Buki
About this raise
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.
Investment Overview
Invested : $61,276
Deal Terms
Total Commitments
- Platform
- Republic
- Start Date
- 02/04/2019
- Close Date
- 05/29/2019
$25,000
$107,000
$50
SAFE
Early Stage
RegCF
$10,000,000
20%
Company & Team
Company
- Year Founded
- 2015
- Industry
- Apparel & Fashion
- Tech Sector
- Distribution Model
- B2C
- Margin
- Capital Intensity
- Location
- Seattle, Washington
- Company Website
-
Visit Website
Team
- Employees
- 2
Financials
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 05/29/2019 | Republic | $10,000,000 | $61,276 | SAFE | Funded | RegCF |