Crownhunt
About this raise
Crownhunt, with a valuation of $5 million, is raising funds on Wefunder. The company has developed a one-stop platform that offers products and services for people with textured hair. The platform is transforming textured hair experience by providing the relevant education, products, services, and tools most suitable for all types of textured hair. Crownhunt has partnered with educators with work seen on Bronner Bros, Glamour, and Essence and has 2,300 hair entrepreneurs on board. Stephanie LaFlora and Ryan Holdeman founded Crownhunt in September 2016. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,000,000. The campaign proceeds will be used for marketing, content development, and product development.
Investment Overview
Invested $149,670 :
Deal Terms
Company & Team
Company
- Year Founded
- 2016
- Industry
- Beauty & Personal Care
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
-
Revenue
- $8,440
- Monthly Burn
- $1,214
-
Runway
- 0.2 months
- Gross Margin
- 29%
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Funding history
- Total Prior Capital Raised
- $85,000
- VC Backed?
- No
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
01/31/2023 | Wefunder | $5,000,000 | $149,670 | SAFE | Funded | RegCF |