Karla & Co
Early Stage
Celebrate tu Cultura!
Overview
Raised: $72,306
Total Commitments ($USD)
Platform
StartEngine
Start Date
05/05/2022
Close Date
08/03/2022
Min. Goal
$9,999
Max. Goal
$1,006,998
Min. Investment
$255
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$3.00
Pre-Money Valuation
$12,000,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
08/31/2022
Days Remaining
Funded
% of Min. Goal
723%
% of Max. Goal
7%
Likelihood of Max
Funded
Avg. Daily Raise
$803
# of Investors
117
Momentum
Funded
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Year Founded
2017
Industry
Apparel & Fashion
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Karla & Co, with a valuation of $12 million, is raising funds on StartEngine. It is a clothing and accessories brand for Latinas. It is created by Latinas for Latinas and helps people express their culture through their apparel. The apparel of Karla & Co is high quality and affordable and empowers the members of the Latin culture. Karla & Co is one of the first Latina brands to be launched on Etsy and its own website and has a customer retention rate of 45%. Karla Butvidas founded Karla & Co in August 2017. The current crowdfunding campaign has a minimum target of $9,999 and a maximum target of $1,006,998. The campaign proceeds will be used to rebrand the products and website, create an app, hire more people, and begin YouTube development.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$374,656 |
$524,498 |
|
COGS |
$159,741 |
$129,948 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$138,618 |
$272,168 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$1,838 |
$8,001 |
|
Accounts Receivable |
$785 |
$785 |
|
Total Assets |
$15,883 |
$17,816 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 05/05/2022
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