This company is no longer in business. Investors can get details about any potential exits or failures here.

OAK

OAK

Early Stage

New York City-based digitally native brand offering trend-driven creative essentials.

New York City-based digitally native brand offering trend-driven creative essentials.

Overview

Raised this Round: Raised: $0

Total Commitments ($USD)

Platform

SeedInvest

Start Date

03/12/2019

Close Date

04/26/2019

Min. Goal
$25,000
Max. Goal
$1,070,000
Min. Investment

$1,000

Security Type

Equity - Preferred

SEC Filing Type

RegCF / RegD 506(c)    Open SEC Filing

Price Per Share

$2.11

Pre-Money Valuation

$12,000,000

Year Founded

2016

Industry

Apparel & Fashion

Tech Sector

Location

Brooklyn, New York

OAK, the New York City-based brand of trendy creative essentials, is raising on SeedInvest. The company has a pre-money valuation of $12 million. OAK is the manufacturer and distributor of creative and comfortable men and women clothing, shoes, and accessories. The customers of OAK are generally millennial or Generation X men and women. OAK was founded by Jeff Madalena and Louis Terline in 2004. The proceeds of the current crowdfunding round, with the total round size of $2.5 million, will be used for R&D in lifestyle and child categories, marketing, hiring, and inventory. OAK already has over $10 million in online lifetime sales, with a subscriber list of over 200,000 emails.
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OAK on SeedInvest
Platform: SeedInvest
Security Type: Equity - Preferred
Valuation: $12,000,000
Price per Share: $2.11

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