GRACEDBYGRIT
About this raise
GRACEDBYGRIT, with a valuation of $5 million, is raising funds on StartEngine. It is a direct-to-consumer premium athletic apparel brand. GRACEDBYGRIT designs and manufactures luxurious athletic clothing for women between the ages of 30 and 60 and is known for its fabric, fit, and design. The designs of GRACEDBYGRIT are known to be figure-slimming for all body types and are feminine and elegant. Kimberly Caccavo and Kate Nowlan founded GRACEDBYGRIT in January 2013. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1.07 million. The campaign proceeds will be used for product development, inventory production, e-commerce marketing, advertisements, and working capital.
Investment Overview
Invested : $236,096
Deal Terms
- Platform
- StartEngine
- Start Date
- 05/24/2017
- Close Date
- 10/31/2017
$10,000
$1,070,000
$320
Equity - Common
RegCF
$0.16
$5,000,000
Company & Team
Company
- Year Founded
- 2013
- Industry
- Apparel & Fashion
- Tech Sector
- Location
- Solana Beach, California
- Company Website
-
Visit Website
Team
Financials
-
Revenue
- $0
- Monthly Burn
- $87,448
-
Runway
- 0.4 months
- Gross Margin
- 53%
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Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 10/31/2017 | StartEngine | $5,000,000 | $236,096 | Equity - Common | Funded | RegCF |