Gemist
About this raise
Gemist, with a valuation of $20 million, is raising funds on Wefunder. The company has developed a platform to power the future of jewelry with the help of B2B vertical SaaS and artificial intelligence. Gemist has created a stone marketplace with a live inventory of diamonds and gemstones, a full site with all Gemist experiences, build-your-own jewelry configuration, and style-your-own stack experience. The platform works on a recurring revenue model with high margins and is on track to hit an ARR of $2.2 million by the end of 2025. Madeline Fraser founded Gemist in July 2018. The current crowdfunding campaign has a minimum target of $150,000 and a maximum target of $500,000. The campaign proceeds will be used for hiring, marketing, and continued R&D.
Investment Overview
Committed : $232,900
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 05/01/2025
- Close Date
- 08/30/2025
$150,000
$500,000
$100
SAFE
Growth Stage
RegCF
$20,000,000
Company & Team
Company
- Year Founded
- 2018
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- Capital Intensity
Financials
-
Revenue
-
$620,254
as of FY2024
- Monthly Burn
-
$103,919
as of Dec '24
-
Runway
-
20.7 months
as of Dec '24
- Gross Margin
-
69%
as of FY2024
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $9,622,750
- VC Backed?
- Yes
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 08/30/2025 | Wefunder | $20,000,000 | $232,900 | SAFE | Active | RegCF |