Alpha'a

Alpha'a

Closed: Apr. 2020

About this raise

Alpha'a is raising funds on Republic via Crowd SAFE with an $8 million valuation cap. The company has created a free virtual art gallery that spans across 3 continents. Over 1,000 pieces of art have been sold on the platform in the last two years. Alpha'a 's clients include Hilton, Zola, and Gilt. The gallery is completely customizable down to the size and finish of the piece. The team has raised over $600k to date and has a minimum target of $25k.

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Investment Overview

Invested this round: $61,143

Deal Terms

Total Commitments ($USD)

Platform
Republic
Start Date
12/16/2019
Close Date
04/29/2020
Min. Goal
$25,000
Max Goal
$1,070,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$8,000,000

Discount

0%

Company & Team

Company

Year Founded
2016
Industry
Consumer Products, Goods & Services
Tech Sector
FashionTech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
Low
Location
New York, New York
Business Type
Growth
Company Website
Visit Website

Team

Employees
2
Founder Name
Manuela Seve
Title
CEO
Founder Name
Renata Thomé
Title
Senior Strategist

Financials

 Revenue
$105,758
 Monthly Burn
$1,978
 Runway
3.2 months
Gross Margin
44%
View Detailed Financials Expand

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$105,758

$22,066

COGS

$59,688

$4,481

Tax

$0

$0

 

 

Net Income

$-23,732

$-63,130

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$6,255

$4,987

Accounts Receivable

$0

$0

Total Assets

$6,255

$4,987

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0
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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/29/2020 Republic $8,000,000 $61,143 SAFE Funded RegCF
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Founder Profile

Founder Profile: Alpha'a

Art can add character to just about any place, but the traditional methods of acquiring it are outdated. The visual art furnishing market is in need of a reboot, especially as things like co-working spaces gain popularity. The team at Alpha’a set out to change this with a crowdsourced, customizable art platform that takes the place of a gallery.

 

We sat down with Alpha’s founder, Manuela Seve, to learn more about how Alpha’a came to be, potential social impact, the business model, and more-

Read Founder Interview

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Add to portfolio
Alpha’a on Republic
Platform: Republic
Security Type: SAFE
Valuation: $8,000,000

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Warning: according to the close date for this deal, Alpha'a may no longer be accepting investments.

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