Buki
Early Stage
Luxury clothing made with fiber technology.
Overview
Raised: $61,276
Total Commitments ($USD)
Platform
Republic
Start Date
02/04/2019
Close Date
05/29/2019
Min. Goal
$25,000
Max. Goal
$107,000
Min. Investment
$50
Security Type
SAFE
SEC Filing Type
RegCF
Valuation Cap
$10,000,000
Discount
20%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
06/02/2019
Days Remaining
Funded
% of Min. Goal
245%
% of Max. Goal
57%
Likelihood of Max
Funded
Avg. Daily Raise
$538
# of Investors
244
Momentum
Funded
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Year Founded
2015
Industry
Apparel & Fashion
Tech Sector
Location
Seattle, Washington
Buki, a luxury clothing collection with a valuation cap of $10 million, is raising on Republic. The clothing collection of Buki is created with state-of-the-art fiber technology and offers both performance and luxury. The Kinoki-3.0 technology makes the clothes moisture-resistant, wrinkle-resistant, machine-washable, and dynamic. Buki was founded by Joey Rodolfo and Stacy Bennett in December 2015. Buki is growing 50% year-over-year since its launch, with a retention rate of 70% and gross margin of 78%. Founders are highly experienced and have invested their own money towards the launch of Buki.
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