Martenero

Martenero

Premium mechanical watch brand offering original contemporary designs at accessible price points.

Premium mechanical watch brand offering original contemporary designs at accessible price points.

Overview

Raised to Date: Raised: $0

Total Commitments ($USD)

Platform

SeedInvest

Start Date

05/28/2018

Close Date

07/20/2018

Min. Goal
$450,000
Max. Goal
$1,050,000
Min. Investment

$500

Security Type

Debt

SEC Filing Type

RegCF / RegD 506(c)    Open SEC Filing

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

07/14/2018

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$0

Momentum
Not Funded
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Year Founded

2013

Industry

Apparel & Fashion

Tech Sector

Location

New York, New York

Martenero is a watch brand offering timepieces that embrace the look of “tradition refreshed,” where they are contemporary yet timeless. Their premium mechanical watches are offered at accessible price points, and their brand pillars center on making the traits of originality, personality, detail, restraint, and construction. Sold direct-to-consumer, Martenero earned $532K from 2016-2017, with a 66% average gross margin across all sales channels. Their average order value is$433; they earned a 60 day Net Promoter score of 86, showing a high level of customer satisfaction; and they’ve been featured in everything from the Wall Street Journal and GQ to Newsweek and Thrillist. As InsideHook said: “This watch. It’s just so… perfect.”
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Martenero on SeedInvest
Platform: SeedInvest
Security Type: Debt

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