Lillian Augusta Beauty
[Closed for Investment] Lillian Augusta Beauty is raising funds on Wefunder. The company makes plant-based braiding hair that is plastic-free and non-synthetic. Lillian Augusta Beauty’s braiding hair is a sustainable alternative to synthetic braiding hair, leading to health, environmental, and functionality issues. The Lillian Augusta Beauty hair is also lightweight and free from carcinogens, lye, and petroleum. The product has been featured in Blavity, ESSENCE, and Crains Detroit and is available for pre-sale purchase from July 1, 2024. Jannice Newson and Nana Yaa Britwum founded Lillian Augusta Beauty in March 2020. The current crowdfunding round has a minimum goal of $50,000 and a maximum goal of $124,000. The campaign proceeds will be used for marketing and sales, product conversion and innovation, and growth partnerships.
Investment Overview
Raised: $54,868
Deal Terms
Total Commitments ($USD)
- Platform
- Wefunder
- Start Date
- 07/25/2024
- Close Date
- 11/12/2024
$50,000
$124,000
$100
Revenue Share
Pre-Seed
RegCF
2.50X
5.00%
Company & Team
Company
- Year Founded
- 2020
- Industry
- Beauty & Personal Care
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- High
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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 |
|---|---|---|---|---|---|---|
| 11/12/2024 | Wefunder | - | $54,868 | Revenue Share | Funded | RegCF |