avua

avua

Closed: Jan. 2018

About this raise: Who Should Be Interested:
Do you love high-quality, handmade bags? Do you love supporting local artists? If yes (especially if you live in Massachusetts!), then C.A.S Handmade Inc. might be the investment for you. Their bags are made from full-grain leather and 100% linen, and each one is designed by a Cara DesJardins, a local artist, and her team, meaning you get a beautiful bag, all while supporting a local creative.

The Company:
C.A.S. Handmade Inc. designs, develops, and sews high-quality bags in Hudson, MA. Each bag is created by artist Cara DesJardins and her team, and each bag is made out of full-grain leather and 100% linen. C.A.S. sells in their own retail store, as well as other stores and online. In fact, C.A.S bags are carried in over 100 stores nationally, and they’ve had over 200% growth in 2017. They reached last year’s total sales of $205,000, and with this venture, they’re hoping to raise capital to go into 2018 and become a $500,000 company. They are already at $250,000 with 70,000 in open purchase orders, so it looks like they are well on their “bagging” their goal and sewing their way to success! They also help support other artists, and in their C.A.S. store, they sell art from 35 other artists as well.

The Bottom Line:
If you love high-quality, stylish bags that are one-of-a-kind, and you love supporting artists and their creative process, then C.A.S. is the investment and bag for you. You can feel good about toting your goods around in a beautiful creation, while also knowing you helped support local artists.

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Investment Overview

Not Funded: $58,869

Deal Terms

Total Commitments ($USD)

Platform
GrowthFountain
Start Date
01/07/2018
Close Date
01/16/2018
Min. Goal
$10,000
Max. Goal
$52,750
Min. Investment

$211

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$211.00

Pre-Money Valuation

$645,660

Company & Team

Company

Year Founded
2014
Industry
Apparel & Fashion
Tech Sector
Location
Hudson, Massachusetts
Company Website
Visit Website

Team

Employees
7

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
01/16/2018 GrowthFountain $645,660 $58,869 Equity - Common Not Funded RegCF
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Add to portfolio
C.A.S. Handmade Inc. on GrowthFountain
Platform: GrowthFountain
Security Type: Equity - Common
Valuation: $645,660
Price per Share: $211.00

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