MINNA
About this raise
MINNA, with a valuation of $5 million, is raising funds on Republic. It is a homewares brand that makes sustainable and handmade products in collaboration with traditional artisans. The goods of MINNA are ethically-made and socially responsible and made by master artisans in Peru, Guatemala, Mexico, Uruguay, and Bolivia. MINNA has been featured in Goop, Design Milk, and Vogue and generated $1.5 million in revenue in 2021. Sara Berks founded MINNA in December 2014. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1,070,000. The campaign proceeds will be used for new hires, marketing, product development, artisan initiatives, and brick-and-mortar expansion.
Investment Overview
Invested : $57,551
Deal Terms
Total Commitments
- Platform
- Republic
- Start Date
- 05/12/2022
- Close Date
- 08/15/2022
$25,000
$1,070,000
$100
SAFE
Growth Stage
RegCF
$5,000,000
15%
Company & Team
Company
- Year Founded
- 2014
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
- Revenue +25% YoY
- $1,511,195
- Monthly Burn
- $7,851
-
Runway
- 13 months
- Gross Margin
- 54%
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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 |
|---|---|---|---|---|---|---|
| 08/15/2022 | Republic | $5,000,000 | $57,551 | SAFE | Funded | RegCF |