Julia Knight
About this raise
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.
Investment Overview
Not Funded: $0
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 05/25/2018
- Close Date
- 10/27/2018
$50,000
$1,000,000
$100
Equity - Preferred
Early Stage
RegCF
$1.00
$4,000,000
Company & Team
Company
- Year Founded
- 2007
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- Capital Intensity
- Location
- Minneapolis, Minnesota
- Company Website
-
Visit Website
Team
- Employees
- 2
Financials
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 10/27/2018 | Wefunder | $4,000,000 | $0 | Equity - Preferred | Not Funded | RegCF |