Clothing 2.0
About this raise
Clothing 2.0 is raising funds on Wefunder. The company makes clothes that function as state-of-the-art drug delivery systems. Clothing 2.0 incorporates leading OTC and topical ingredients into clothing, washable yarn, and textile products and brings about repeated release of the ingredients over time. The business has a wide presence with partner retail penetration of 11,000 retail doors and 23,000 individual retail placements. Jordan Schindler founded Clothing 2.0 in January 2011. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.24 million. The campaign proceeds will be used for the development of the next active ingredient for garment application, marketing and awareness campaigns, and IP costs.
Investment Overview
Not Funded: $1,400
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 01/31/2024
- Close Date
- 04/05/2024
$50,000
$1,235,000
$100
SAFE
Early Stage
RegCF
Company & Team
Company
- Year Founded
- 2011
- Industry
- Apparel & Fashion
- Tech Sector
- Location
- Conover, North Carolina
- Company Website
-
Visit Website
Team
- Employees
- 12
Financials
-
Revenue
-
$0
as of FY2022
- Monthly Burn
-
$528,976
as of FY2022
-
Runway
-
4.4 months
as of FY2022
- Gross Margin
-
24%
as of FY2022
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/05/2024 | Wefunder | - | $1,400 | SAFE | Not Funded | RegCF |
