About this raise: Nuudii System, with a valuation of $8.5 million, is raising funds on Wefunder. It is a boobwear brand that uses innovation, technology, and patented design to create comfortable lifestyle products. Nuudii System’s boobwear is the option between bra and braless and empowers women to own their wonderfully unique shape. Nuudii System has over 60,000 customers in 40 countries, with sales of $2.8 million and margins of 78%. Annette Azan founded Nuudii System in March 2016. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,070,000. The campaign proceeds will be used for marketing, inventory, product development, and hiring.
Investment Overview
Invested : $333,940
Deal Terms
Total Commitments ($USD)
- Platform
- Wefunder
- Start Date
- 02/25/2022
- Close Date
- 07/27/2022
$50,000
$1,070,000
$100
Convertible Note
Seed
RegCF
$8,000,000
$8,500,000
20%
Company & Team
Company
- Year Founded
- 2016
- Industry
- Apparel & Fashion
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- High
- Capital Intensity
- Low
Financials
- Revenue +60% YoY
- $1,116,090
- Monthly Burn
- $20,210
-
Runway
- 3.7 months
- Gross Margin
- 56%
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Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
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Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.