GillyGro
About this raise
GillyGro is raising funds on Honeycomb. It is a modern lifestyle travel brand for people who live life on the move. GillyGro makes smart travel bags that are the perfect companion for hybrid parenting and make adventures easy with little ones. The products of GillyGro include diaper bags, luggage, purses, pool bags, gym bags, and backpacks, which make essentials easily accessible and come with added functionalities like an insulated pocket for snacks or temperature-sensitive items. Suphy Kung founded GillyGro in August 2020. The current crowdfunding campaign has a minimum target of $60,000 and a maximum target of $124,000. The campaign proceeds will be used to manufacture a new product, a pet owner backpack, and refinance high-interest debt.
Investment Overview
Committed : $11,361
Deal Terms
Total Commitments
- Platform
- Honeycomb
- Start Date
- 04/09/2025
- Close Date
- 05/31/2025
$60,000
$124,000
$100
Revenue Share
Quarterly
RegCF
1.50X
4.00%
Company & Team
Company
- Year Founded
- 2020
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- High
Financials
- Revenue +108% YoY
-
$152,421
as of FY2024
- Monthly Burn
-
$5,160
as of FY2024
-
Runway
-
0.7 months
as of FY2024
- Gross Margin
-
66%
as of FY2024
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 05/31/2025 | Honeycomb | - | $11,361 | Revenue Share | Active | RegCF |