Liz Alig
About this raise
Liz Alig is raising funds on Wefunder. The company makes and sells high-quality and fair-trade women's apparel. Liz Alig makes sustainable clothes in small fair trade workshops in seven countries and targets millennial and Gen Z women in top cities, including New York, Brooklyn, Los Angeles, Seattle, and Chicago. The company provides direct-to-customer sales with 60% margin and has reported a 270% growth rate year-over-year since 2020. Elizabeth Roney founded Liz Alig in May 2009. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for marketing, workshop equipment upgrades, salaries of part-time employees, inventory production, and opening the first brick-and-mortar store in Nashville, Tennessee.
Investment Overview
Invested $74,961 :
Deal Terms
Company & Team
Company
- Year Founded
- 2009
- Industry
- Apparel & Fashion
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- Low
Financials
- Revenue +176% YoY
- $270,000
- Monthly Burn
- Profitable
- Cash on Hand
- $9,519
- Gross Margin
- 65%
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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 |
---|---|---|---|---|---|---|
08/26/2024 | Wefunder | - | $74,961 | Debt | Funded | RegCF |