Mia Becar

Mia Becar

Closed: Aug. 2022

About this raise: Mia Becar, with a valuation of $50.1 million, is raising funds on StartEngine. It is a luxury shoe company that makes premium footwear for women designed by Betzabe Gonzalez. The luxury Italian shoes of Mia Becar are bold, feminine, and iconic and capture the self-assured individuality of women. The company reveals new designs through monthly capsules and reported a 580% year-over-year growth in gross sales in 2021. Betzabe Gonzalez and James Herman founded Mia Becar in June 2022. The current crowdfunding campaign has a minimum target of $9,996.35 and a maximum target of $1,069,996.20. The campaign proceeds will be used for growth and expansion.

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Investment Overview

Not Funded: $0

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
06/27/2022
Close Date
08/19/2022
Min. Goal
$9,996
Max. Goal
$1,069,996
Min. Investment

$246

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$4.55

Pre-Money Valuation

$50,050,000

Company & Team

Company

Year Founded
2022
Industry
Apparel & Fashion
Tech Sector
Retailtech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Location
West Hollywood, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
5
Prior Founder Exits?
No
Founder Name
Betzabe Gonzalez
Title
CEO, Creative Director
Founder Name
Jim Herman
Title
Chief Strategy Officer

Funding data not publicly available

Financials

 Revenue +442% YoY
$284,417
 Monthly Burn
$312,385
 Runway
0.4 months
Gross Margin
54%

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$284,417

$52,461

COGS

$130,759

$113,531

Tax

$0

$0

 

 

Net Income

$-3,748,625

$-3,270,492

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$127,472

$87,182

Accounts Receivable

$0

$0

Total Assets

$1,764,605

$1,279,515

Short-Term Debt

$814,846

$469,536

Long-Term Debt

$12,983,643

$9,152,300

Total Liabilities

$13,798,489

$9,621,836

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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
08/19/2022 StartEngine $50,050,000 $0 Equity - Common Not Funded RegCF
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Add to portfolio
Mia Becar on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $50,050,000
Price per Share: $4.55

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Follow Mia Becar on StartEngine 2022

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