Fashwire
About this raise
Fashwire, with a valuation cap of $10 million, is raising funds on Republic. It is a global multi-brand marketplace that is driven by data and technology. Fashwire uses Data Insights Technology to deliver consumer-centric insights and to influence fashion trends and ideas. Users download the Fashwire application and use it to share their preferences in designers and brands. The data can then be accessed by the designers in real-time to modify their collections based on the customers’ feedback. Fashwire was founded by Kimberly Carney in September 2015 and has raised over $2 million since its inception. The proceeds of the current crowdfunding round, with a minimum goal of $25,000 and a maximum goal of $1,070,000, will be used to ramp up the technology, enhance the algorithms, and invest in team and marketing. Fashwire has had over 35,000 downloads and hosts more than 200 brands from over 25 countries.
Investment Overview
Invested : $64,786
Deal Terms
Total Commitments ($USD)
- Platform
- Republic
- Start Date
- 02/03/2020
- Close Date
- 06/30/2020
$25,000
$1,070,000
$100
SAFE
Series A
RegCF
$10,000,000
0%
Company & Team
Company
- Year Founded
- 2015
- Industry
- Apparel & Fashion
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- High
- Capital Intensity
- Low
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Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 06/30/2020 | Republic | $10,000,000 | $64,786 | SAFE | Funded | RegCF |