Coyuchi
About this raise
Coyuchi is raising funds through Reg A+ crowdfunding with Manhattan Street Capital as the Broker-Dealer. The company makes sustainable and luxury home textile products. The business designs, develops, imports, and sells coastal-inspired organic bedding, sheets, towels, apparel, and other home goods. All products of Coyuchi are made of natural fibers, including organic cotton certified under the Global Organic Textile Standard. Coyuchi has a loyal customer base and has received several rewards and recognitions. Eileen Mockus founded Coyuchi in 1991. The current crowdfunding campaign has a maximum target of $59,800,000. The campaign proceeds will be used to expand marketing channels, improve information technology, and explore geographic expansion.
Investment Overview
Deal Terms
- Platform
- Manhattan Street Capital
- Start Date
- 08/09/2022
- Close Date
- 06/08/2023
$500
$59,800,000
$500
Equity - Preferred
Series C
RegA+
$4.50
$117,000,000
Company & Team
Company
- Year Founded
- 1991
- Industry
- Apparel & Fashion
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
- Revenue +26% YoY
- $33,333,883
- Monthly Burn
- Profitable
- Cash on Hand
- $3,182,926
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Analyst Report
Coyuchi is well-positioned to take advantage of changing consumer behavior as well. With consumers looking to shop and live more sustainably, the company's bed sheets, linen, and other home goods answer a clear market demand for sustainable textiles. And while we don’t have exact numbers, Eileen told me that Coyuchi’s products have very low return rates.
The company’s approach over the last 30 years has been simple but effective: producing high quality sustainable products means customers will love our brand. Strong branding has been critical to the company’s solid growth over the past eight years. Now, Coyuchi hopes to leverage its strong brand with an aggressive growth strategy in the coming years to maintain its impressive momentum.
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- Yes
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 06/08/2023 | Manhattan Street Capital | $117,000,000 | - | Equity - Preferred | Funded | RegA+ |