Felt and Fat Ceramics
About this raise
Felt and Fat Ceramics, with a valuation of $10 million, is raising funds on Wefunder. It is a Philadelphia-based ceramic brand that practices innovative and collaborative ceramic design and manufacturing. Felt and Fat Ceramics manufactures its products domestically and provides high-quality manufacturing jobs to the local community. The business has collaborations with Underdog, Houseplant, Death & Co, and Megan Rapinoe and a major supply agreement with Danny Meyer’s USHG. Nate Mell founded Felt and Fat Ceramics in August 2014. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for production facility fit out and additional production staffing.
Investment Overview
Committed $115,000 :
Deal Terms
Company & Team
Company
- Year Founded
- 2014
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- High
- Capital Intensity
- Low
Financials
- Revenue +63% YoY
- $1,983,944
- Monthly Burn
- $22,283
-
Runway
- 1.1 months
- Gross Margin
- 83%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $650,000
- VC Backed?
- No
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
04/18/2025 | Wefunder | $10,000,000 | $115,000 | SAFE | Active | RegCF |