Olive Tree People
About this raise
Olive Tree People is raising funds independently through Reg A+ crowdfunding. The company is revolutionizing the beauty products industry with its unique skincare products and cosmetics. The products of Olive Tree People are unique as they use 100% organic bioactive beauty elixir instead of water. Olive Tree People has generated $22.1 million in revenue from 2016 to 2020, with a 35% revenue growth in 2020 alone. Thomas Lommel founded Olive Tree People in 2016. The current crowdfunding campaign has no minimum target and a maximum target of $15,000,000. The campaign proceeds will be used for product development, marketing and promotion, new store locations, and general and administrative expenses.
Investment Overview
Invested $67,000 :
Deal Terms
Company & Team
Company
- Year Founded
- 2015
- Industry
- Beauty & Personal Care
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- High
Financials
- Revenue +35% YoY
- $7,150,708
- Monthly Burn
- $112,891
-
Runway
- 6.6 months
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Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
09/30/2022 | Republic | $80,000,000 | $67,000 | Equity - Common | Funded | RegA+ |