Nuudii System

Nuudii System

Early Stage

Patented, Grab-and-Go Boobwear that addresses fit, function, and fashion

Patented, Grab-and-Go Boobwear that addresses fit, function, and fashion

Overview

Raised to Date: Raised: $77,850

Total Commitments ($USD)

Platform

Wefunder

Start Date

03/20/2024

Close Date

07/22/2024

Min. Goal
$50,000
Max. Goal
$618,000
Min. Investment

$100

Security Type

Convertible Note

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$10,500,000

Valuation Cap

$11,000,000

Discount

20%

Rolling Commitments ($USD)

Status

Active

Reporting Date

04/17/2024

Days Remaining

95

% of Min. Goal

156%

% of Max. Goal

13%

Likelihood of Max
unlikely
Avg. Daily Raise

$2,780

# of Investors

111

Momentum
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Year Founded

2016

Industry

Apparel & Fashion

Tech Sector

Retailtech

Location

Hampton Bays, New York

Nuudii System, with a valuation of $11 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 100,000 customers in 40 countries, with lifetime sales of $6 million and gross 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 $618,000. The campaign proceeds will be used for marketing, inventory, product development, and hiring.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$2,610,176

$1,129,577

COGS

$1,164,240

$567,381

Tax

$0

$0

 

 

Net Income

$152,607

$-684,207

Summary Balance Sheet

FY 2023 FY 2022

Cash

$125,829

$176,304

Accounts Receivable

$0

$0

Total Assets

$469,775

$378,464

Short-Term Debt

$537,677

$623,492

Long-Term Debt

$1,735,205

$1,710,686

Total Liabilities

$2,272,882

$2,334,178

Financials as of: 03/20/2024
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Nuudii System 07/21/2024 Wefunder $11,000,000 $77,850 Convertible Note Active RegCF
Nuudii System 07/26/2022 Wefunder $8,500,000 $333,940 Convertible Note Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

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.

Employee History

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Nuudii System on Wefunder 2024
Platform: Wefunder
Security Type: Convertible Note
Valuation: $11,000,000

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