Both& Apparel
About this raise
Both& Apparel, with a valuation of $5 million, is raising funds on Wefunder. The company makes apparel for the non-binary generation. The company recognizes that the needs of trans and non-binary people are different from those of cis-gendered people and aims to cater to those needs. Both& Apparel has entered the market with trans masculine apparel and sees a lot of opportunity further on. Finnegan Shepard founded Both& Apparel in December 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for marketing, inventory buying, team, and R&D on new styles.
Investment Overview
Invested : $56,535
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 10/14/2022
- Close Date
- 01/13/2023
$50,000
$124,000
$100
SAFE
Early Stage
RegCF
$5,000,000
0%
Company & Team
Company
- Year Founded
- 2021
- Industry
- Apparel & Fashion
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- High
Financials
-
Revenue
- $59,735
- Monthly Burn
- $4,475
-
Runway
- 17.9 months
- Gross Margin
- 52%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $400,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 01/13/2023 | Wefunder | $5,000,000 | $56,535 | SAFE | Funded | RegCF |
