Felix Gray

Felix Gray

Growth Stage

Best-in-class Blue Light glasses. Improving Your Relationship with Technology.

Best-in-class Blue Light glasses. Improving Your Relationship with Technology.

Overview

Raised this Round: Raised: $93,399

Total Commitments ($USD)

Platform

Wefunder

Start Date

07/17/2022

Close Date

10/21/2022

Min. Goal
$50,000
Max. Goal
$250,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$12,000,000

Discount

0%

Year Founded

2015

Industry

Fitness & Wellness

Tech Sector

Hardwaretech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Location

New York, New York

Business Type

Growth

Felix Gray, with a valuation of $12 million, is raising funds on Wefunder. The company is working on digital wellness with its Blue Light glasses. The glasses of Felix Gray are built using a proprietary filtering solution to filter 90% of high-energy Blue Light. The lenses are clear and effective, with 100% UVA/UVB protection, and fully dipped in an anti-glare coating. Felix Gray has over 400,000 happy customers and strong D2C profitable growth. David Roger founded Felix Gray in September 2015. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used for marketing and omnichannel expansion.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$5,435,734

$9,963,185

COGS

$1,748,764

$3,391,547

Tax

$0

$0

 

 

Net Income

$-2,190,710

$-1,427,304

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$543,970

$2,252,019

Accounts Receivable

$295,011

$141,212

Total Assets

$2,250,931

$3,756,331

Short-Term Debt

$1,680,065

$1,794,815

Long-Term Debt

$1,226,835

$1,038,932

Total Liabilities

$2,906,901

$2,833,747

Financials as of: 07/17/2022
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Felix Gray on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $12,000,000

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