JBRDS
About this raise
JBRDS, with a valuation of $6.3 million, is raising funds on Wefunder. It is a footwear company that makes comfortable shoes with precise design for young adventurers. JBRDS shoes come in as sock-and-shoe-in-one design and have a suede and 0-drop outsole, roomie toe box, and an injection-molded support cage. The company has a loyal customer base and has earned the number one rank in Baby Boy’s Sneakers and Baby Girl’s Sneakers category on Amazon. David Hirshfeld and Dr. Jay LeBow founded JBRDS in March 2018. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.23 million. The campaign proceeds will be used for new product development and production, and marketing.
Investment Overview
Invested : $339,200
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 10/31/2023
- Close Date
- 04/29/2024
$50,000
$1,234,994
$100
Equity - Common
Early Stage
RegCF
$57.27
$5,000,001
$6,300,000
Company & Team
Company
- Year Founded
- 2018
- Industry
- Apparel & Fashion
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
-
Revenue
-
$54,053
as of FY2022
- Monthly Burn
-
$10,180
as of FY2022
-
Runway
-
6.5 months
as of
- Gross Margin
-
43%
as of FY2022
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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 |
|---|---|---|---|---|---|---|
| 04/29/2024 | Wefunder | $6,300,000 | $339,200 | Equity - Common | Funded | RegCF |