DudeRobe

Growth Stage

Next Generation Robe + Loungewear

Analytics

Raised to Date: Raised: $149,444

Financials

Aggregate Commitments $

Platform

StartEngine

Start Date

09/29/2021

Close Date

03/29/2022

Min. Goal

$10,000

Max. Goal

$1,070,000

Min. Investment

$250

Security Type

Equity - Common

Funding Type

RegCF

Series

Pre-Seed

Pre-Money Valuation

$12,500,000

Rolling Commitments $

Status

Active

Reporting Date

10/17/2021

Days Remaining

163

% of Min. Goal

1,494%

% of Max. Goal

14%

Likelihood of Max
likely

Avg. Daily Raise

$8,302

Momentum

Logos provided by Clearbit

Location

Hempstead, New York

Industry

Apparel & Fashion

Tech Sector

FashionTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

SEC Filing

Company Website

DudeRobe, with a valuation of $12.5 million, is raising funds on StartEngine. The company has re-engineered and redesigned the old bathrobe into the next generation of bathrobes and loungewear. The robes of DudeRobe are more absorbent, functional, and stylish and are robes of choice of NBA Knicks, Nets, and Jazz. DudeRobe generated sales of $1 million in 2020 and has tripled its sales revenue from January to July 2021 compared to the same period last year. Howie Busch founded DudeRobe in August 2017. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,070,000. The campaign proceeds will be used for the expansion of inventory, development of new products, and marketing.

Summary Profit and Loss Statement

	Most Recent Year	Prior Year
Revenue	$1,039,356	$124,482
COGS	$440,264	$93,529
Tax	$0	$0


Net Income	$217,712	$11,898

Summary Balance Sheet

	Most Recent Year	Prior Year
Cash	$37,058	$983
Accounts Receivable	$0	$0
Total Assets	$281,032	$37,983
Short-Term Debt	$23,334	$51,000
Long-Term Debt	$37,400	$0
Total Liabilities	$60,734	$51,000

Financials as of: 09/29/2021

Pay Monthly

Annually (Save 17%)

: $8.33 /month
billed annually; Free portfolio tracking. Limited reports and filters.; Plan Includes:; Everything in Free, plus; Advanced company search ( limited filters); Founder profiles and exclusive webinars; 2 Analyst Reports per month; Get Starter Annual Get Starter Monthly

: $25 /month
billed annually; Unlimited analyst reports and market analytics.; Plan Includes:; Everything in Starter, plus; Full access to all Analyst Reports; Filter on Staff Picks (e.g. Top Deal, Deal to Watch, etc.); Market Analytics; Get Pro Annual Get Pro Monthly

: $41.67 /month
billed annually; Full site access including Merlin ratings.; Plan Includes:; Everything in Pro, plus; Search and filter companies by Merlin ratings; Company specific Merlin rating and risk assessment; Get Merlin Annual Get Merlin Monthly