Karma and Luck

Karma and Luck

Open  for investment

About this raise: Karma and Luck, with a valuation of $44.94 million, is raising funds on StartEngine. It is a modern spiritual lifestyle brand known for its curated jewelry and high-vibrational home decor. Karma and Luck creates meaningful jewelry and home decor that celebrate spirituality, cultural diversity, and connection. The business has surpassed $100 million in sales and served more than 450,000 customers in 165 countries. Vladi Bergman founded Karma and Luck in March 2016. The current crowdfunding campaign has a minimum target of $123,999.40 and a maximum target of $1.23 million. The campaign proceeds will be used for research and development, inventory, company employment, working capital, marketing, and operations.

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Investment Overview

Committed this round: $39,852

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
12/30/2024
Close Date
03/27/2025
Min. Goal
$123,999
Max. Goal
$1,235,000
Min. Investment

$200

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.96

Pre-Money Valuation

$44,936,589

Company & Team

Company

Year Founded
2016
Industry
Consumer Products, Goods & Services
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
High
Location
Las Vegas, Nevada
Business Type
Growth
Company Website
Visit Website

Team

Employees
96
Prior Founder Exits?
No
Founder Name
Vladi Bergman
Title
CEO

Financials

as of December 1, 2024
 Revenue +9% YoY
$25,757,830
 Monthly Burn
Profitable
 Cash on Hand
$1,800,000
Gross Margin
78%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$25,757,830

$23,608,600

COGS

$5,667,136

$7,638,637

Tax

$0

$0

 

 

Net Income

$243,306

$-84,716

Summary Balance Sheet

FY 2023 FY 2022

Cash

$442,711

$1,379,143

Accounts Receivable

$0

$0

Total Assets

$16,669,916

$14,848,798

Short-Term Debt

$2,721,171

$952,661

Long-Term Debt

$10,002,569

$7,197,334

Total Liabilities

$12,723,740

$8,149,995

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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
03/27/2025 StartEngine $44,936,589 $39,852 Equity - Common Active RegCF
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Add to portfolio
Karma and Luck on StartEngine 2024
Platform: StartEngine
Security Type: Equity - Common
Valuation: $44,936,589
Price per Share: $1.96

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Follow Karma and Luck on StartEngine 2024

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