Buki

Early Stage

Luxury clothing made with fiber technology.

Overview

Raised to Date: 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    Open SEC Filing

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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Buki on Republic
Platform: Republic
Security Type: SAFE
Valuation: $10,000,000

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