses from such consignment payments prior to distributing them to you.'
- *Posey complaint (2017), Kickfurther's allegation about the three contracts at issue: 'the title of the consignment inventory, or its proceeds, would remain the property of, and vest in, Kickfurther'.
- *Waldon order (April 17, 2024): claim 'DISALLOWED as a secured claim, but ALLOWED as an unsecured, general claim'.
- *Day One Distribution cash collateral motion (March 2024): the agreements 'were each originally secured by liens on specific consigned inventory', then an amended UCC-1 on February 16, 2024 asserting a lien on all assets.
- *SpiritHoods C-AR: 'average maturity on the financing was 5.5 months and average interest paid was 16%'.
- *Ampere Technologies C/A (April 2023): 'We are past the maturity date on one of our loans. We have approximately $140,000 outstanding in aggregate under a Kickfurther loan.'
- *Fundient order (August 26, 2024): Fundient 'hired Lascelles to manage its $20 million portfolio'; Kickfurther 'alleges that Fundient sought to blame Kickfurther for its losses'.
Primary Source Pages
FAQ
Frequently Asked Questions
High-intent search questions answered directly, without making users hunt through the full review.
Is Kickfurther legit?
Kickfurther is a real company, Ouiby, Inc., operating since 2014 from Boulder, Colorado, in good standing in Colorado, with venture investors and a board that includes institutional directors. AltStreet located no regulator action against it. It also found that the company publishes no loss or default data, that 27 debtor companies it funded have filed in 26 bankruptcy cases since 2020, and that in the contested cases read courts treated its consignment claims as unsecured.
Is a Kickfurther Co-Op a security?
Kickfurther says no: Buyers are 'purchasing inventory on consignment', not lending or buying equity, and the product is sold without registration or an exemption filing. AltStreet located no SEC or state ruling on the question. The practical point for a Buyer is that the protections of a securities offering (disclosure documents, custody rules, audited statements) do not apply, and the contract is governed by Colorado law and AAA arbitration.
What does Kickfurther cost Buyers?
The stated fees are 0.5% on contributions made through Copilot and 2.9% on Kickfurther Credit bought by card; bank funding carries no fee and takes three to five days. The terms also let Kickfurther deduct its expenses from consignment payments before distributing them, without a published rate. Brands pay a funding fee plus a monthly consignment fee that the marketplace sets; their filings show costs from 5.10% for five months to an average 16% on 5.5-month financing.
What return does a Kickfurther Co-Op pay?
A Co-Op-specific percentage that rises with the period in which the brand completes. On the seven open listings read in November 2026 the estimated profit ran from 5.03% over 3.9 months (Food Innovations) to 11.35% over 7.9 months (Joon Beauty), inside schedules of 1.07% to 9.66% or 1.45% to 13.08% by 30-day completion period, about 13% or 17.7% a year simple on AltStreet's arithmetic; Zelmin's 2025 Co-Op ran 2.34% to 21.14%. The percentage is paid as units sell, Kickfurther may deduct expenses first, and nothing is paid if the brand does not. No realized-return or loss figures are published.
What happens if a brand does not pay?
The Co-Op is flagged when payments fall behind the schedule, reports are missed or completion runs more than 14 days late; Buyers can then vote, weighted by dollars, on cancellation, liquidation or a settlement, and Kickfurther may remove a Buyer's vote. Kickfurther holds title to the inventory as the Buyers' agent and files UCC statements, but in the four contested bankruptcies AltStreet read its claim was disallowed as secured, reclassified as unsecured, paid nothing on its separately classified class, or, in a proposed plan, limited to a fraction of the inventory; what Buyers received is not in the record.
Can I withdraw my money from Kickfurther?
Bank-funded balances and payouts can be withdrawn; card-purchased Kickfurther Credit cannot, and must be applied to a Co-Op. Money in a funded Co-Op comes back only as the brand sells and pays; there is no early exit and no secondary market. Copilot users also lose one Engagement Point for every $10,000 withdrawn.