Felt and Fat Ceramics

Felt and Fat Ceramics

Open  for investment

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.

Expand

Investment Overview

Committed this round: $115,000

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
02/03/2025
Close Date
04/18/2025
Min. Goal
$50,000
Max Goal
$124,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$9,000,000

Valuation Cap

$10,000,000

Discount

15%

Company & Team

Company

Year Founded
2014
Industry
Consumer Products, Goods & Services
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
Low
Location
Philadelphia, Pennsylvania
Business Type
Growth
Company Website
Visit Website

Team

Employees
24
Prior Founder Exits?
No
Founder Name
Nathaniel Mell
Title
CEO

Financials

as of January 1, 2025
 Revenue +63% YoY
$1,983,944
 Monthly Burn
$22,283
 Runway
1.1 months
Gross Margin
83%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$1,983,944

$1,216,987

COGS

$328,798

$275,898

Tax

$91

$0

 

 

Net Income

$-267,395

$-755,925

Summary Balance Sheet

FY 2023 FY 2022

Cash

$165,096

$386,031

Accounts Receivable

$162,238

$40,973

Total Assets

$1,260,266

$931,380

Short-Term Debt

$155,259

$98,762

Long-Term Debt

$1,781,433

$1,241,649

Total Liabilities

$1,936,692

$1,340,411

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific Kingscrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

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
Create a free account today to gain access to Kingscrowd analytics.
Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
Felt and Fat Ceramics on Wefunder 2025
Platform: Wefunder
Security Type: SAFE
Valuation: $10,000,000

Follow company

Follow Felt and Fat Ceramics on Wefunder 2025

Buy Felt and Fat Ceramics's Deal Report

Felt and Fat Ceramics Deal Report

Get Kingscrowd's comprehensive report on Felt and Fat Ceramics including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Felt and Fat Ceramics is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Felt and Fat Ceramics deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge