Julia Knight
Early Stage
Selling unique, beautiful serveware and home decor around the globe.
Overview
Raised: $0
Total Commitments ($USD)
Platform
Wefunder
Start Date
05/24/2018
Close Date
10/27/2018
Min. Goal
$50,000
Max. Goal
$1,000,000
Min. Investment
$100
Security Type
Equity - Preferred
SEC Filing Type
RegCF
Price Per Share
$1.00
Pre-Money Valuation
$4,000,000
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
08/25/2018
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2007
Industry
Consumer Products, Goods & Services
Tech Sector
Location
Minneapolis, Minnesota
Julia Knight Inc. is a luxury lifestyle brand that “celebrates life, love, and friendships through entertaining and home decor.” Customers consider pieces from Julia Knight as “jewelry” for their home, and their products range in everything from tableware to bath accessories. Each piece is handcrafted in India using an ancient sand-casting process, and Julia Knight has been sold in over 400 retail locations across over 30 countries. They’re looking to increase their online presence, and so far, they’ve increased their online sales by 72% from 2016 to 2017 by using Amazon, Bed Bath & Beyond, and their new website. Their average revenue is $88,000, with a gross margin of $61,000 over the last three months. Plus, the founder won the 2016 Entrepreneurial Woman of the Year award; they’ve been awarded over 45 design copyrights and six trademarks; and they also won the 2016 Department of Commerce President’s Award for export expansion.
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