Luna Selene

Luna Selene

Footwear

Footwear

Overview

Raised to Date: Raised: $25,119

Total Commitments ($USD)

Platform

Honeycomb

Start Date

02/18/2024

Close Date

03/13/2024

Min. Goal
$25,000
Max. Goal
$50,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

11.25%

Term Length

3.0 years

Rolling Commitments ($USD)

Status
Funded
Reporting Date

03/30/2024

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$1,047

# of Investors

45

Momentum
Funded
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Year Founded

2020

Industry

Apparel & Fashion

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Location

Wexford, Pennsylvania

Business Type

Growth

Luna Selene is raising funds on Honeycomb. It is a small-batch footwear brand based in Pittsburgh, Pennsylvania. Luna Selene makes meticulously crafted footwear in Italy, and each style is limited to less than 100 pairs per batch. The brand is focused on high quality, elegance, and femininity and sources leathers from the Marche region of Italy to maintain its high standards. Shannon Slack founded Luna Selene in July 2020. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $50,000. The campaign proceeds will be used for expanding the product line into bags, belts, and clothing and marketing.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$19,998

$31,684

COGS

$7,143

$23,547

Tax

$0

$0

 

 

Net Income

$-14,326

$-14,112

Summary Balance Sheet

FY 2023 FY 2022

Cash

$2,078

$0

Accounts Receivable

$0

$0

Total Assets

$37,025

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 02/18/2024
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Luna Selene on Honeycomb 2024
Platform: Honeycomb
Security Type: Debt

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