Armbrust American
About this raise
Armbrust American, a mask factory, is raising crowdfunding on Wefunder. The factory manufactures FDA-registered surgical and N95 masks in its own custom-built factory located outside of Austin, Texas. The masks of Armbrust American are medical-grade and made of high-quality material. Lloyd Armbrust founded Armbrust American in 2018 and has raised over $4.7 million since its inception. The proceeds of the current crowdfunding round, with a minimum target of $147,000 and a maximum target of $1,070,000, will be used for purchasing an automated surgical mask assembly line, installation, American design upgrades, and air freight and tariffs. Armbrust American has 300 million pre-orders from government agencies, hospitals, restaurants, and individuals and is generating $7 million in revenue.
Investment Overview
Invested : $1,070,000
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 10/20/2020
- Close Date
- 01/31/2021
$147,000
$1,070,000
$100
Debt
RegCF
Company & Team
Company
- Year Founded
- 2018
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- High
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 01/31/2021 | Wefunder | - | $1,070,000 | Debt | Funded | RegCF |